5804 Notre Dame Ave Mission, TX 78504
This exceptional 2024-built four-unit apartment building presents a compelling investment opportunity in McAllen, Texas, specifically within the desirable Hills at Sharyland Subdivision. Situated on a spacious 10,819 square foot lot, the property comprises one building housing four units. Two units boast two bedrooms and two bathrooms each, while the remaining two offer three bedrooms and two bathrooms apiece. Each unit is equipped with a refrigerator, stove, microwave, washer, and dryer, providing immediate convenience for tenants. The open floor plans, abundant natural light from large windows, and designated parking further enhance the appeal. The property's strategic location offers proximity to schools, shopping centers, and recreational facilities, ensuring high tenant demand and strong rental income potential. The asking price is $500,000, and financing options may include a construction loan or a 20% down payment. This property is ideal for investors seeking a turnkey multifamily investment in a thriving Texas market. The interiors are customizable, allowing for personalized touches to maximize rental returns. This is a rare opportunity to acquire a newly constructed, well-appointed multifamily property in a highly sought-after location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.