Well-Maintained Fourplex with
904 W Mahala Avenue Mission, TX 78573
904 W Mahala Avenue, Mission, TX, 78573
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For Sale
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Well-maintained fourplex in a gated community with private backyards, in-unit washers and dryers, and covered parking.
Property Size3,596 SF
Price / SF$126.53
Days on Market117
Property Features for 904 W Mahala Avenue
General Information
- Standard status
- Active
- Size
- 3,596 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2022
Listing agency
Effective Real Estate
(956) 445-9251
Listed by
Sharon Ochoa
Source
Crexi
Added: Mar 28 Updated: Jul 20 at 4:25PM Checked: Jul 21 at 5:20AM
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 Effective Real Estate
Investment Insights
Based on property information with market context.
This well-maintained fourplex offers spacious residential units with separate living and dining areas. Units include generously sized bedrooms, including a primary suite with a walk-in closet. Each unit has a private backyard and comes with major kitchen appliances, including a refrigerator and stove, as well as an in-unit washer and dryer. Parking is supported by two covered spaces per unit.
The property is located within a gated community in Mission, TX, at 904 W Mahala Avenue.
The building is configured as four separate dwelling units, each designed for everyday convenience with in-home laundry and functional kitchen amenities.
The property is located within a gated community in Mission, TX, at 904 W Mahala Avenue.
The building is configured as four separate dwelling units, each designed for everyday convenience with in-home laundry and functional kitchen amenities.
Key Highlights
- Fourplex built in 2022 in a gated community
- Each unit has a private backyard
- Each unit includes covered parking with two covered spaces per unit
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.5k | $14.04 |
| − Vacancy | −$5.6k | −$1.55 |
| EGI | $44.9k | $12.49 |
| − OpEx | −$13.5k | −$3.75 |
| NOI | $31.4k | $8.74 |
3,596 SF · lease $14.04/SF/yr · vacancy 11.02% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$449.2K
$393.1K – $524.1K
NOI $31,447 @ 7.0% cap · market cap 6.91%
Second Best
Apartment 5plus
$413.6K
$361.9K – $482.6K
NOI $28,953 @ 7.0% cap · market cap 6.36%
Theoretical Best
Hotel Hospitality
$2.71M
$2.37M – $3.16M
NOI $189,599 @ 7.0% cap · market cap 41.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
What type of property is this?
Quadplex - Well-maintained fourplex in a gated community with private backyards, in-unit washers and dryers, and covered parking.
Where is this quadplex located?
The property is located at 904 W Mahala Avenue Mission, TX.
What is the asking price?
The asking price for this property is $455,000.
What are key features of this property?
This property features: Fourplex built in 2022 in a gated community; Each unit has a private backyard; Each unit includes covered parking with two covered spaces per unit
