707 Pedro St Mission, TX 78572
This exceptional investment opportunity presents a brand-new, four-unit apartment building located at 707 Pedro Street in Mission, Texas, 78572. Completed in 2024, this property offers a total of 4,188 square feet of living space spread across two buildings situated on a generous 10,798.088 square foot lot. The property is ideally positioned for convenient access to the expressway, shopping centers, and schools, making it an attractive option for tenants. As part of a well-maintained homeowner's association (HOA), this property benefits from shared maintenance and amenities, minimizing the burden of property upkeep for the owner. The asking price for this multifamily property is $535,000. This fourplex presents a compelling investment opportunity for those seeking a lucrative return or a builder looking for a prime location to expand their portfolio. The property's modern features, prime location, and the added benefit of HOA management make it a truly desirable investment. The property's new construction ensures minimal maintenance needs in the near future, maximizing potential rental income. This is a turnkey opportunity not to be missed.
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
Similar Nearby for Lease
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.