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Mission, TX Fourplex Opportunity

901 W 8th Street Mission, TX 78572

901 W 8th Street, Mission, TX, 78572

$495,000

For Sale

$495,000

MULTI_FAMILY - Mission, TX

Property Size3,760 SF

Lot Size0.26 Acres

Price / SF$131.65

AddedApr 13

Days on Market93

Last RefreshJul 14 at 4:06 pm

Property Features for 901 W 8th Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Parking: 8
Parking features: Garage
Patio and Porch features: Patio
Exterior features: Sprinkler System
Fencing: Privacy
Appliances: Electric Water Heater, Water Heater (Laundry Room), Smooth Electric Cooktop, Dryer, Microwave, Oven-Single, Stove/Range-Electric Smooth, Washer
Standard status: Active
APN: Hidden Hills Estate Subdivision Lot 21
Size: 3,760 SF
Lot size: 0.26 Acres

Taxes and HOA fees

Tax Year: 2024
Tax Annual Amount: 2995

Utilities

Heating system: Central, Electric (Heating)
Cooling system: Central Air, Electric
Water source: Public

Building Details

Year built: 2024
Floors in Building: 1
Number of units: 4
Building materials: Brick, Siding
Roof type: Composition

Listing agent Gregory A Vasquez

Listing office BIG Realty 4847 S Jackson Rd., Pharr, TX

Listing date Apr 13, 2026

MLS# 491440 Listing URL

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 fourplex is located in Mission, TX. The property offers 4246 square feet of total living space. It is part of a well-maintained HOA property, ensuring shared maintenance and amenities. The location provides accessibility to the expressway, shopping centers, and schools. The property contains 3760 square feet and is situated on a lot of 0.2576 acres.

Key Highlights

Brand‑new 4‑plex in Mission, TX built in 2024
4246 SF total living space
Central heating with central air cooling

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$52.8k	$14.04
− Vacancy	−$5.8k	−$1.55
EGI	$47.0k	$12.49
− OpEx	−$14.1k	−$3.75
NOI	$32.9k	$8.74

3,760 SF · lease $14.04/SF/yr · vacancy 11.02% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$469.7K

$411.0K – $548.0K (±1% cap)

NOI $32,881 @ 7.0% cap · market cap 6.64%

Second Best

Apartment 5plus

$432.5K

$378.4K – $504.6K (±1% cap)

NOI $30,274 @ 7.0% cap · market cap 6.12%

Theoretical Best

Hotel Hospitality

$2.83M

$2.48M – $3.30M (±1% cap)

NOI $198,246 @ 7.0% cap · market cap 40.05%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

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