1 / 96-Unit Multifamily in Mission, TX
Hidalgo County, TX · listed May 29, 2026 (152 days)
- $/unit
- $108,333
- ▲ 8% vs TX · 55th pct
- Cap rate
- 6%
- ▼ 1.3 pts vs TX median
- NOI
- $39K
- $6,443/unit/yr
- Units
- 6
- 2 bldg · 2019
Financials
- Asking price
- $650,000
- Price per unit
- $108,333
- Price per sq ft
- $120
- Gross rent / year
- Not stated
- Net operating income
- $38,655
- NOI per unit
- $6,443
- Cap rate
- 6%
- Gross yield
- Not stated
- Occupancy
- 100%
As stated by the seller. Verify during due diligence.
Building
- Units
- 6
- Unit mix
- 6 apartment units, each offering 2 bedrooms and 2 bathrooms
- Buildings
- 2
- Year built
- 2019
- Building size
- 5,400 sq ft
- Avg unit size
- 900 sq ft
- Lot size
- 0.5 acres
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- May 29, 2026
- Days on market
- 152 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1646
About this property
Investment Opportunity! Built in 2019, this modern 6-unit apartment property features six spacious 2-bedroom, 2-bathroom units designed for low maintenance and strong tenant appeal. Located in the growing Mile 5 and Inspiration Road area of Mission, these newer apartments face very limited competition from similar properties nearby, helping maintain consistently high demand. The property is currently 100% occupied, offering immediate cash flow and a proven rental history. A rare opportunity to own a newer multifamily asset in a strong rental market.
100% leased,6 units with very limited competition from similar properties nearby
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Mission, TX▼ 1% cutStabilized | $1.08M | $108K$108K | 11.8%gy |
 Alton, TXNew construction | $565K | $113K$113K | — |
 Alton, TX | $565K | $113K$113K | — |
 Alton, TX | $560K | $112K$112K | — |
 Mission, TXStabilized | $549K | $78K$78K | — |
 Alton, TX | $1.32M | $95K$95K | — |