Mission, TX Fourplex
3709 N Inspiration Road Mission, TX 78572
3709 N Inspiration Road, Mission, TX, 78572
$365,000
For Sale
$365,000
MULTI_FAMILY - Mission, TX
Property Size2,720 SF
Lot Size0.28 Acres
Price / SF$134.19
Days on Market79
Property Features for 3709 N Inspiration Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Garage, Other, Carport
- Fencing
- Privacy
- Appliances
- Electric Water Heater, Refrigerator, Stove/Range
- Standard status
- Active
- APN
- T094002000019300
- Size
- 2,720 SF
- Lot size
- 0.28 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5757
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1998
- Floors in Building
- 1
- Number of units
- 4
- Building materials
- Brick, Stucco
- Roof type
- Shingle
Listing Agency
Keller Williams Realty RGV
(956) 928-1155
3300 N Mccoll. Ste P & Q, McAllen, TX
Listed by
Jaime Lee Gonzalez
(956) 599-8400
Added: Apr 30 Checked: Jul 17 at 10:06 am
MLS# 478703
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 fourplex presents a great investment opportunity, centrally located in a high-traffic area of Mission, TX. The property is situated close to Expressway 83, Hollis Park, Dollar General, and Fire Station #4. Each of the four units features 2 bedrooms and 1 bath, complete with washer and dryer connections and tile flooring. Each unit also has private access to the backyard. The property is fully fenced and includes front parking. The lot size is 0.2821 acres, and the property size is 2720 square feet.
Key Highlights
- Excellent central location in a high traffic area, close to Expressway 83.
- Four units, each with 2 bedrooms and 1 bath, offering income potential.
- Each unit includes washer and dryer connections for tenant convenience.
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 | $38.2k | $14.04 |
| − Vacancy | −$4.2k | −$1.55 |
| EGI | $34.0k | $12.49 |
| − OpEx | −$10.2k | −$3.75 |
| NOI | $23.8k | $8.74 |
2,720 SF · lease $14.04/SF/yr · vacancy 11.02% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$339.8K
$297.3K – $396.4K
NOI $23,786 @ 7.0% cap · market cap 6.52%
Second Best
Apartment 5plus
$312.9K
$273.8K – $365.0K
NOI $21,900 @ 7.0% cap · market cap 6.00%
Theoretical Best
Hotel Hospitality
$2.05M
$1.79M – $2.39M
NOI $143,412 @ 7.0% cap · market cap 39.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Fourplex in Mission, TX, near Expressway 83 and Hollis Park.
Where is this quadplex located?
The property is located at 3709 N Inspiration Road Mission, TX.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Excellent central location in a high traffic area, close to Expressway 83.; Four units, each with 2 bedrooms and 1 bath, offering income potential.; Each unit includes washer and dryer connections for tenant convenience.
