6505 LIMA LANE, MISSION, TX 78574
Homes for sale in Mission.
Homes for sale in 78574.
6505 Lima Lane
Mission, TX 78574
List Price$360,000
Listing #458196
4,056
Square Feet
5
Number of Units
Multi-Unit Residential
Type
About This Property
**6505 Lima Lane** offers a fantastic investment opportunity as a five-unit multi-family apartment building. Positioned just off La Homa Road in the Mission-Alton area, this property consistently maintains full occupancy with a waitlist of prospective tenants. This demand is fueled by its affordable rental rates, making it highly sought-after in the local market. Additionally, the expansive lot provides great flexibility for future development, allowing options to add more rental units or even establish a commercial storefront along La Homa Road. Don't miss the chance to invest in a property with both immediate income potential and room for growth!
Property Features
Location Information
County
Hidalgo
Directions
From expressway, head north on La Homa Rd and turn east on Naranja Dr. and turn on Lima Lane.
Subdivision
La Homa Groves
Interior Features
Interior
Other
Laundry
Laundry Closet
Heating
Central
Appliances
Water Heater (Other), Dryer, Refrigerator, Stove/Range-Electric Coil, Washer
Cooling
Central Air
Total Number of Units
5
Floors
Tile
Features
Other
Exterior Features
Construction
Brick
Garage Spaces
10
Foundation
Slab
Parking Spaces
20
Roof
Composition Shingle
Fencing
None
Possession
Closing and Funding
Lot Size in Acres
0.505
Septic or Sewer
City Sewer
Lot Size in Sq. Ft.
21,999
Water
Public
Buildings
Outbuilding (None)
Parking Description
Other Garage or Carport
Energy Features
None
Has Garage
Yes
Road Description
Paved
School
Elementary School District
Mission ISD
Middle School
Memorial
Elementary School
Kika De la Garza
High School
Mission H.S.
Additional Information
Property Type
RI
Units in Complex
5
Property SubType
Multi Family
Taxes
6210
Year Built
2008
Tax Year
2019
APN
L106903000007700
Square Feet Source
HidalgoCAD
Status
Active
Similar Listings
Mortgage Calculator
$1,681
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,297
Monthly Tax
$300
Monthly Insurance
$84
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
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