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Fourplex with Private Fenced Yards
New
For Sale
$489,000

312 W Campeche Avenue, Mission, TX 78573

Four separate residences feature open-concept layouts, quartz kitchen counters, and included stainless steel appliances.

Property Size4,050 SF
Price / SF$120.74
Days on Market2

Property Features for 312 W Campeche Avenue

General Information

Standard status Active
Size 4,050 SF
Property subtype Quadruplex

Building Details

Year Built 2024
Listing Agency: SANETI REALTY GROUP
Listed By: Alberto Sanchez
Source: Sanetirealty
Added: Nov 1 Last Checked: Nov 1 at 4:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SANETI REALTY GROUP

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Investment Insights

Based on property information with market context.

Built in 2024, this fourplex contains 4,050 square feet and is located within a gated multifamily subdivision. Each residence has an open-concept floorplan, wood-look tile, custom kitchen cabinetry, quartz counters, and an island. Bedrooms include large closets; primary suites have a large bathroom with a frameless glass shower. Private fenced backyards, stainless steel appliances, washers and dryers, and carports are provided for all units.

The property is in Mission ISD, near schools, restaurants, and shopping.

Key Highlights

  • Four‑unit property with 4,050 square feet, built in 2024
  • Located in a gated multifamily subdivision in Mission ISD
  • Private fenced backyard for each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$35,417
Cap Rate
7.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$708,340 $708.3K
Cap Rate 7%
$505,957 $506.0K
Cap Rate 9%
$393,522 $393.5K
Market Conditions
NOI Build-Up for 4,050 SF
Gross rent
$56.9K $14.04/SF
− Vacancy
−$6.3K −$1.55/SF
EGI
$50.6K $12.49/SF
− OpEx
−$15.2K −$3.75/SF
NOI
$35.4K $8.74/SF
Area
Hidalgo County, TX
Vacancy
11.02%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$708,340
Cap Rate 7%
$505,957
Cap Rate 9%
$393,522

Alternative Uses

Best Use
Multifamily LT 5
$506.0K
$442.7K – $590.3K (±1% cap)
NOI $35,417 @ 7.0% cap · market cap 7.24%
Second Best
Apartment 5plus
$465.8K
$407.6K – $543.5K (±1% cap)
NOI $32,608 @ 7.0% cap · market cap 6.67%
Theoretical Best
Hotel Hospitality
$3.05M
$2.67M – $3.56M (±1% cap)
NOI $213,536 @ 7.0% cap · market cap 43.67%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Location Intelligence

Trade Area within ½ mile

284
Businesses Nearby

Demographics for 78573, TX

42,229
Population
13,339
Households
3.2
Avg Household Size
29
Median Age
15%
College-Educated
63%
High-School Grad
36.7 sq mi
ZIP Area
1,151
Density / Sq Mi
$51,185
Median Household Income
$27,730
Median Earnings
$909
Median Rent
$154,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four separate residences feature open-concept layouts, quartz kitchen counters, and included stainless steel appliances.
Where is this quadplex located?
The property is located at 312 W Campeche Avenue Mission, TX.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: Four‑unit property with 4,050 square feet, built in 2024; Located in a gated multifamily subdivision in Mission ISD; Private fenced backyard for each unit
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