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2000 Circle Dr Mission, TX 78572

OFF-MARKET Apartment buildings Google Maps
Built 2006
Estimated value
No estimation on file for this property yet.
Property ID US82-0939794

Property summary

AI-generated overview

This exceptional fourplex in Mission, Texas, presents a compelling investment opportunity. Priced at $435,100, this property boasts four units situated on a generous 8,451.076 square foot lot. Built in 2006, the single building comprises two 2-bedroom, 2-bathroom units and two 1-bedroom, 1-bathroom units, offering a diverse tenant base and rental income stream. Currently 100% leased, this investment provides immediate and stable cash flow, with a 7% cap rate. The property's prime location in a desirable Mission neighborhood offers easy access to parks, excellent schools, and the expressway, enhancing its appeal to renters. Its proximity to a former golf course community adds to its desirability, with nearby amenities including a tennis court and scenic bike trails. This turnkey investment is ideal for those seeking a strong return on investment in a thriving Texas market. The property's size and unit mix provide flexibility and potential for future appreciation. This is a rare opportunity to acquire a fully leased, income-generating property in a highly sought-after location.

Property profile

Verified
Property type Apartment buildings
Year built 2006
UPID US82-0939794

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Electrical Service General Contractor
  • Tax Preparation
  • Roofing Company General Contractor

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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