407 S MINNESOTA ROAD, MISSION, TX 78572
Homes for sale in Mission.
Homes for sale in 78572.
List Price$535,000
407 S Minnesota Road
Mission, TX 78572
Listing #461669
4,940
Square Feet
5
Number of Units
Multi-Unit Residential
Type
About This Property
Investment Opportunity: 5-Plex at 407 S Minnesota, Palmview, Mission This fully occupied 5-plex offers steady cash flow with 2-bed, 2-bath units. A solid, income-generating asset for investors seeking growth. All units are leased, ensuring immediate returns. The well-maintained property offers a tranquil environment with low tenant turnover, maximizing investment stability. Situated in a desirable area with easy access to local amenities, this 5-plex is an ideal addition to any real estate portfolio. Don't miss out on this income-producing property.
Property Features
Location Information
County
Hidalgo
Directions
To reach 407 S Minnesota Ave, Mission, TX 78572, follow these directions: Starting from Edinburg, TX: Head west on US-83 W toward Mission. Continue on US-83 W for approximately 15 miles. Approaching Mission: Take the exit toward Los Ebanos Rd from US-83 W. Merge onto Frontage Rd. Turn left onto Los Ebanos Rd. Final Steps: Continue on Los Ebanos Rd for about 1 mile. Turn right onto S Minnesota Ave. Your destination, 407 S Minnesota Ave, will be on the left.
Subdivision
Palmview West
Interior Features
Interior
Dryer, Microwave
Appliances
Electric Water Heater, Water Heater (Programmable thermostat), No Conveying Appliances
Heating
Central, Electric
Total Number of Units
5
Cooling
Central Air, Electric
Features
Other
Floors
Tile
Windows/Doors Description
Energy Feature (Solar Screen)
Laundry
Laundry Area
Exterior Features
Construction
Brick
Garage Spaces
0
Exterior
Other
Parking Spaces
0
Foundation
Slab
Fencing
Wood
Roof
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)
Water
Public
Energy Features
Thermostat
Utilities
Cable Available
Road Description
Paved
Parking Description
No Garage
School
Elementary School District
La Joya ISD
Middle School
Chavez
Elementary School
Leo
High School
Palmview H.S.
Additional Information
Property Type
RI
Units in Complex
5
Property SubType
Multi Family
Taxes
11356
Year Built
2004
Tax Year
2024
APN
P295200000000500
Square Feet Source
HidalgoCAD
Status
Active
Similar Listings
Mortgage Calculator
$2,496
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,927
Monthly Tax
$445
Monthly Insurance
$124
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