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$1,095,000
8,296 SqFt
Active
1921 Main AVE Mission, TX 78573
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Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 8,296 sqft
Subdivision Inspiration Heights
MLS Listing ID 465147
HOA Y/N No
Year Built 2003
Annual Tax Amount $20,254
Tax Year 2025
Lot Size 0.862 Acres
Acres 0.8623
Property Sub-Type Commercial
Source Greater McAllen
Property Description
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 $10,600 and a Net Operating Income of $105,600 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 1921 Maine Ave, 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.
Location
State TX
County Hidalgo
Zoning C
Interior
Heating Central
Cooling Central Air
Flooring Tile
Appliance Electric Water Heater
Exterior
Garage Spaces 4.0
View Y/N No
Roof Type Other
Total Parking Spaces 4
Garage Yes
Building
Lot Description See Remarks
Faces Take expressway 83 and exit on N Inspiration Rd then right onto Main Ave property on your left.
Story 1
Structure Type Block,Stucco
New Construction No
Others
Tax ID I404500000000800
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