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307 N Moorefield

Mission, TX 78572
  • $650,000
  • STATUS: Active Under Contract
  • ON SITE: 35 Days
  • MLS #: 326516
Under Contract
UPDATED: 48 min ago
$650,000
  • 0
    BEDS
  • 1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,548
    SQFT
  • $86
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2000
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Great investment opportunity located in a great location with 8 fully-leased apartments and long term tenants. The property has one 4-plex that was built in 2000 and another 4 plex built in 1997 totaling 8 units (7,548 SF). All units are 2bedroom/1bath approximately 940 SF (according to HCAD) with one unit leased at $800 and the remaining units leased at $700 generating $5,700 per month ($68,400 annually). If you are an investor looking to purchase a great income producing property, look no further! This property has been stabilized at 100% occupancy for years with an excellent rental history. Noteworthy, the subject site totals 1 acre with additional space to built more units in the future. Each unit is individually metered. You don't want to miss out on this great opportunity! Call today for information before this property is gone! OWNER FINANCING AVAILABLE!!!!

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© 2022 Greater McAllen Association of Realtors Multiple Listing Service.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The Lucas Sanchez Real Estate Team. Data last updated: 2022-01-18T14:16:35.723.
www.thelucassanchezteam.com/homes/123993182
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307 N Moorefield Mission, TX 78572

  • Price: $650,000
  • Status: Active Under Contract
  • On Site: 35 Days
  • Updated: 48 min ago
  • MLS #: 326516
0
Beds
0
Baths
0
½ Baths
1
Acres
7,548
SQFT
$86
$/SQFT
2000
Built
Neighborhood:
El Dorado Heights
County:
Hidalgo
Area:
Mission
Elementary School:
Camarena
Middle School:
Memorial
High School:
Palmview H.S.
School District:
La Joya ISD
Property Description
Great investment opportunity located in a great location with 8 fully-leased apartments and long term tenants. The property has one 4-plex that was built in 2000 and another 4 plex built in 1997 totaling 8 units (7,548 SF). All units are 2bedroom/1bath approximately 940 SF (according to HCAD) with one unit leased at $800 and the remaining units leased at $700 generating $5,700 per month ($68,400 annually). If you are an investor looking to purchase a great income producing property, look no further! This property has been stabilized at 100% occupancy for years with an excellent rental history. Noteworthy, the subject site totals 1 acre with additional space to built more units in the future. Each unit is individually metered. You don't want to miss out on this great opportunity! Call today for information before this property is gone! OWNER FINANCING AVAILABLE!!!!
Exterior Features

Carport Spaces 0 Carport YN No Construction Materials Brick Covered Spaces 0 Exterior Features None Fencing None Foundation Details Slab Garage YN No Other Structures Outbuilding (None) Parking Features Garage Faces FrontNo GarageOther Garage Or Carport Parking Total 0 Pool YN No Road Surface Type Paved Roof Composition Shingle

Interior Features

Appliances Electric Water HeaterRefrigeratorStove/Range Cooling Central AirElectric Cooling YN Yes Flooring Porcelain Tile Interior Features Ceiling Fan(S)Other Laundry Features Laundry AreaWasher/Dryer Connection

Property Features

Association YN No Community Features Other Green Energy Efficient Other Maintenance Expense 2000 New Construction YN No Other Expense 0 Property Sub Type Multi Family Sewer Septic Tank Tax Annual Amount 11707 Tax Year 2021 Water Source Public

Listing by Bianca Maree of Encore Fine Properties.
© 2022 Greater McAllen Association of Realtors Multiple Listing Service.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The Lucas Sanchez Real Estate Team. Data last updated: 2022-01-18T14:16:35.723.
 
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The Lucas Sanchez Real Estate Team
2575 E Griffin Parkway, Suite 14
Mission TX, 78572