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    2007 Angus St Mission, TX 78572

    For Sale
    $445,000

    Four-unit apartment building, excellent cash flow.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional fourplex investment opportunity in Mission, Texas, presents a compelling proposition for discerning investors. Located at 2007 Angus Street, this property boasts four spacious units, each featuring three bedrooms and two bathrooms. Built in 2000, the property is well-maintained and currently enjoys 100% occupancy, generating immediate and consistent cash flow. The four units are all fully leased, minimizing vacancy concerns and maximizing return on investment. Situated on a sizable 11,661.01 square foot lot, the property offers ample space and potential for future development or expansion. Its strategic location provides convenient access to key amenities, including shopping centers, restaurants, and public transportation, enhancing its appeal to tenants. The inclusion of water in the rental price further adds to the property's attractiveness and contributes to its strong tenant retention. The property's strong rental demand and turnkey nature promise solid returns and significant long-term growth potential in a thriving market. This is a rare opportunity to acquire a lucrative multifamily asset in a desirable location, offering both immediate income and substantial future appreciation. The asking price is $445,000.

    Property Features for 2007 Angus St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    2000
    Buildings
    4
    Units
    4

    HighLights

    • $445,000 asking price for a fourplex in Mission, TX.
    • Four‑unit apartment building, built in 2000.
    • Each unit features three bedrooms and two bathrooms.
    • 11,661 square foot lot.
    • Located in Mission, TX, 78572, offering easy access to shopping and transportation.
    • Currently fully leased, providing immediate cash flow.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Purpose Creations Clothing Alteration Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -98.2930841
    Latitude
    26.2097308

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    FAQs

    What type of property is this?
    Multifamily property - Four-unit apartment building, excellent cash flow.
    Where is this multifamily property located?
    The property is located at 2007 Angus St Mission, TX.
    What is the asking price?
    The asking price for this property is $445,000.
    What are key features of this property?
    This property features: $445,000 asking price for a fourplex in Mission, TX.; Four-unit apartment building, built in 2000.; Each unit features three bedrooms and two bathrooms.
    Request Owner's contact information
    2007 Angus 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
    2007 Angus St Mission, TX 78572
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