Multifamily Property in Mission,
906 E Tom Landry Street Mission, TX 78573
906 E Tom Landry Street, Mission, TX, 78573
Contact for pricing
For Sale
Contact for pricing
Multifamily property featuring 3,654 square feet in Mission, Texas.
Property Size3,654 SF
Price / SF$132.73
Days on Market169
Property Features for 906 E Tom Landry Street
General Information
- Standard status
- Active
- Size
- 3,654 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2022
Listing Agency
JSL Living Real Estate
Listed by
Jessica Saenz-Luna · License #0696073
Source
Crexi
Added: Jan 29 Checked: Jul 17 at 4:38 am
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 JSL Living Real Estate
Investment Insights
Based on property information with market context.
This multifamily property, located in Mission, Texas, offers an area of 3,654 square feet. It presents an opportunity for prospective buyers.
Key Highlights
- Year Built: 2022 (New Construction)
- Excellent Opportunity
- Go & Show
Local Financial Insights For Apartment 5plus
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 | $60.5k | $16.56 |
| − Vacancy | −$7.0k | −$1.92 |
| EGI | $53.5k | $14.64 |
| − OpEx | −$24.1k | −$6.59 |
| NOI | $29.4k | $8.05 |
3,654 SF · lease $16.56/SF/yr · vacancy 11.60% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$420.3K
$367.8K – $490.3K
NOI $29,420 @ 7.0% cap · market cap 6.07%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$2.75M
$2.41M – $3.21M
NOI $192,657 @ 7.0% cap · market cap 39.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Multifamily properties
Similar For Sale Nearby
FAQs
What type of property is this?
Multifamily property - Multifamily property featuring 3,654 square feet in Mission, Texas.
Where is this multifamily property located?
The property is located at 906 E Tom Landry Street Mission, TX.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Year Built: 2022 (New Construction); Excellent Opportunity; Go & Show
