12-Unit Multifamily in Mission, TX
TX · listed May 7, 2026 (174 days)
- $/unit
- $81,250
- ▼ 19% vs TX · 32nd pct
- Cap rate
- —
- Gross yield
- —
- Units
- 12
- 2 bldg · 2003
Financials
- Asking price
- $975,000
- Price per unit
- $81,250
- Price per sq ft
- $116
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 12
- Unit mix
- Not stated
- Buildings
- 2
- Year built
- 2003
- Building size
- 8,391 sq ft
- Avg unit size
- 699 sq ft
- Lot size
- 1.01 acres
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- May 7, 2026
- Days on market
- 174 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1641
About this property
Prime investment opportunity in the growing Mission area of the Rio Grande Valley! This 12-unit apartment complex sits on a spacious 1-acre corner lot at La Homa Rd and Coby Dr, featuring two well-maintained six-unit buildings. With consistently high occupancy and minimal tenant turnover, this property offers stable, reliable cash flow from day one. Located in a high-demand area experiencing rapid growth and increased developer interest, this asset is well-positioned for future appreciation. Its strong rental performance, strategic location, and upside potential make it an excellent addition to any portfolio—ideal for both new and seasoned investors seeking long-term value and income stability.
Multifamily | 12 Units
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Mission, TXNew | $1.27M | $142K$142K | — |
Mission, TX▼ 1% cutStabilized | $1.08M | $108K$108K | 11.8%gy |
Mission, TXStabilized | $650K | $108K$108K | 6% |
Alton, TX | $565K | $113K$113K | — |
Mission, TXStabilized | $549K | $78K$78K | — |
Mission, TX▼ 6% cut | $515K | $57K$57K | — |





