Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    902 Hidden Hl St Mission, TX 78572
    Back to Search
    Property profile & analytics

    902 Hidden Hl St Mission, TX 78572

    View on Map
    • Apartment buildings
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 902 Hidden Hl St

    Year built
    2023
    Property type
    Apartment buildings
    Property subtype
    Small apartment buildings

    Description

    This exceptional investment opportunity presents a pre-sale offering of a brand-new fourplex complex in Mission, Texas. Located conveniently near the downtown area, this property boasts four individual units within two buildings, all constructed in 2023. The asking price is $520,000. This represents a compelling chance to acquire a turnkey multifamily investment property in a thriving market. The property is situated at 902 Hidden Hills Street, Mission, TX 78572, within Hidalgo County. While the provided images are renderings and samples of finished units, they accurately reflect the high-quality construction and finishes to be expected. This is a rare opportunity to secure a new construction multifamily property before completion, allowing for potential customization and immediate rental income generation upon completion. The property's prime location near the downtown area ensures strong rental demand and potential for future appreciation. Don't miss this chance to add a high-yield asset to your portfolio. Contact us today to reserve your investment property.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mission
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.3371
    Latitude
    26.2137

    Comparable in this City

    • Value Estimation by Request

      905 Hidden Hl St

      Multifamily properties
      905 Hidden Hl St, Mission, TX 78572
      View Details
    • Value Estimation by Request
      3,808 SF

      1803 Ramirez St

      Multifamily properties • 3,808 SF
      1803 Ramirez St, La Joya, TX 78572
      View Details
    • Value Estimation by Request
      4,000 SF

      905 8Th St

      Multifamily properties • 4,000 SF
      905 8Th St, Mission, TX 78572
      View Details
    • Value Estimation by Request

      905 1St St

      Multifamily properties
      905 1St St, Mission, TX 78572
      View Details
    • Value Estimation by Request

      903 8Th St

      Multifamily properties
      903 8Th St, Mission, TX 78572
      View Details
    • Value Estimation by Request
      4,358 SF

      2107 Cassandra St

      Multifamily properties • 4,358 SF
      2107 Cassandra St, Mission, TX 78572
      View Details

    Similar Nearby for Sale

    • $650,000
      8,500 SF

      Mission, TX Apartment Complex

      10-unit apartment complex near Expressway 83 in Mission, TX.
      1205 Showers Rd, Mission, TX 78572
      View Details
    • $975,000
      8,927 SF

      Modern 12-Unit Apartment Complex

      New 12-unit apartment complex near Expressway I-2/Hwy 83.
      1306 Royola St, Palmview, TX 78572
      View Details
    • Contact for pricing
      35,750 SF

      Modern Gated Apartment Complex

      Gated apartment complex with pool, fitness center, playground. 100% occupied.
      2210 E 1St St, Mission, TX 78572
      View Details
    • $495,000
      8,038 SF

      Income-Producing Palmview 8-Plex

      Well-maintained 8-unit property with strong tenant demand in Palmview.
      3803 Clavel St, Palmview, TX 78572
      View Details
    • $535,000
      4,940 SF

      Mission, TX 5-Plex Investment

      Fully occupied 5-plex in Mission, TX with immediate returns.
      407 S Minnesota Rd, Mission, TX 78572
      View Details

    Similar Nearby for Lease

    • $8 SF/Yr
      2,830 SF

      Griffin Parkway Office Suite 207

      Prime Office Space, RGV Location
      1022 Griffin Pkwy, Mission, TX 78572
      View Details
    • Contact for pricing
      250,312 SF

      Mission Industrial Warehouse Space

      26,949-37,590 SF industrial warehouse suites available for lease.
      4101 West Military Hwy, Mission, TX 78572
      View Details
    • $17,000 /Mo
      10,062 SF

      Penitas Commercial Land For Rent

      Commercial land available for rent in Penitas, Texas.
      2400 Expressway 83, Penitas, TX 78572
      View Details
    • Contact for pricing

      Sharyland Office Space For Rent

      Class A office space in Sharyland Financial & Marketing Center.
      3605 Plantation Grove Blvd, Mission, TX 78572
      View Details
    • $3,600 /Mo
      3,000 SF

      Mission, TX Warehouse Opportunity

      Adaptable warehouse with highway visibility, ideal for various business uses.
      7804 W Us Hwy Business 83 St, Mission, TX 78572
      View Details
    • $2,750 /Mo
      1,183 SF

      Retail Space on Shary Road

      1,183 SF retail space in ready-to-use condition.
      608 N Shary Rd, Mission, TX 78572
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    902 Hidden Hl St
    Mission, TX 78572
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    902 Hidden Hl St, Mission, TX, 78572
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!