Great investment opportunity located in a great location with 10 apartments on a month to month, long term tenants. All units are 2bedroom/1bath approximately 784 SF (according to HCAD) with all units leased at $650 generating $6,500 per month ($78,000 annually). If you are an investor looking to purchase a great income producing property, look no further! This property has been stabilized at 100% occupancy for years with an excellent rental history. Noteworthy, the subject site totals almost 1 Acre. Each unit is individually metered. You don't want to miss out on this great opportunity! Call today for information before this property is gone!
Multi-familyProperty Type
1991Year Built
0.83 acresLot Size
$103Price/Sq.Ft.
Listed by Mere Flores• Realty Executives Rgv
Bought with Juan Carpio• Keller Williams Realty Rgv
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
293 ft.
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (5+ Unit)
County
Hidalgo County
APN
R195400000000100
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on May 26, 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: 0
# of Garage Spaces: 0
Covered Spaces: 0
Carport Spaces: 0
Parking Features: No Garage
Interior
Interior Features
Flooring: Tile
Interior Features: Walk-In Closet(s)
Exterior
Exterior Features
Fencing: Chain Link
Roof: Composition Shingle
Lot Information
Lot Size Acres: 0.8302
Lot Size Dimensions: 123.34X293.20
Lot Size Area: 36,163.0764
Lot Size Units: Square Feet
Land Information
Water Source: Public
Property Information
Other Structures: Outbuilding (None)
Living Area Source: HidalgoCAD
Green Energy Efficient: Other
Appliances: Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer
Laundry Features: Laundry Area
Road Surface Type: Paved
Building Information
Building Area Total: 7,840
Building Area Units: Square Feet
Foundation Details: Slab
Construction Materials: Brick
Financial
Tax Information
Tax Legal Description: RENE & EDNA, LOT 1
Tax Year: 2022
Tax Annual Amount: $13,597
Financing Information
Escrow: 8000
Utilities
Utility Information
Sewer: Septic Tank
# of Separate Water Meters: 10
Heating & Cooling
Has Cooling
Has Heating
Cooling: Central Air, Electric
Heating: Central, Electric
Location
HOA Information
Association YN: No
School / Neighborhood
Elementary School: Camarena
Elementary School District: La Joya ISD
Middle Or Junior School: Memorial
Middle Or Junior School District: La Joya ISD
High School: Palmview H.S.
High School District: La Joya ISD
Location Details
Directions: Going West on Expressway exit Inspiration Road turn North on Inspiration, continue straight property will be on your right hand side. Red brick apartments.
Community Information
Community Features: Other
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: R195400000000100
Home facts updated by county records on May 26, 2023
Other
Listing Price Information
RATIO ListPrice By SQFT: 103.32
RATIO ListPrice By Original List Price: 1
RATIO List Price By ACRE: 975680.27
RATIO Current Price by Acres: 905816.74
RATIO Current Price By SQFT: 95.92
RATIO Close Price By SQFT: 95.92
RATIO Close Price By Original List Price: 0.9284
RATIO Close Price By List Price: 0.9284
RATIO Close Price By ACRE: 905816.74
Listing Information
Last Status: Pending
Buyer CC YN: Yes
Repairs YN: No
Non Allowables: No
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 • 0.1mi
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 • 78572
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.