000 Malaga Ln Mission, TX 78573
Exceptional 3.71-acre development opportunity in Mission, TX, priced at $300,000 ($80,000/acre). This prime parcel is ideally situated near Texas A&M University, making it perfect for student housing. Zoning allows for the construction of fourplexes or larger apartment buildings, catering to the high demand for student and local housing. The property is located within the highly-rated Sharyland School District, offering a significant advantage for potential residents. County taxes provide a potential cost savings. The location boasts convenient access to university amenities and local attractions. Further enhancing the area's appeal, a new HEB grocery store is planned at the corner of Ware and 107, and Ware Road is scheduled for expansion to six lanes, improving traffic flow and accessibility. This presents a compelling investment opportunity with significant potential for strong rental income and future appreciation. The property's address is 000 Malaga Lane, McAllen, TX 78573.
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
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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.