Current Use by Public Records
- Apartment buildings
Property Details for 1913 Mile 2 Rd
- Year built
- 2000
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
Exceptional investment opportunity: This four-unit apartment building, located at 1913 W Mile 2 Road, Mission, TX 78574, presents a compelling opportunity for investors seeking consistent rental income. Built in 2000, this property boasts a total of 2,905 square feet across four units situated on a desirable .22-acre corner lot (9,449 sq ft). The building comprises two 2-bedroom, 1-bathroom units and two 1-bedroom, 1-bathroom units, each approximately 726.25 square feet. Currently generating a gross annual income of $25,200, this property offers a strong return on investment. The property is conveniently located off Inspiration Road and the 2 Mile line. Utilities include four electricity meters and one water meter (City of Mission water source). Appliances (stoves and refrigerators) are included. Security features include smoke detectors. The property is fenced with chain link. Tax information is available under Tax Legal Description: T0940-03-000-0100-00. The zoning code is B1. This is a turnkey investment ready for immediate income generation. Asking price: $365,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mission
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.3463
- Latitude
- 26.2473
