$335,500 Price Analysis    ♡   Mission, TX 78572 Unknown bed None bath 2,706 SqFt ($123/SqFt) 8,451SqFt lot. Built 2009 Listed 2024-05-31, Taxes $3,682 | Ⓧ USDA Ineligible due to location near Mission |
Discover a fantastic income-producing opportunity with this fully leased triplex in Mission
TX! This property features two 2-bedroom, 2-bath units and one 1-bedroom, 1-bath unit, providing diverse rental options for tenants. This outstanding investment opportunity is conveniently located 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 commtted tenants, 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 #439610 from McAllen
Ceiling Fan(s)
Decorative/High Ceilings
Dryer
Microwave
Split Bedrooms
Walk-In Closet(s)
Washer
Flooring: Tile
Window Features: Energy Features (Double Pane Windows)
Dryer
Refrigerator
Stove/Range
Washer
Laundry Features: Laundry Closet
Heating Features: Central, Electric
Heating: Yes
Other Structures: Outbuilding (None)
Road Surface Type: Paved
Lot Size Acres: 0.19401
Lot Size Square Feet: 8451
Number of Units In Community: 3
Number of Units: 3
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: 2207
Source Neighborhood: Meadow Creek Condos At Meadow Creek
Parcel Number: M31721A000000400
Subdivision: Meadow Creek Condos At Meadow Creek
Property Subtype: Triplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $116,301 + $28,311 $144,612 | $3,682 |
| 2021 | $116,301 + $28,311 $144,612 | $3,738 |
| 2020 | $112,013 + $28,311 $140,324 | $3,687 |
| 2019 | $110,260 + $28,311 $138,571 | $3,690 |
| 2018 | $110,260 + $28,311 $138,571 | $3,780 |
| 2017 | $109,345 + $28,311 $137,656 | $3,779 |
| 2016 | $109,345 + $28,311 $137,656 | $3,818 |
| 2015 | $149,603 + $27,973 $177,576 | $4,946 |
| 2014 | $149,603 + $27,973 $177,576 | $4,916 |
| 2013 | $151,153 + $27,973 $179,126 | $4,860 |
| 2012 | $152,702 + $27,973 $180,675 | $4,866 |
| 2011 | $154,249 + $27,973 $182,222 | $4,923 |
| 2010 | $154,249 + $27,973 $182,222 | $4,952 |
| 2009 | $unknown + $unknown $28,896 | $756 |
| 2008 | $unknown + $unknown $28,896 | $756 |
| 2007 | $unknown + $unknown $28,896 | $686 |
$335,500
McAllen
Year Built: 2009
Building Area Total: 2706
Building Area Units: Square Feet
Construction Materials: Brick
Foundation Details: Slab
Living Area Source: HidalgoCAD
Living Area Units: Square Feet
Property Age: 15
Roof: Composition Shingle
Cable Available
Water Source: Public
Security Features: Smoke Detector(s)
 |  |  |  |  |
 |  |  | ||
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.