Nine-Unit Apartment
5020 N La Homa Rd. Mission, TX 78574
For Sale
$550,000
MULTI_FAMILY - Mission, TX
Property Size7,114 SF
Lot Size1.15 Acres
Price / SF$77.31
Days on Market46
Property Features for 5020 N La Homa Rd.
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R
- Bedrooms
- 2
- Bathrooms
- 1
- Rooms
- Bathroom 1, Bedroom 2, Bedroom 1
- Parking features
- Carport, Garage
- Pets allowed
- No
- Interior features
- Ceiling Fan(s)
- Exterior features
- Fence
- Fencing
- Fenced
- Appliances
- Stove
- Standard status
- Active
- Size
- 7,114 SF
- Lot size
- 1.15 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8463
Building Details
- Year built
- 1996
- Floors in Building
- 1
- Number of units
- 9
- Flooring type
- Concrete, Vinyl
Listing Agency:
Effective Real Estate
(956) 322-8522
Listed By:
Ryan McDaniel
(956) 299-2111
Added: Jun 8
Changed: Jul 11
Last Checked: Jul 23 at 10:06PM
MLS# 106387
Copyright © 2026 South Padre Island Board 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 for-sale multifamily property consists of nine apartment units, each configured as 2 bedrooms and 1 bathroom. The building includes individual electric and water metering for each unit, supporting privacy and straightforward resident utility management.
Located in Mission, Texas, the property is described as having convenient access to nearby shopping, dining, and entertainment. Public remarks also note proximity to Bannworth Park and Griffin Parkway Park, along with closeness to major roadways and local schools.
For buyers seeking a small residential income asset, the property’s unit mix and individual metering may appeal for tenant-oriented operations. With all nine units similarly sized (2 bed/1 bath) and separately metered utilities, the building can be easier to manage from a leasing and turn-over standpoint than properties with highly varied layouts or shared utility arrangements. The asset is offered for sale with a stated total building size of 7,114 square feet and a 1.15-acre lot.
Located in Mission, Texas, the property is described as having convenient access to nearby shopping, dining, and entertainment. Public remarks also note proximity to Bannworth Park and Griffin Parkway Park, along with closeness to major roadways and local schools.
For buyers seeking a small residential income asset, the property’s unit mix and individual metering may appeal for tenant-oriented operations. With all nine units similarly sized (2 bed/1 bath) and separately metered utilities, the building can be easier to manage from a leasing and turn-over standpoint than properties with highly varied layouts or shared utility arrangements. The asset is offered for sale with a stated total building size of 7,114 square feet and a 1.15-acre lot.
Key Highlights
- 9‑unit multifamily property with all units configured as 2 Bed, 1 Bath apartments
- Each unit has its own electric and water meters
- Year built: 1996
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Nine 2-bedroom, 1-bath units each with electric and water meters, offering convenient resident setup.
Where is this apartment building located?
The property is located at 5020 N La Homa Rd. Mission, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 9‑unit multifamily property with all units configured as 2 Bed, 1 Bath apartments; Each unit has its own electric and water meters; Year built: 1996
