Current Use by Public Records
- Apartment buildings
Property Details for 0 Mile 2 Rd
- Year built
- 2024
- Lot size
- 14.93 lot acres
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional investment opportunity presents a newly constructed fourplex located at .5 E Mile 2 Road, Mission, TX 78574. Situated on a spacious 14.934-acre lot within a secure, gated subdivision boasting 47 lots, this property offers significant potential for strong rental income. The complex comprises two buildings, each housing a portion of the four units. Constructed in 2024, the buildings feature high-quality, low-maintenance 30-year composition shingles, ensuring long-term durability and minimizing upkeep costs. The desirable location within the gated community provides a secure and attractive environment for tenants, promising high occupancy rates. The asking price for this turnkey investment is $525,000. This represents a rare chance to acquire a modern, well-designed multifamily property in a prime location, offering both immediate income generation and significant long-term appreciation potential. The property's size and location within a controlled environment make it an ideal investment for both seasoned and new investors seeking a stable and profitable venture in the thriving Mission, Texas market. Don't miss this opportunity to secure a piece of this exclusive community.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mission
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.2976
- Latitude
- 26.2408
