$435,100 Price Analysis    ♡   Mission, TX 78572 Unknown bed None bath 3,666 SqFt ($118/SqFt) 8,451SqFt lot. Built 2006 Listed 2024-05-31, Taxes $4,716 | Ⓧ USDA Ineligible due to location near Mission |
Discover a fantastic income-producing opportunity with this fully leased fourplex in Mission
TX! This property features two 2-bedroom, 2-bath units and two 1-bedroom, 1-bath units, providing diverse rental options for tenants. This outstanding investment opportunity is conveniently locted in a highly desirable neighborhood, close to nearby parks, excellent schools and the expressway, making it a prime location for residents.
Formerly part of a golf course community, the area boasts a tennis court and is minutes away from scenic bike trails. This property is currently 100% leased to committed t enants, offering qualified investors an opportunity that benefits from stable in-place cash flow. Benefit from a 7% Cap Rate.
Presented by Karen Carreno at
Pinnacle Realty Advisors.
Property MLS #439609 from McAllen
Ceiling Fan(s)
Crown/Cove Molding
Dryer
Microwave
Split Bedrooms
Walk-In Closet(s)
Washer
Flooring: Tile
Dryer
Refrigerator
Stove/Range
Washer
Laundry Features: Laundry Room
Heating Features: Central, Electric
Heating: Yes
Mature Trees
Other Structures: Outbuilding (None)
Road Surface Type: Paved
Lot Size Acres: 0.19401
Lot Size Square Feet: 8451
Number of Units In Community: 4
Number of Units: 4
Elementary School District: Mission ISD
High School: Mission H.S.
High School District: Mission ISD
Middle School: White Junior High
Middle or Junior School District: Mission ISD
Map directions Map directions Map directions Map directionsCalculated Total Monthly Association Fees: 0
Maintenance Expense: 600
Source Listing Status: Active
County: Hidalgo
Directions: Head west on expressway 83, take exit on Inspiration Rd. Take a left and drive south of inspiration for about 2 miles. Take a right on Circle Drive. Building will be on the left side.
Tax Year: 2023
Source Property Type: Residential Income
Insurance Expense: 2468
Source Neighborhood: Meadow Creek Condos At Meadow Creek
Parcel Number: M31721A000000300
Subdivision: Meadow Creek Condos At Meadow Creek
Property Subtype: Quadruplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $156,901 + $28,311 $185,212 | $4,716 |
| 2021 | $156,901 + $28,311 $185,212 | $4,788 |
| 2020 | $150,282 + $28,311 $178,593 | $4,693 |
| 2019 | $144,546 + $28,311 $172,857 | $4,603 |
| 2018 | $144,546 + $28,311 $172,857 | $4,716 |
| 2017 | $144,546 + $28,311 $172,857 | $4,746 |
| 2016 | $144,546 + $28,311 $172,857 | $4,794 |
| 2015 | $199,456 + $27,973 $227,429 | $6,334 |
| 2014 | $199,456 + $27,973 $227,429 | $6,296 |
| 2013 | $201,568 + $27,973 $229,541 | $6,229 |
| 2012 | $203,680 + $27,973 $231,653 | $6,240 |
| 2011 | $203,680 + $27,973 $231,653 | $6,259 |
| 2010 | $205,790 + $27,973 $233,763 | $6,353 |
| 2009 | $unknown + $unknown $235,830 | $6,170 |
| 2008 | $unknown + $unknown $237,942 | $6,225 |
| 2007 | $unknown + $unknown $222,456 | $5,285 |
$435,100
McAllen
Year Built: 2006
Building Area Total: 3666
Building Area Units: Square Feet
Construction Materials: Brick
Foundation Details: Slab
Living Area Source: HidalgoCAD
Living Area Units: Square Feet
Property Age: 18
Roof: Composition Shingle
Internet Access
Cable Available
Security Features: Smoke Detector(s)
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.