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    906 Tom Landry St Mission, TX 78572

    Sponsored
    For Sale
    $530,000

    Two-unit apartment building, newly built.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional investment opportunity presents a fully leased, two-unit apartment building situated at 906 Tom Landry Street in Mission, Texas, 78572. Constructed in 2022, this property boasts two separate buildings on a spacious 17,687.10 square foot lot. Each unit offers a comfortable layout featuring two bedrooms and two full bathrooms. The property's prime location offers convenient access to a variety of amenities, including the 5x5 brewery, restaurants, and shopping centers. The strong rental income generated by the fully leased units makes this a highly attractive investment prospect for those seeking a stable and profitable return. The property's modern construction and desirable location ensure long-term value and potential for appreciation. With its excellent tenant occupancy and strategic location, this duplex presents a compelling opportunity for investors seeking a turnkey multifamily investment in the thriving Mission, Texas market. The property is ready for immediate income generation, offering a hassle-free entry point into the real estate market. This is a rare opportunity to acquire a well-maintained, high-performing asset in a sought-after location. The asking price is $530,000.

    Property Features for 906 Tom Landry St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    2022
    Buildings
    2
    Units
    2

    HighLights

    • Fully leased, two‑unit apartment building in Mission, TX.
    • New construction (2022) on a 17,687 sq ft lot.
    • Each unit features two bedrooms and two bathrooms.
    • Prime location near amenities including restaurants and shopping.
    • Strong rental income and high occupancy.
    • Asking price: $530,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Mission
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.3151105
    Latitude
    26.2141368

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    FAQs

    What type of property is this?
    Multifamily property - Two-unit apartment building, newly built.
    Where is this multifamily property located?
    The property is located at 906 Tom Landry St Mission, TX.
    What is the asking price?
    The asking price for this property is $530,000.
    What are key features of this property?
    This property features: Fully leased, two-unit apartment building in Mission, TX.; New construction (2022) on a 17,687 sq ft lot.; Each unit features two bedrooms and two bathrooms.
    Request Owner's contact information
    906 Tom Landry St Mission, TX 78572
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    Mission, TX 78572
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    906 Tom Landry St Mission, TX 78572
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