9-Unit Apartment
For Sale
$515,000
5020 La Homa Road, Mission, TX 78574
Residential Income, Mission, TX
Property Size7,113 SF
Lot Size1.15 Acres
Price / SF$72.40
Days on Market93
Property Features for 5020 La Homa Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
None
Exterior features
Mature Trees
Fencing
Chain Link
Appliances
Electric Water Heater, Stove/Range-Electric Coil
Subdivision
New Caledonia #3
Elementary school
Lloyd Dolly Bentsen
Middle school
La Joya Palmview
High school
Palmview H.S.
Elementary school district
Sharyland ISD
Middle school district
Sharyland ISD
High school district
Sharyland ISD
Directions
From west on I-2, take exit 133 for Bentsen Palm Dr/La Homa Rd. Continue north on N La Homa Rd for approximately 15 miles. The property will be on your right-hand side.
Standard status
Active
APN
N120003000003510
Size
7,113 SF
Lot size
1.15 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
8463
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1995
Floors in Building
1
Number of units
9
Building materials
Brick, Block, Solid Masonry
Roof type
Metal, Shingle
Listing Agency:
Effective Real Estate
(956) 322-8522
Listed By:
Ryan J. Mcdaniel
(956) 299-2111
Added: Jun 8
Changed: Aug 30
Last Checked: Sep 8 at 2:06AM
MLS# 505698
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 7,113-square-foot apartment property includes 9 units, each configured with 2 bedrooms and 1 bath. Built in 1995, the improvements feature brick, block, and solid masonry construction, central heating, central air, chain-link fencing, mature trees, and metal and shingle roof materials. Electric and water metering is provided separately for every apartment. The property sits on 1.15 acres and does not include designated parking features.
Located in Mission, the property is near shopping, dining, entertainment, parks, schools, and major roadways. Bannworth Park and Griffin Parkway Park are identified among the nearby recreational destinations. The address is 5020 La Homa Road, Mission, TX 78574.
Located in Mission, the property is near shopping, dining, entertainment, parks, schools, and major roadways. Bannworth Park and Griffin Parkway Park are identified among the nearby recreational destinations. The address is 5020 La Homa Road, Mission, TX 78574.
Key Highlights
- 9 apartment units, each with 2 bedrooms and 1 bath
- 7,113 square feet of property improvements on 1.15 acres
- Individual electric and water meters serve each apartment
Property Analytics
Property Profile
Current Use
Lease Details
9
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
91
Businesses Nearby
Explore this area
Business Placement
Demographics for 78574, TX
63,627
Population
18,309
Households
3.5
Avg Household Size
28
Median Age
16%
College-Educated
58%
High-School Grad
51.9 sq mi
ZIP Area
1,226
Density / Sq Mi
$52,536
Median Household Income
$28,029
Median Earnings
$807
Median Rent
$119,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Separate electric and water meters support straightforward utility allocation across the apartment units.
Where is this apartment building located?
The property is located at 5020 La Homa Road Mission, TX.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: 9 apartment units, each with 2 bedrooms and 1 bath; 7,113 square feet of property improvements on 1.15 acres; Individual electric and water meters serve each apartment
