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    2011 Bracey Ave Mission, TX 78572

    For Sale
    $375,000

    Four-unit apartment building, excellent rental history.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents a four-unit apartment building located at 2011 Bracey Avenue in Mission, Texas, 78572. Built in 2004, the property sits on a generous 8,559.976 square foot lot and comprises two buildings. Each of the four units boasts approximately 1000 square feet of living space, featuring two bedrooms and two bathrooms. The apartments are well-maintained and offer desirable amenities including refrigerators, stoves, washer/dryer connections, tile floors (with carpet in the bedrooms), private patios, and covered parking. Individual water and electric meters are installed for each unit, along with a separate meter for the sprinkler system. The property benefits from its location within a small, quiet, and secluded subdivision, yet remains conveniently close to shopping and dining options. The highly-rated Sharyland school district serves the area, with Shary High School less than a mile away (.7 miles to be exact). The property's excellent rental history makes it an attractive investment prospect with strong potential for continued income generation. This is a turnkey opportunity for an investor seeking a well-maintained, income-producing multifamily property in a desirable location.

    Property Features for 2011 Bracey Ave

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    2004
    Buildings
    2
    Units
    4

    HighLights

    • $375,000 asking price.
    • Four‑unit multifamily apartment building.
    • Built in 2004, two buildings on an 8,560 sq ft lot.
    • Each unit is approximately 1000 sq ft, features two bedrooms and two baths, refrigerator, stove, and W/D connections.
    • Units have private patios, covered parking, and individual water and electric meters.
    • Located in Mission, TX (78572), near shopping, restaurants, and Sharyland Schools (less than a mile to Shary High School).
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Map

    City
    Mission
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.3745717
    Latitude
    26.1988865

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    FAQs

    What type of property is this?
    Multifamily property - Four-unit apartment building, excellent rental history.
    Where is this multifamily property located?
    The property is located at 2011 Bracey Ave Mission, TX.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: $375,000 asking price.; Four-unit multifamily apartment building.; Built in 2004, two buildings on an 8,560 sq ft lot.
    Request Owner's contact information
    2011 Bracey Ave 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
    2011 Bracey Ave Mission, TX 78572
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