Property summary
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
VerifiedCap rate & NOI
Current use
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Electrical Service General Contractor
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Tax Preparation
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Roofing Company General Contractor
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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