1 / 2110-Unit Multifamily in Mission, TX
TX · listed Mar 14, 2025 (593 days)
▼ Reduced 0.1% on Aug 24, 2026, was $1,079,000
- $/unit
- $107,800
- ▲ 8% vs TX · 54th pct
- Cap rate
- —
- Gross yield
- 11.8%
- Units
- 10
- 3 bldg · 2003
Financials
- Asking price
- $1,078,000
- Price per unit
- $107,800
- Price per sq ft
- $130
- Gross rent / year
- $126,900
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- 11.8%gross rent ÷ price
- Occupancy
- 100%
As stated by the seller. Verify during due diligence.
Building
- Units
- 10
- Unit mix
- Not stated
- Buildings
- 3
- Year built
- 2003
- Building size
- 8,296 sq ft
- Avg unit size
- 830 sq ft
- Lot size
- 0.86 acres
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Mar 14, 2025
- Days on market
- 593 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Aug 24, 2026: $1.08M → $1.08M
- Location
- Approximate (~0.5 mi)
- Listing #
- 1379
About this property
This is an excellent investment opportunity featuring nine fully leased residential units and a fully leased drive-thru. The property generates stable cash flow with total monthly income of $10575 and a Net Operating Income of $126900 per year. There is one water meter for all units and the drive-thru, simplifying utility management, while tenants pay their own electricity. The units include kitchen appliances, making this a turnkey property. Conveniently located at (address on request), Mission, TX, in a high-demand rental area, this property is ideal for investors seeking a low-maintenance, income-generating asset. Fully leased properties like this are rare in the market, so act quickly.
Multifamily | 10 Units
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Mission, TXStabilized | $650K | $108K$108K | 6% |
 Alton, TXNew construction | $565K | $113K$113K | — |
 Alton, TX | $560K | $112K$112K | — |
 Alton, TX | $565K | $113K$113K | — |
 Alton, TX | $1.32M | $95K$95K | — |
 Mission, TXStabilized | $549K | $78K$78K | — |