Drive-Through Restaurant
New
For Sale
$420,000
6604 N La Homa Road, Mission, TX 78574
COMMERCIAL - Mission, TX
Property Size1,488 SF
Lot Size0.51 Acres
Price / SF$282.26
Days on Market2
Property Features for 6604 N La Homa Road
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
12
Parking features
Covered
Exterior features
Storage
Appliances
Electric Water Heater
Subdivision
La Homa Groves Estates #3
Directions
Going north on La Homa Rd pass Mile 5 then property will be to your right on Limon Rd corner.
Standard status
Active
APN
L106903000007400
Size
1,488 SF
Lot size
0.51 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5267
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
2017
Floors in Building
1
Building materials
Block, Frame/Wood
Roof type
Flat
Additional Structures
Storage
Listing Agency:
RE/MAX Platinum · RE/MAX International
(956) 668-8555
Listed By:
Greg Villarreal
(956) 588-8365
Added: Aug 4
Last Checked: Aug 5 at 4:06PM
MLS# 511569
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 1,488-square-foot drive-through restaurant property occupies a 0.5051-acre corner lot in Mission. The improvements date to 2017 and include block and frame/wood construction, a flat roof, storage space, covered parking, central heating, central air conditioning, and an electric water heater. The property is associated with an established raspa-snack business and includes a drive-through configuration for customer service.
Located at 6604 N La Homa Road, the property offers direct road access and a visible corner setting. The separate taqueria structure on blocks along the south side does not convey with the property.
Located at 6604 N La Homa Road, the property offers direct road access and a visible corner setting. The separate taqueria structure on blocks along the south side does not convey with the property.
Key Highlights
- 1,488 SF drive‑through restaurant property
- 0.5051‑acre corner lot at 6604 N La Homa Road, Mission, TX 78574
- 2017 construction with block and frame/wood materials
Financial Insights For Specialty Retail
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 | $30.5k | $20.52 |
| − Vacancy | −$1.7k | −$1.17 |
| EGI | $28.8k | $19.35 |
| − OpEx | −$7.2k | −$4.84 |
| NOI | $21.6k | $14.51 |
1,488 SF · lease $20.52/SF/yr · vacancy 5.70% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$308.5K
$269.9K – $359.9K
NOI $21,595 @ 7.0% cap · market cap 5.14%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$1.12M
$980.7K – $1.31M
NOI $78,455 @ 7.0% cap · market cap 18.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
143
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 Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Corner-site food-service property with covered parking, storage, and central air conditioning.
Where is this drive through restaurant located?
The property is located at 6604 N La Homa Road Mission, TX.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: 1,488 SF drive‑through restaurant property; 0.5051‑acre corner lot at 6604 N La Homa Road, Mission, TX 78574; 2017 construction with block and frame/wood materials
