Well-Maintained
610 S Linda Street Mission, TX 78573
For Sale
Contact for pricing
Well-maintained 4-plex with functional unit layouts featuring tile flooring and spacious living areas.
Property Size3,584 SF
Price / SF$115.65
Days on Market128
Property Features for 610 S Linda Street
General Information
Standard status
Active
Size
3,584 SF
Property subtype
Multifamily
Building Details
Year Built
2019
Listing Agency:
Tierra Frontera LLC
(956) 307-4544
Listed By:
Jessica Marroquin
Source:
Crexi
Added: Mar 24
Changed: Jul 23
Last Checked: Jul 28 at 6:21PM
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 Tierra Frontera LLC
Investment Insights
Based on property information with market context.
This well-maintained 4-plex offers four units with functional layouts and tile flooring throughout. Units include spacious living areas and comfortable bedrooms, with an exterior designed for low maintenance.
The property also provides ample parking and is conveniently located near schools, shopping, and major roadways, supporting easy day-to-day access.
Presented as a residential income property, the 4-plex is suited for buyers seeking either an investment addition or additional income as an owner-occupant.
The property also provides ample parking and is conveniently located near schools, shopping, and major roadways, supporting easy day-to-day access.
Presented as a residential income property, the 4-plex is suited for buyers seeking either an investment addition or additional income as an owner-occupant.
Key Highlights
- 4‑plex built in 2019
- Each unit features functional layouts with tile flooring throughout
- Spacious living areas and comfortable bedrooms in each unit
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 | $50.3k | $14.04 |
| − Vacancy | −$5.5k | −$1.55 |
| EGI | $44.8k | $12.49 |
| − OpEx | −$13.4k | −$3.75 |
| NOI | $31.3k | $8.74 |
3,584 SF · lease $14.04/SF/yr · vacancy 11.02% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$447.7K
$391.8K – $522.4K
NOI $31,342 @ 7.0% cap · market cap 7.56%
Second Best
Apartment 5plus
$412.2K
$360.7K – $480.9K
NOI $28,856 @ 7.0% cap · market cap 6.96%
Theoretical Best
Hotel Hospitality
$2.70M
$2.36M – $3.15M
NOI $188,966 @ 7.0% cap · market cap 45.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Well-maintained 4-plex with functional unit layouts featuring tile flooring and spacious living areas.
Where is this quadplex located?
The property is located at 610 S Linda Street Mission, TX.
What is the asking price?
The asking price for this property is $414,500.
What are key features of this property?
This property features: 4‑plex built in 2019; Each unit features functional layouts with tile flooring throughout; Spacious living areas and comfortable bedrooms in each unit
