116 E 13TH STREET, MISSION, TX 78572
Homes for sale in Mission.
Homes for sale in 78572.
116 E 13th Street
Mission, TX 78572
List Price$330,000
Listing #473676
2,797
Square Feet
5
Number of Units
Multi-Unit Residential
Type
About This Property
This is an exceptional chance to acquire stable, 5-unit apartment building in Mission, Texas--a city experiencing explosive growth and growing demand for rentals. Strategically located just one block off North Conway Ave., this property has a consistently high occupancy rate due to its proximity to employment and schools. Additionally, this expansive +/- 0.26 acre lot provides an incredible opportunity to add another apartment building, effectively allowing you to double your income. With its unbeatable location, excellent price, and significant upside potential, this property is a smart acquisition for a new investor or to an existing portfolio.
Property Features
Location Information
County
Hidalgo
Directions
Driving on Expressway 83 from McAllen take exit towards Conway Ave, at the light turn right onto Conway Ave, drive North for about 4 miles to 13th St, turn right onto E 13th St. Your destination will be on the right.
Subdivision
Mission Original Townsite
Interior Features
Interior
None
Laundry
Laundry Closet
Heating
Central
Appliances
Electric Water Heater, No Conveying Appliances, Other
Cooling
Central Air, Window Unit(s)
Total Number of Units
5
Floors
Tile
Features
None
Exterior Features
Construction
Brick, Siding
Parking Spaces
0
Foundation
Slab
Fencing
None
Roof
Shingle
Lot Size in Acres
0.258
Possession
Closing and Funding
Lot Size in Sq. Ft.
11,251
Septic or Sewer
City Sewer
Buildings
Outbuilding (None)
Water
Public
Energy Features
None
Parking Description
No Carport, No Garage
Road Description
Paved
Garage Spaces
0
School
Elementary School District
Mission ISD
Middle School
Mission Junior High
Elementary School
Bryan
High School
Veterans Memorial H.S.
Additional Information
Property Type
RI
Units in Complex
1
Property SubType
Multi Family
Taxes
3748
Year Built
1975
Tax Year
2024
APN
M520000201001100
Square Feet Source
HidalgoCAD
Status
Active
Similar Listings
Mortgage Calculator
$1,541
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,189
Monthly Tax
$275
Monthly Insurance
$77
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Real Estate IDX Powered by iHomefinder