911 N Los Ebanos RD, Mission, TX 78572
911 N Los Ebanos RD, Mission, TX 78572
911 N Los Ebanos RD, Mission, TX 78572
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Listed by BorderTown Realty, LLC
$1,225,000
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13,516 SqFt
Pending

911 N Los Ebanos RD Mission, TX 78572

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Armando Hernandez

Armando Hernandez

+1(956) 280-3089

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 13,516 sqft

Subdivision Mission Acres

MLS Listing ID 494445

HOA Y/N No

Year Built 2002

Annual Tax Amount $22,180

Tax Year 2023

Lot Size 0.858 Acres

Acres 0.8575

Property Sub-Type Multi Family

Source Greater McAllen

Property Description

Exceptional investment opportunity featuring a well-maintained 21-unit apartment complex with 20 units occupied, providing immediate and stable cash flow from day one. The property is designed for efficiency and low management, with each unit separately metered for both electricity and water, allowing tenants to pay their own utilities and significantly reducing owner expenses. Many of the tenants are long-term residents, contributing to a stable and reliable rental history with minimal turnover. Key capital improvements have already been taken care of, including a roof replacement completed in 2020, adding long-term value and reducing future maintenance concerns. Tenants are responsible for supplying their own kitchen appliances, further lowering owner costs and ongoing maintenance obligations. This is an attractive, low-maintenance asset with strong net operating income potential, ideal for investors seeking a stabilized multifamily property with strong occupancy and immediate income

Location

State TX

County Hidalgo

Community Sidewalks, Street Lights

Rooms

Other Rooms Outbuilding (None)

Interior

Interior Features None

Heating Central, Electric

Cooling Central Air, Electric

Flooring Tile

Appliance Electric Water Heater, No Conveying Appliances

Laundry Laundry Area

Exterior

Exterior Feature None

Fence Chain Link

Community Features Sidewalks, Street Lights

View Y/N No

Roof Type Shingle

Garage No

Building

Lot Description Sidewalks

Faces take Expressway 83 to Mission. Get off on Business 83 exit. take a right on Business 83 and then a left on Los Ebanos Rd.

Story 1

Foundation Slab

Sewer City Sewer

Water Public

Structure Type Brick

New Construction No

Schools

Elementary Schools Marcell

Middle Schools White Junior High

High Schools Mission H.S.

Others

Tax ID M490000000002000

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Armando Hernandez

Armando Hernandez

Broker | License ID: 2038836

+1(956) 280-3089

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911 N Los Ebanos RD