7006 56 Ln Palmhurst, TX 78573
This exceptional investment opportunity presents a fully rented four-unit apartment building situated on a 0.25-acre lot in Palmhurst, Texas, though zoned for Sharyland Schools. Built in 2021, this property comprises two buildings, each housing two units, offering immediate cash flow with all units currently leased. The asking price is $545,000, translating to $126.57 per square foot. Each unit boasts desirable features including tile flooring and all appliances. One unit stands out with an added dishwasher, a unique amenity not found in the others. The open floor plans contribute to the overall appeal and livability of the units. This turnkey investment is ideal for both seasoned investors looking to expand their portfolio and newcomers seeking a stable and potentially lucrative entry point into the real estate market. The property's location in Palmhurst, Texas, offers a compelling combination of convenience and growth potential. This is a rare opportunity to acquire a well-maintained, income-generating property with significant upside. The property's address is 7006 N 56th Lane, Mission, TX 78573.
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
Similar Nearby for Lease
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.