8207 Silverado Dr Mission, TX 78574
- Apartment buildings
- 1.01 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 8207 Silverado Dr
- Year built
- 2016
- Lot size
- 1.01 lot acres
- Property type
- Apartment buildings
Description
This exceptional 5-unit apartment building presents a compelling investment opportunity in Mission, Texas. Constructed in 2016, this property boasts a prime location on a 1.014-acre corner lot at the intersection of La Homa Road and Silverado Circle. The building comprises a single structure housing five individual units, each featuring two bedrooms and one bathroom. All units are currently leased, providing immediate cash flow for the investor. Each unit comes equipped with a washer, dryer, stove, and refrigerator, enhancing tenant appeal and minimizing tenant turnover. The property's 2016 construction ensures modern amenities and minimal maintenance needs, contributing to a strong return on investment. The fully leased status minimizes vacancy concerns, offering a stable and predictable income stream. This turnkey investment is ideal for adding to an existing portfolio or for first-time commercial real estate investors seeking a profitable venture in a thriving Texas market. The asking price is $575,000. This property offers a rare combination of location, condition, and income potential, making it a truly attractive investment opportunity.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mission
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.3409
- Latitude
- 26.3464