Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Trosper Rd Mission, TX 78572
    Property profile & analytics

    Trosper Rd Mission, TX 78572

    View on Map
    • Land
    • 31.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Trosper Rd

    Lot size
    31.00 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 31-acre property presents a unique investment opportunity in the desirable Mission, Texas area. Strategically located on Trosper Road, this land boasts convenient access to shopping centers, schools, and major transportation routes, offering both residential and agricultural potential. The property is uniquely situated, with approximately 34 acres (per the provided map) situated in the City of Mission, while the remaining northern portion falls within the city limits of Palmhurst. A detailed map illustrating this division is available online. All city utilities are readily available along Trosper Road, providing essential infrastructure for development. The property is currently exempt from agricultural taxation, resulting in reduced rollback assessments, a significant financial advantage for the buyer. This versatile land parcel offers a compelling combination of location, size, and utility access, making it ideal for a variety of uses, from residential development to agricultural pursuits. The asking price is $1,050,000. Further details regarding the property's zoning and potential uses are available upon request. Don't miss this chance to acquire a substantial piece of land in a thriving Texas community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Mission
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.3253
    Latitude
    26.2159

    Comparable in this City

    • Value Estimation by Request
      55.00 Acres

      000 Los Ebanos Rd

      Farms • 55.00 Acres
      000 Los Ebanos Rd, Mission, TX 78572
      View Details
    • Value Estimation by Request
      5.00 Acres

      7739 Chihuahua Rd

      Farms • 5.00 Acres
      7739 Chihuahua Rd, Mission, TX 78572
      View Details
    • Value Estimation by Request
      10.00 Acres

      Bentsen Palm Dr

      Farms • 10.00 Acres
      0 Bentsen Palm Dr, Mission, TX 78572
      View Details
    • Value Estimation by Request
      10.00 Acres

      La Homa Rd

      Farms • 10.00 Acres
      0 La Homa Rd, Mission, TX 78572
      View Details
    • Value Estimation by Request

      566 Palma Vis Dr

      Farms
      566 Palma Vis Dr, Palmview, TX 78572
      View Details
    • Value Estimation by Request

      1612 Military Rd

      Farms
      1612 Military Rd, Mission, TX 78572
      View Details

    Similar Nearby for Sale

    • $394,850

      Prime Palmview Commercial Land

      34,678 SF lot, excellent visibility.
      401 Palma Vis Dr, Palmview, TX 78572
      View Details
    • Contact for pricing

      25 Acre Tract in Mission

      25 acre tract of land available in Hidalgo County.
      W Texan Rd, Mission, TX 78572
      View Details
    • Contact for pricing

      30 Acre Tract in Hidalgo

      30 acre tract of land in Hidalgo County, Texas.
      W Iowa Rd, Mission, TX 78572
      View Details
    • Contact for pricing

      Hidalgo County Land Tract

      Approximately 10-acre land tract in Hidalgo County, Texas.
      E Texan Rd, Mission, TX 78572
      View Details
    • Contact for pricing

      14.70 Acre Hidalgo County Land

      14.70 acre tracts of land available in Hidalgo County.
      Abram 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
    • $112 SF/Yr
      80 SF

      Mission, TX Commercial Land & Office

      1.58-acre Office Space, Single Tenant
      2515 Colorado St, Mission, TX 78572
      View Details
    • $19 SF/Yr
      3,344 SF

      Palmview Restaurant Opportunity

      Fully equipped, high-traffic location
      121 Bentsen Palm Dr, Palmview, TX 78572
      View Details
    • $0.01 SF/Yr
      2,200 SF

      Mission Office Space: Prime Location

      Executive Office Suite, Ample Parking
      1601 Griffin Pkwy, Mission, TX 78572
      View Details
    • $0.17 SF/Yr
      217,800 SF

      Mission, TX Commercial Land

      5-Acre Commercial Lot, Excellent Location
      7739 Chihuahua Trl, Mission, TX 78572
      View Details
    • $28 SF/Yr
      1,183 SF

      Mission Commercial Plaza: Executive Office Space

      Prime Mission location, 1,183 sq ft, ample parking.
      608 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.
    Trosper Rd
    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
    Trosper Rd, 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!