406 S FM 492, MISSION, TX 78572
Homes for sale in Mission.
Homes for sale in 78572.
406 S Fm 492
Mission, TX 78572
List Price$549,000
Listing #458470
5,544
Square Feet
6
Number of Units
Multi-Unit Residential
Type
About This Property
Discover an incredible investment opportunity with this rare 6-plex in the Rio Grande Valley! Each of the six units offers 2 bedrooms and 1 bathroom, currently rented to long-term tenants at $750 per month. With rents unchanged for some time, there's exciting potential to increase income, making this property even more appealing. Location is everything, and this property delivers! Situated just seconds from Highway 83, you'll enjoy easy access to major areas. Plus, it's within walking distance to Flores Elementary, making it a desirable spot for families. A 6-plex is a rare find in the RGV, and this one is perfect for investors seeking steady income with room to grow. Don't miss out on this fantastic opportunity to own a multi-unit property in a prime location!
Property Features
Location Information
County
Hidalgo
Directions
Google "Flores Elementary" at 1913 Roque Salinas Rd, Mission, TX 78572 and property will be just in front of it. Less than a block away from the expressway.
Subdivision
Flores Heights
Interior Features
Interior
Other
Laundry
None
Heating
Central, Electric
Appliances
Water Heater (Other), No Conveying Appliances
Cooling
Central Air, Electric
Total Number of Units
6
Floors
Other
Features
None
Exterior Features
Construction
Brick
Fencing
Chain Link
Foundation
Slab
Lot Description
Corner Lot
Roof
Composition Shingle
Lot Size in Acres
0.5
Possession
Closing and Funding
Lot Size in Sq. Ft.
21,780
Septic or Sewer
City Sewer
Buildings
Outbuilding (None)
Parking Description
No Garage
Energy Features
Other
Garage Spaces
0
Road Description
Paved
Parking Spaces
0
School
Elementary School District
La Joya ISD
Middle School
Richards
Elementary School
Flores
High School
Palmview H.S.
Additional Information
Property Type
RI
Units in Complex
1
Property SubType
Multi Family
Taxes
11033
Year Built
1997
Tax Year
2024
APN
F463001000000100
Square Feet Source
HidalgoCAD
Status
Active
Similar Listings
Mortgage Calculator
$2,563
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,978
Monthly Tax
$457
Monthly Insurance
$128
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