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Mission, TX Four-Plex Investment

2712 E Eisenhower Avenue Mission, TX 78573

2712 E Eisenhower Avenue, Mission, TX, 78573
$408,000
For Sale
Claim this Listing
$408,000

MULTI_FAMILY - Mission, TX

Property Size3,596 SF
Lot Size0.20 Acres
Price / SF$113.46
AddedApr 16
Days on Market90
Last RefreshJul 14 at 4:06 pm

Property Features for 2712 E Eisenhower Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking
8
Parking features
Garage
Exterior features
Mature Trees
Appliances
Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer
Standard status
Active
APN
S606302000005800
Size
3,596 SF
Lot size
0.20 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
9196

Utilities

Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Water source
Public

Building Details

Year built
2019
Floors in Building
1
Number of units
4
Building materials
Brick, Stone
Roof type
Shingle

Listing agent Jessica Marroquin

Listing office Tierra Frontera LLC 833 E Esperanza Ave Suite 113, McAllen, TX

Listing date Apr 16, 2026

MLS# 494324 Listing URL

Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This multi-family property in Mission, TX, constructed in 2020, presents an investment opportunity. The property includes four units, each featuring 2 bedrooms and 2 bathrooms, totaling 8 bedrooms and 8 bathrooms across approximately 3,600 sq ft. The exterior features an expansive concrete driveway, covered carport parking, sidewalks, and maintained landscaping. Located near schools, shopping, dining, and major roadways, the property offers accessibility throughout Mission and surrounding areas. The property is situated on a lot of 0.2034 acres. The property size is 3596 square feet.

Key Highlights

  • Built in 2019/2020: Modern construction minimizes maintenance.
  • Four Units: Provides immediate rental income.
  • 2 Bed/2 Bath Units: Highly desirable layout for renters.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $50.5k $14.04
− Vacancy −$5.6k −$1.55
EGI $44.9k $12.49
− OpEx −$13.5k −$3.75
NOI $31.4k $8.74
3,596 SF · lease $14.04/SF/yr · vacancy 11.02% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$449.2K
$393.1K – $524.1K (±1% cap)
NOI $31,447 @ 7.0% cap · market cap 7.71%
Second Best
Apartment 5plus
$413.6K
$361.9K – $482.6K (±1% cap)
NOI $28,953 @ 7.0% cap · market cap 7.10%
Theoretical Best
Hotel Hospitality
$2.71M
$2.37M – $3.16M (±1% cap)
NOI $189,599 @ 7.0% cap · market cap 46.47%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Building Supply Dental Office Big Box & Wholesale Store Electrical Service Gym & Fitness Center Furniture & Home Goods Skin Care Clinic Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Garden Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Modern four-unit property built in 2020, ideal for investors.
Where is this quadplex located?
The property is located at 2712 E Eisenhower Avenue Mission, TX.
What is the asking price?
The asking price for this property is $408,000.
What are key features of this property?
This property features: Built in 2019/2020: Modern construction minimizes maintenance.; Four Units: Provides immediate rental income.; 2 Bed/2 Bath Units: Highly desirable layout for renters.
Contact an agent
More about this property
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