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    2805 Israel Ave Mission, TX 78572

    For Sale
    $535,000

    Brand-new, fully leased fourplex in Sunterra.

    Property size:
    4,319 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional investment opportunity presents a fully leased, four-unit apartment building situated in the desirable Sunterra subdivision of Mission, Texas. Constructed in 2023, this modern property boasts a total of 4,319 square feet across two buildings, situated on an expansive 11,326 square foot lot. Each of the four units offers a spacious and contemporary three-bedroom, two-bathroom layout, perfect for families or individuals. The units are equipped with stainless steel appliances, enhancing their appeal to tenants. The property's location provides convenient access to local amenities, schools, shopping, and recreational facilities, ensuring high occupancy rates and strong rental income. The asking price for this turnkey investment is $535,000, representing a compelling opportunity for investors seeking a high-quality, income-producing asset in a thriving Texas market. The property's new construction and consistent unit design contribute to streamlined management and reduced maintenance costs. This fully leased status minimizes vacancy risk and provides immediate cash flow. This is an ideal acquisition for investors seeking a stable and profitable addition to their portfolio. The property's location in Mission, TX, within Hidalgo County, zip code 78572, offers a strategic position within a growing community.

    Property Features for 2805 Israel Ave

    General Information

    Property type
    Multifamily properties
    Square Feet
    4,319 SF

    Building Details

    Year Built
    2023
    Buildings
    2
    Units
    4

    HighLights

    • Fully leased, four‑unit apartment building in Mission, TX's desirable Sunterra subdivision.
    • New construction (2023), totaling 4,319 square feet on an 11,326 square foot lot.
    • Four spacious 3 bed/2 bath units with stainless steel appliances.
    • Turnkey investment opportunity with an asking price of $535,000.
    • Excellent location offering convenient access to amenities, schools, and recreation, ensuring high occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    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 - Brand-new, fully leased fourplex in Sunterra.
    Where is this multifamily property located?
    The property is located at 2805 Israel Ave Mission, TX.
    What is the asking price?
    The asking price for this property is $535,000.
    What are key features of this property?
    This property features: Fully leased, four-unit apartment building in Mission, TX's desirable Sunterra subdivision.; New construction (2023), totaling 4,319 square feet on an 11,326 square foot lot.; Four spacious 3 bed/2 bath units with stainless steel appliances.
    Request Owner's contact information
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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
    2805 Israel Ave Mission, TX 78572
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