Mission Fourplex Investment
For Sale
$449,000
913 West Mahala Avenue, Mission, TX 78573
Well-maintained fourplex in Mission, TX with income potential.
Property Size3,720 SF
Price / SF$120.70
Days on Market310
Property Features for 913 West Mahala Avenue
General Information
Standard status
Active
Size
3,720 SF
Property subtype
Residential Income / Quadruplex
Taxes and HOA fees
Annual Taxes
$11,383
Amenities
Central Air
Central, Yes
Tile
Electric Water Heater, Refrigerator, Stove/Range-Electric Smooth
Yes
Laundry Closet, Washer/Dryer Connection
Ceiling Fan(s)
Slab
No
Shingle
Wood
Outbuilding (None)
Other
2
Property Owners' Assoc.
Brick
Building Details
Year Built
2023
Listing Agency:
Exp Realty Llc
Listed By:
Deyanira (Deya) G Cazares
(956) 215-0604
Source:
Compass
Added: Dec 28, 2025
Changed: Oct 25
Last Checked: Nov 1 at 8:56AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$32,531
Cap Rate
7.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$650,620
$650.6K
Cap Rate 7%
$464,729
$464.7K
Cap Rate 9%
$361,456
$361.5K
Market Conditions
NOI Build-Up for 3,720 SF
Gross rent
$52.2K $14.04/SF
− Vacancy
−$5.8K −$1.55/SF
EGI
$46.5K $12.49/SF
− OpEx
−$13.9K −$3.75/SF
NOI
$32.5K $8.74/SF
Area
Hidalgo County, TX
Vacancy
11.02%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$650,620
Cap Rate 7%
$464,729
Cap Rate 9%
$361,456
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
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 West 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
