Mission Fourplex Investment
For Sale
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913 W Mahala Avenue, Mission, TX 78573
Well-maintained fourplex in Mission, TX with income potential.
Property Size3,720 SF
Price / SF$120.70
Days on Market78
Property Features for 913 W Mahala Avenue
General Information
Standard status
Active
Size
3,720 SF
Property subtype
Multifamily
Building Details
Year Built
2023
Listing Agency:
eXp Realty LLC
Listed By:
Deyanira (Deya) Cazares
Source:
Crexi
Added: May 20
Changed: Jul 10
Last Checked: Aug 5 at 12:12PM
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 eXp Realty LLC
Investment Insights
Based on property information with market context.
Located in Mission, this fourplex at 913 Mahala Ave presents an investment opportunity. The property contains four units, each featuring 2 bedrooms and 2 full bathrooms. Each unit includes a laundry closet, refrigerator, and stove. The units offer living areas and layouts. The property is located near schools, shopping, dining, and major roadways. Three of the four units are currently occupied. The property size is 3720 square feet.
Key Highlights
- Strong income‑producing fourplex with 3 of 4 units currently occupied
- Each unit features 2 bedrooms and 2 full bathrooms
- Includes in‑unit laundry closet, refrigerator, and stove
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
NOI $32,531 @ 7.0% cap · market cap 7.25%
Second Best
Apartment 5plus
$427.9K
$374.4K – $499.2K
NOI $29,951 @ 7.0% cap · market cap 6.67%
Theoretical Best
Hotel Hospitality
$2.80M
$2.45M – $3.27M
NOI $196,137 @ 7.0% cap · market cap 43.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
190
Businesses Nearby
Explore this area
Business Placement
Demographics for 78573, TX
42,229
Population
13,339
Households
3.2
Avg Household Size
29
Median Age
15%
College-Educated
63%
High-School Grad
36.7 sq mi
ZIP Area
1,151
Density / Sq Mi
$51,185
Median Household Income
$27,730
Median Earnings
$909
Median Rent
$154,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
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 fourplex with 3 of 4 units currently occupied; Each unit features 2 bedrooms and 2 full bathrooms; Includes in‑unit laundry closet, refrigerator, and stove
