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    4002 Inspiration Rd Mission, TX 78573

    For Sale
    $475,000

    Four-unit apartment building, excellent location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional investment opportunity presents a four-unit apartment building ideally situated in Mission, Texas, at 4002 N Inspiration Road, zip code 78573. Built in 2013, this property boasts a substantial lot size of nearly 9,260 square feet. The single building comprises four individual apartment units, making it an attractive option for investors seeking a multifamily property with manageable scale. Located in Hidalgo County, the property benefits from its convenient access to N Inspiration Road, offering residents and potential tenants easy access to local amenities and transportation routes. The asking price for this turnkey investment is $475,000. The property's 2013 construction suggests relatively low maintenance needs in the near term, contributing to its potential for strong returns. This fourplex presents a compelling opportunity for investors looking to enter or expand their portfolio within the thriving Mission, Texas market. The property's size and location make it an ideal investment for both seasoned and new investors seeking a stable and potentially high-yielding asset. Detailed financial information is available upon request. This property is ready for immediate occupancy and income generation.

    Property Features for 4002 Inspiration Rd

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    2013
    Buildings
    1
    Units
    4

    HighLights

    • Four‑unit apartment building in Mission, TX (78573) at 4002 N Inspiration Road.
    • Built in 2013 on a nearly 9,260 sq ft lot.
    • Turnkey investment opportunity for $475,000.
    • Convenient access to N Inspiration Road and local amenities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Accounting Firm Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Mission
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.3429309
    Latitude
    26.2569121

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    FAQs

    What type of property is this?
    Multifamily property - Four-unit apartment building, excellent location.
    Where is this multifamily property located?
    The property is located at 4002 Inspiration Rd Mission, TX.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: Four-unit apartment building in Mission, TX (78573) at 4002 N Inspiration Road.; Built in 2013 on a nearly 9,260 sq ft lot.; Turnkey investment opportunity for $475,000.
    Request Owner's contact information
    4002 Inspiration Rd Mission, TX 78573
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    Mission, TX 78573
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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
    4002 Inspiration Rd Mission, TX 78573
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