Quadplex with Private
705 Pedro Street, Mission, TX 78572
For Sale
$510,000
Residential Income, Mission, TX
Property Size3,760 SF
Lot Size0.22 Acres
Price / SF$135.64
Days on Market99
Property Features for 705 Pedro Street
General Information
Property type
Property subtype
Parking
Parking features
Patio and Porch features
Exterior features
Fencing
Appliances
Subdivision
Lot features
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
HOA Fee
Utilities
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Building materials
Roof type
Buildings
Listing Agency:
BIG Realty
(956) 465-0011
Listed By:
Gregory A Vasquez · License TX #0665545
(956) 289-3288
Added: Aug 3
Changed: Oct 26
Last Checked: Nov 9 at 8:06PM
MLS# 452920
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.
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Investment Insights
Based on property information with market context.
Built in 2024, this quadplex provides 3,760 square feet of total living space across four residential units. The property includes patios, privacy fencing, a sprinkler system, composition roofing, brick and siding construction, and public water service. Interior systems include central electric heating and cooling, along with electric cooking and laundry appliances.
The 0.2235-acre property is located at 705 Pedro Street in Mission, Texas, near an expressway, shopping centers, and schools. HOA involvement includes shared maintenance and community amenities, providing an organized ownership structure for the property.
The 0.2235-acre property is located at 705 Pedro Street in Mission, Texas, near an expressway, shopping centers, and schools. HOA involvement includes shared maintenance and community amenities, providing an organized ownership structure for the property.
Key Highlights
- Fourplex with 3,760 square feet of total living space
- Built in 2024 on a 0.2235‑acre lot
- Central electric heating and cooling
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,881
Cap Rate
6.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$657,620
$657.6K
Cap Rate 7%
$469,729
$469.7K
Cap Rate 9%
$365,344
$365.3K
Market Conditions
NOI Build-Up for 3,760 SF
Gross rent
$52.8K $14.04/SF
− Vacancy
−$5.8K −$1.55/SF
EGI
$47.0K $12.49/SF
− OpEx
−$14.1K −$3.75/SF
NOI
$32.9K $8.74/SF
Area
Hidalgo County, TX
Vacancy
11.02%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$657,620
Cap Rate 7%
$469,729
Cap Rate 9%
$365,344
Alternative Uses
Best Use
Multifamily LT 5
$469.7K
$411.0K – $548.0K
NOI $32,881 @ 7.0% cap · market cap 6.45%
Second Best
Apartment 5plus
$432.5K
$378.4K – $504.6K
NOI $30,274 @ 7.0% cap · market cap 5.94%
Theoretical Best
Office A
$1.32M
$1.16M – $1.54M
NOI $92,586 @ 7.0% cap · market cap 18.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
689
Businesses Nearby
Explore this area
Business Placement
Demographics for 78572, TX
78,280
Population
32,696
Households
2.4
Avg Household Size
36
Median Age
25%
College-Educated
75%
High-School Grad
53.7 sq mi
ZIP Area
1,458
Density / Sq Mi
$54,029
Median Household Income
$30,004
Median Earnings
$900
Median Rent
$121,900
Median Home Value
Market
Average Price Trend$/SF for Quadplexes in Mission, TX
Properties on Market for Quadplexes in Mission
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Newly constructed fourplex with central HVAC, electric appliances, privacy fencing, and HOA-managed shared maintenance.
Where is this quadplex located?
The property is located at 705 Pedro Street Mission, TX.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: Fourplex with 3,760 square feet of total living space; Built in 2024 on a 0.2235‑acre lot; Central electric heating and cooling
