Two-Story Fourplex with Private
For Sale
$565,000
7706 N 58th Ln, Mission, TX
Fully leased multifamily property with modern interiors, private fenced yards, and covered parking.
Property Size4,400 SF
Price / SF$128.41
Days on Market66
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Property Features for 7706 N 58th Ln
General Information
Standard status
Active
Size
4,400 SF
Total Parking Spaces
8
Property subtype
Residential Income
Occupancy
100%
Units
Unit Mix
4 x 3BR/2BA
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$10,565
Amenities
private fenced backyards
Building Details
Buildings
1
Stories
2
Listing Agency:
Nexus RGV Adminstrative Group, LLC
Listed By:
Daniela Perez · License #801068475
(956) 777-9340
Source:
Exprealty
Added: Aug 11
Changed: Oct 14
Last Checked: Oct 15 at 2:53AM
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 Nexus RGV Adminstrative Group, LLC
Investment Insights
Based on property information with market context.
This 4,400-square-foot, two-story quadplex contains four residences, each arranged with three bedrooms, two bathrooms, open-concept living space, walk-in closets, and a private fenced backyard. Interior finishes include wood-look tile flooring, quartz countertops, custom cabinetry, frameless glass showers, and designer fixtures. Eight covered carport spaces serve the property.
The asset sits on a cul-de-sac within Sharyland ISD and is positioned near shopping, dining, schools, and major roadways. All four residences are currently leased, providing an established income-producing configuration with consistent unit layouts and dedicated outdoor areas.
The asset sits on a cul-de-sac within Sharyland ISD and is positioned near shopping, dining, schools, and major roadways. All four residences are currently leased, providing an established income-producing configuration with consistent unit layouts and dedicated outdoor areas.
Key Highlights
- 4,400 SF two‑story quadplex with four residences
- Each residence includes 3 bedrooms and 2 bathrooms
- Private fenced backyard provided for every residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,478
Cap Rate
6.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$769,560
$769.6K
Cap Rate 7%
$549,686
$549.7K
Cap Rate 9%
$427,533
$427.5K
Market Conditions
NOI Build-Up for 4,400 SF
Gross rent
$61.8K $14.04/SF
− Vacancy
−$6.8K −$1.55/SF
EGI
$55.0K $12.49/SF
− OpEx
−$16.5K −$3.75/SF
NOI
$38.5K $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%
$769,560
Cap Rate 7%
$549,686
Cap Rate 9%
$427,533
Alternative Uses
Best Use
Multifamily LT 5
$549.7K
$481.0K – $641.3K
NOI $38,478 @ 7.0% cap · market cap 6.81%
Second Best
Apartment 5plus
$506.1K
$442.8K – $590.4K
NOI $35,426 @ 7.0% cap · market cap 6.27%
Theoretical Best
Hotel Hospitality
$3.31M
$2.90M – $3.87M
NOI $231,990 @ 7.0% cap · market cap 41.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
822
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Fully leased multifamily property with modern interiors, private fenced yards, and covered parking.
Where is this quadplex located?
The property is located at 7706 N 58th Ln Mission, TX.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: 4,400 SF two‑story quadplex with four residences; Each residence includes 3 bedrooms and 2 bathrooms; Private fenced backyard provided for every residence
