3703 Chapa Ave Mission, TX 78574
This exceptional investment opportunity presents a brand-new, four-unit apartment building located at 3703 Chapa Avenue in Palmview, Texas, 78574. Completed in 2024, this property sits on a generous 9,425.948 square foot lot within the desirable White Stone Subdivision. The building comprises two structures, each housing two spacious units. Each of the four units features two bedrooms and two bathrooms, offering modern and comfortable living spaces. High-end finishes and state-of-the-art appliances are included throughout. Ample parking is available for residents. The units boast large walk-in closets, providing substantial storage. This property offers the tranquility of suburban living while maintaining convenient access to urban amenities. The asking price for this turnkey investment is $495,000. This represents a unique opportunity to acquire a high-quality, newly constructed multifamily property in a sought-after Texas location. The property's excellent condition and desirable features make it an ideal investment for both seasoned and first-time investors seeking strong rental income potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.