MULTIFAMILYRADAR
9-Unit Multifamily in Mission, TX, photo 11 / 14
▼ 5% cutHigh yield
$525,000

9-Unit Multifamily in Mission, TX

TX · listed Jun 26, 2026 (124 days)

▼ Reduced 4.5% on Sep 28, 2026, was $550,000

Price per unit compared
This property$58K
Within ~40 mi (153)$86K
Texas median (1,029)$100K
$/unit
$58,333
▼ 42% vs TX · 13th pct
Cap rate
—
 
Gross yield
12.1%
 
Units
9
1 bldg · 2003

Financials

Asking price
$525,000
Price per unit
$58,333
Price per sq ft
$77
Gross rent / year
$63,540
Net operating income
Not stated
NOI per unit
Not stated
Cap rate
Not stated
Gross yield
12.1%gross rent ÷ price
Occupancy
Not stated

As stated by the seller. Verify during due diligence.

Building

Units
9
Unit mix
each unit featuring 2 bedrooms and 1 bathroom
Buildings
1
Year built
2003
Building size
6,780 sq ft
Avg unit size
753 sq ft
Lot size
0.61 acres
Condition
Not stated

Deal terms

Owner financing
Not stated

Listing

Listed
Jun 26, 2026
Days on market
124 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Sep 28, 2026: $550K → $525K
Location
Approximate (~0.5 mi)
Listing #
1767

About this property

Investors, don't miss this opportunity in Mission, TX! This 9-unit multifamily property offers approximately 6,777 square feet of living space, with each unit featuring 2 bedrooms and 1 bathroom. The property has a strong rental history and generates approximately $63,540 in gross annual rental income.

Conveniently located near Mile 3 and Conway Avenue, tenants enjoy easy access to H-E-B, Walmart, restaurants, TruFit Athletic Club, and Veterans Memorial High School. Whether you're looking to expand your portfolio or secure a solid income-producing asset, this property offers strong potential in a prime Mission location.

Multifamily | 9 Units

Location

Approximate area. The exact address is shared on request.

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