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Mission, TX Fourplex Opportunity

905 W 8th Street Mission, TX 78572

905 W 8th Street, Mission, TX, 78572
$535,000
Pending
For Sale
Claim this Listing
$535,000
Pending

MULTI_FAMILY - Mission, TX

Property Size4,240 SF
Lot Size0.25 Acres
AddedApr 28
Days on Market78
Last RefreshJul 14 at 4:06 pm

Property Features for 905 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
Appliances
Electric Water Heater, Water Heater (Laundry Room), Smooth Electric Cooktop, Dryer, Microwave, Oven-Single, Stove/Range-Electric Smooth, Washer
Standard status
Pending
APN
Hidden Hills Estate Subdivision Lot 19
Size
4,240 SF
Lot size
0.25 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
17580

Utilities

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

Building Details

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

Listing agent Gregory A Vasquez

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

Listing date Apr 28, 2026

MLS# 502938 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.

Located in Mission, TX, this fourplex offers 4240 square feet of total living space. The property is part of a well-maintained HOA, providing shared maintenance and amenities. Its location near the expressway, shopping centers, and schools offers accessibility to essential amenities. This property is suitable for investors or builders.

Key Highlights

  • Hidden Hills Estate fourplex in Mission, TX, built in 2024
  • 4240 SF total living space
  • HOA community with shared maintenance and amenities

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 $59.5k $14.04
− Vacancy −$6.6k −$1.55
EGI $53.0k $12.49
− OpEx −$15.9k −$3.75
NOI $37.1k $8.74
4,240 SF · lease $14.04/SF/yr · vacancy 11.02% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$529.7K
$463.5K – $618.0K (±1% cap)
NOI $37,079 @ 7.0% cap · market cap 6.93%
Second Best
Apartment 5plus
$487.7K
$426.7K – $569.0K (±1% cap)
NOI $34,138 @ 7.0% cap · market cap 6.38%
Theoretical Best
Hotel Hospitality
$3.19M
$2.79M – $3.73M (±1% cap)
NOI $223,554 @ 7.0% cap · market cap 41.79%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Garden Center Carpet & Flooring Store (Bike/Boat/Book/etc) Store Electrical Service (Bike/Boat/Book/etc) Store Cosmetic Store Grocery & Convenience Store

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

FAQs

What type of property is this?
Quadplex - Fourplex in Mission, TX with modern features and prime location.
Where is this quadplex located?
The property is located at 905 W 8th Street Mission, TX.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: Hidden Hills Estate fourplex in Mission, TX, built in 2024; 4240 SF total living space; HOA community with shared maintenance and amenities
Contact an agent
More about this property
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