9-Unit Apartment Building with Separate
For Sale
$515,000
5020 N La Homa Rd., Mission, TX 78574
Residential Income, Mission, TX
Property Size7,114 SF
Lot Size1.15 Acres
Price / SF$72.39
Days on Market138
Property Features for 5020 N La Homa Rd.
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R
Bedrooms
2
Bathrooms
1
Full bathrooms
1
Rooms
Bedroom 1, Bathroom 1, Bedroom 2
Parking features
Garage, Carport
Pets allowed
No
Interior features
Ceiling Fan(s)
Exterior features
Fence
Fencing
Fenced
Appliances
Stove
Subdivision
New Caledonia UT NO. 3
Elementary school district
Sharyland ISD
Middle school district
Sharyland ISD
High school district
Sharyland ISD
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
Vinyl, Concrete
Listing Agency:
Effective Real Estate
(956) 322-8522
Listed By:
Ryan McDaniel
(956) 299-2111
Added: Jun 8
Changed: Oct 20
Last Checked: Oct 23 at 12:06PM
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.
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Investment Insights
Based on property information with market context.
This 9-unit apartment property at 5020 N La Homa Rd. in Mission, Texas, contains 7,114 square feet of residential space on 1.15 acres. Constructed in 1996, the property includes nine two-bedroom, one-bath residences with separate electric and water meters for each unit. Interior finishes include vinyl and concrete flooring, ceiling fans, and stoves. The site also provides garage and carport parking within a fenced exterior.
The property carries R zoning and is located in Mission’s 78574 postal area. Its configuration combines a defined unit mix with individually metered utilities and on-site parking, while the building’s established construction date provides additional context for evaluating the asset.
The property carries R zoning and is located in Mission’s 78574 postal area. Its configuration combines a defined unit mix with individually metered utilities and on-site parking, while the building’s established construction date provides additional context for evaluating the asset.
Key Highlights
- 9 apartment units, each configured with 2 Bed and 1 Bath
- 7,114 Square Feet of property size on 1.15 acres
- Separate electric and water meters for each apartment
Property Analytics
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Lease Details
9
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
91
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with individually metered electric and water service.
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 $515,000.
What are key features of this property?
This property features: 9 apartment units, each configured with 2 Bed and 1 Bath; 7,114 Square Feet of property size on 1.15 acres; Separate electric and water meters for each apartment
