905 Hidden Hills Street, Mission, TX 78572
New construction fourplex with modern design and open-concept living.
- Added:
- Jul 24, 2024
- Days on Market:
- 688
- Last Refresh:
- May 13 at 8:23 pm
Property Features for 905 Hidden Hills Street
General Information
- Standard status
- Active
- Size
- 4,210 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2023
Listing agent Dendea Balli License #TREC # 0598310
Listing office Keller Williams Realty RGV
Listing date Jul 24, 2024
Source Crexi
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 Keller Williams Realty RGV
HighLights
- Brand‑new construction (2023)
- Fourplex with two buildings and four units total
- Modern design with open‑concept living
- Quartz counters enhance the modern kitchens
- Tile flooring throughout
- Includes both 2/2 (939 sqft) and 3/2 (1,181 sqft) units
Overview
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 | $59.1k | $14.04 |
| − Vacancy | −$6.5k | −$1.55 |
| EGI | $52.6k | $12.49 |
| − OpEx | −$15.8k | −$3.75 |
| NOI | $36.8k | $8.74 |
Alternative Uses
Current Use by Public Records
Map
- City
- Mission
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.3913
- Latitude
- 26.3187
