Great investment opportunity! 93 units total, (17) 1 BED 1 BA and (86) 2 BED 1 BA ,composed of several complexes with 4 addresses all next door to each other (1600, 1604, 1610, & 1612 Inspiration Rd). They're conveniently located 1 minute from Expressway! Units feature custom cabinets,all tile floors, covered designated parking, and a BBQ family area in each complex .Each unit conveys a refrigerator, stove, washer and dryer. They have a great rental income and excellent rental history, rarely vacant. Units are fully leased and have an office on site.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
123 ft.
Lot depth
303 ft.
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (5+ Unit)
County
Hidalgo County
APN
E004500000000100
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 8, 2023.
C - 2
Neighborhood Commercial District
The neighborhood commercial district is established for the following purposes: To provide sufficient space and off-street parking in appropriate locations in proximity to residential areas, for commercial development catering to the convenience shopping and service needs of the occupants of nearby residences.; To provide appropriate space for off-street parking to control congestion, and to encourage commercial development to concentrate to the mutual advantage of both consumers and merchants.; To protect local commercial development against fire, explosions, pollution, and environmental hazards.; To promote the most desirable use of land and direction of building development in accord with the comprehensive plan of the City of Mission; to promote stability of commercial development; to strengthen the economic base of the city; to protect the character of the district; to conserve the value of land and buildings; and to protect the city's tax base; To promote the most efficient use of city facilities and services.
Permitted uses
Include but are not limited to:
Dairy
Religious facility
Day care facility
Laundromat
General retail
Retail-Grocery
Medical office
Property details
Parking
Parking / Garage Information
# of Total Parking Spaces: 190
# of Garage Spaces: 190
Covered Spaces: 190
Has Garage
Parking Features: Other Garage or Carport
Interior
Interior Features
Flooring: Tile
Window Features: Energy Features (Double Pane Windows)
Interior Features: Ceiling Fan(s)
Unit Information
Unit Sq Ft: 0
Exterior
Exterior Features
Fencing: Other
Patio And Porch Features: Patio
Lot Information
Lot Size Acres: 4.7
Lot Size Area: 4.7
Lot Size Units: Acres
Lot Features: Sidewalks, Sprinkler System
Land Information
Water Source: Public
Property Information
New Construction: No
Other Structures: Office
Appliances: Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer
Security Features: Smoke Detector(s)
Road Surface Type: Paved
Building Information
Building Area Total: 72,972
Building Area Units: Square Feet
Foundation Details: Slab
Construction Materials: Brick
Financial
Tax Information
Tax Legal Description: TOLLE #2 2.00 OUT OF W 10.18 ACS A/K/A ASSR TRS 7 & 8 LT 22-1 2 AC GR 1.98AC NET , E & S LOT 1,E & S PH 2 LOT 1,TOLLE #2 0.51 AC-N125'-S282'-W353.2' L
Tax Year: 2017
Tax Annual Amount: $97,786
Lease / Rent Details Information
Licensed Supervisor: Ron Dunagan
Financing Information
Escrow: 1
Utilities
Utility Information
# of Separate Water Meters: 95
Heating & Cooling
Has Cooling
Has Heating
Cooling: Central Air, Electric
Heating: Central, Electric
Location
HOA Information
Association YN: No
School / Neighborhood
Elementary School: O'Grady
Elementary School District: Mission ISD
Middle Or Junior School: Mission Junior High
Middle Or Junior School District: Mission ISD
High School: Mission H.S.
High School District: Mission ISD
Location Details
Directions: From Expressway 83 heading west , Exit Inspiration Rd. Head north , units will be on right /east side
Geocode Confidence: Unknown
Community Information
Number Of Units In Community: 5
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Hidalgo County
APN: E004500000000100
Home facts updated by county records on Jun 8, 2023
Other
Listing Price Information
RATIO ListPrice By SQFT: 84.96
RATIO ListPrice By Original List Price: 1
RATIO List Price By ACRE: 1319148.94
RATIO Current Price by Acres: 1208510.64
RATIO Current Price By SQFT: 77.84
RATIO Close Price By SQFT: 77.84
RATIO Close Price By Original List Price: 0.91613
RATIO Close Price By List Price: 0.91613
RATIO Close Price By ACRE: 1208510.64
Listing Information
Transaction Type: Sale
Buyer CC YN: No
Repairs YN: No
Non Allowables: No
Non Realty Items: 0
Around this home
Schools
Ollie O'Grady Elementary School
Public PreK-5 • Assigned • 1.0mi
5/10
White Junior High School
Public 6-8 • Assigned • 0.8mi
6/10
Mission High School
Public 9-12 • Assigned • 0.2mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
9/10 Heat Factor
7 days above 111° expected this year, 22 days in 30 years
8/10 Wind Factor
94% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Mission, TX • 78573
Average low and high temperatures (°F)
71
51
81
58
88
65
87
70
94
75
97
79
96
78
100
79
95
77
92
71
86
65
78
60
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.6 hours in
June and 4 hours in December, placing it below the
U.S. average for solar exposure.