3102 Diamondhead Avenue Mission, TX 78573
MULTI_FAMILY - Mission, TX
Property Features for 3102 Diamondhead Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 8
- Parking features
- Garage
- Appliances
- Electric Water Heater, Dryer, Refrigerator, Stove/Range-Electric Smooth, Washer
- Standard status
- Active
- APN
- E443500000001200
- Size
- 3,672 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8462
Utilities
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 2012
- Floors in Building
- 1
- Number of units
- 4
- Building materials
- Stone, Stucco
- Roof type
- Composition
Listing agent Jessica Marroquin (956) 536-2715
Listing office Tierra Frontera LLC 833 E Esperanza Ave Suite 113, McAllen, TX (956) 307-4544
Listing date Jun 1, 2026
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.
The property is located in Mission, Texas, in a quiet neighborhood and within the Sharyland ISD. It sits on a small lot, with rear access to the covered parking. The surrounding area includes everyday amenities, with local shopping and dining and nearby recreation at Garcia Park.
This configuration suits both investors and owner-occupants. With three units available for rental while living in one, the property can support an owner’s live-in strategy for offsetting expenses. For buyers focused on residential income, the repeatable unit layout—consistent bedrooms, bathrooms, patios, laundry, and kitchen design—can simplify leasing and ongoing management considerations. Rear covered parking and included appliances further support tenant retention and ease of move-in. Schedule a showing to review unit details and confirm fit for your investment or occupancy goals.
Key Highlights
- Well‑maintained fourplex built in 2012 in a quiet Mission neighborhood
- Four units total; each unit has 2 bedrooms and 2 bathrooms
- Each unit includes a private patio and an in‑unit laundry area
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 | $51.6k | $14.04 |
| − Vacancy | −$5.7k | −$1.55 |
| EGI | $45.9k | $12.49 |
| − OpEx | −$13.8k | −$3.75 |
| NOI | $32.1k | $8.74 |
