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Mission, TX Fourplex Investment

913 W Mahala Avenue Mission, TX 78573

913 W Mahala Avenue, Mission, TX, 78573
$449,000
For Sale
Claim this Listing
$449,000

MULTI_FAMILY - Mission, TX

Property Size3,720 SF
Lot Size0.21 Acres
Price / SF$120.70
AddedMay 22
Days on Market54
Last RefreshJul 14 at 4:06 pm

Property Features for 913 W Mahala Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking
8
Parking features
Other
Appliances
Electric Water Heater, Refrigerator, Stove/Range-Electric Smooth
Standard status
Active
APN
S765702000008300
Size
3,720 SF
Lot size
0.21 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
11383

Utilities

Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
2023
Floors in Building
1
Number of units
4
Building materials
Brick
Roof type
Shingle

Listing agent Deyanira (Deya) G Cazares

Listing office eXp Realty LLC 9600 Great Hills Trail #150w, Austin, TX

Listing date May 22, 2026

MLS# 504944 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, located in Mission, TX, presents an investment opportunity. The property contains four units, with three of the four units currently occupied. Each unit includes 2 bedrooms and 2 full bathrooms, along with a laundry closet, refrigerator, and stove. The units feature living areas and layouts. The property is located near schools, shopping, dining, and major roadways. The property is suitable for investors seeking to expand their portfolio or for owner-occupiers interested in generating rental income. The lot size is 0.2111 acres, and the property size is 3720 square feet.

Key Highlights

  • Strong income‑producing potential with 3 of 4 units currently occupied.
  • Each unit features 2 bedrooms and 2 full bathrooms.
  • Refrigerator and stove included in each 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 $52.2k $14.04
− Vacancy −$5.8k −$1.55
EGI $46.5k $12.49
− OpEx −$13.9k −$3.75
NOI $32.5k $8.74
3,720 SF · lease $14.04/SF/yr · vacancy 11.02% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$464.7K
$406.6K – $542.2K (±1% cap)
NOI $32,531 @ 7.0% cap · market cap 7.25%
Second Best
Apartment 5plus
$427.9K
$374.4K – $499.2K (±1% cap)
NOI $29,951 @ 7.0% cap · market cap 6.67%
Theoretical Best
Hotel Hospitality
$2.80M
$2.45M – $3.27M (±1% cap)
NOI $196,137 @ 7.0% cap · market cap 43.68%
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

Big Box & Wholesale Store Building Supply Electrical Service Kitchen & Bath Showroom HVAC Service Plumbing Service Garden Center Carpet & Flooring Store Dental Office Law Firm

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

FAQs

What type of property is this?
Quadplex - Well-maintained fourplex in Mission, TX with income potential.
Where is this quadplex located?
The property is located at 913 W Mahala Avenue Mission, TX.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Strong income‑producing potential with 3 of 4 units currently occupied.; Each unit features 2 bedrooms and 2 full bathrooms.; Refrigerator and stove included in each unit.
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