2000 Circle Dr Mission, TX 78572
- Small apartment buildings
Current Use by Public Records
- TV Mounting Service Mission McAllen / Home Cinema Installation
- Giftax Multiservices / Tax Preparation Service / Tax Preparation
- Roofing Siding Pro / Roofing Contractor
Property Details for 2000 Circle Dr
- Year built
- 2006
- Property type
- Small apartment buildings
Description
This exceptional three-unit apartment building presents a compelling investment opportunity in the desirable Mission, Texas market. Built in 2006, the property sits on a generous 8,451 square foot lot and comprises a single building. The unit mix offers a diverse tenant base with two two-bedroom, two-bathroom units and one one-bedroom, one-bathroom unit, ensuring consistent rental income. Currently 100% leased, this triplex provides immediate cash flow for the savvy investor. Located in a highly sought-after neighborhood, the property enjoys proximity to parks, excellent schools, and convenient access to the expressway, making it highly attractive to renters. The area's former association with a golf course community adds to its appeal, with a nearby tennis court and scenic bike trails enhancing the lifestyle. This property offers a 7% capitalization rate, making it a strong addition to any investment portfolio. The address is 2000 Circle Drive, Mission, TX 78572. This is a turnkey investment ready for immediate income generation. The property's location in Hidalgo County provides access to a thriving community and strong rental market. Don't miss this chance to acquire a well-maintained, income-producing asset in a prime location.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mission
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.3520355
- Latitude
- 26.1973819
