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Four-Unit Apartment Property
For Sale
Contact for pricing
Pending

704 Thompson Road, Mission, TX 78573

Updated quadplex with covered porches, durable finishes, and in-unit laundry connections.

Property SizeContact for details
Days on Market144

Property Features for 704 Thompson Road

General Information

Standard status Pending
Property subtype Multifamily

Financials

Gross Income $38,400
Average Monthly Rent $800

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Amenities

large covered front porch
Listing Agency: Bryan Bjerke - Office
Listed By: Gilberto Gutierrez
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 11:37PM

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 Bryan Bjerke - Office

Investment Insights

Based on property information with market context.

This four-unit apartment property contains four two-bedroom, one-bath residences, each equipped with a refrigerator and stove and prepared for washer and dryer installation. Recent improvements include replacement tile completed about 4 years ago, new shingles, tiled kitchen cabinetry, double-pane windows, and steel entry doors. Interior details include stained oak cabinetry, linen closets, decorative high ceilings, and bathrooms with tub-and-shower combinations and cultured marble vanities. One bathroom includes a steel tub with tile extending to the ceiling.

Each residence has access to a large covered front porch. The apartments are situated in a newer subdivision in Mission, with shopping centers and medical facilities in Palmhurst and Mission nearby.

Key Highlights

  • Four 2‑bedroom, 1‑bathroom apartments
  • New shingles and tile replaced about 4 years ago
  • Refrigerator and stove in each unit; washer and dryer connections

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Plumbing Service Building Supply Computer & Electronic Repair

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

Location Intelligence

Trade Area within ½ mile

97
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 - Updated quadplex with covered porches, durable finishes, and in-unit laundry connections.
Where is this quadplex located?
The property is located at 704 Thompson Road Mission, TX.
What are key features of this property?
This property features: Four 2‑bedroom, 1‑bathroom apartments; New shingles and tile replaced about 4 years ago; Refrigerator and stove in each unit; washer and dryer connections
More about this property
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