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New 4-Unit Apartment Building
For Sale
Contact for pricing
Pending

702 Palmer Drive, Mission, TX 78573

Planned new construction with covered parking, updated finishes, and appliances included for each residence.

Property SizeContact for details
Days on Market141

Property Features for 702 Palmer Drive

General Information

Standard status Pending
Total Parking Spaces 8
Property subtype Multifamily

Units

Unit Mix 4 x 2BR/2BA
Multifamily Units 4
Parking per Unit 2

Additional Details

Road Access Yes

Building Details

Buildings 1
Listing Agency: LPT Realty LLC
Listed By: cynthia Lugo
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 1:29PM

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 LPT Realty LLC

Investment Insights

Based on property information with market context.

This planned new-construction quadplex will contain four apartments, each configured with two bedrooms, two bathrooms, and two covered parking spaces. Proposed interior features include porcelain tile flooring, foam insulation, and a new appliance package with a microwave/range, slide-in stove, and dishwasher.

The property is located in the Amber Grove subdivision on Trosper Road between Mile 2 and 3 in Mission, with downtown, shopping, H.E.B., and schools nearby. The design provides four separately configured residences within one multifamily building, with consistent finishes and parking across the units.

Key Highlights

  • Four apartments, each with 2 bedrooms and 2 bathrooms
  • 2 covered parking spaces provided for each unit
  • New appliances include microwave/range, slide‑in stove, and dishwasher

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Electrical Service Daycare Center Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

201
Businesses Nearby

Demographics for 78573, TX

42,229
Population
13,339
Households
3.2
Avg Household Size
29
Median Age
15%
College-Educated
63%
High-School Grad
36.7 sq mi
ZIP Area
1,151
Density / Sq Mi
$51,185
Median Household Income
$27,730
Median Earnings
$909
Median Rent
$154,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Planned new construction with covered parking, updated finishes, and appliances included for each residence.
Where is this quadplex located?
The property is located at 702 Palmer Drive Mission, TX.
What are key features of this property?
This property features: Four apartments, each with 2 bedrooms and 2 bathrooms; 2 covered parking spaces provided for each unit; New appliances include microwave/range, slide‑in stove, and dishwasher
(956) 207-1121 Call to check price and availability
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