1921 Main Avenue, Mission, TX 78573

$1,079,000
8,296
SqFt

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List Price
$1,079,000
Price Change
▼ $200 1784620106
Status
ACTIVE
MLS#
500852
Living Area
8,296
Lot Size (Acres)
0.8623000000000001
Year Built
2003

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 $10575 and a Net Operating Income of $126900 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.

Additional Information

Area
Mission
Subdivision
Inspiration Heights
Taxes
$20,254
Tax Year
2025
Stories
1
Interior Features
Ceiling Fan(s), Decorative/High Ceilings, Microwave, Walk-In Closet(s)
Amenities
None
Living Area
8,296
Exterior Features
None
Community Features
None
Lot Size
37,561
Heating
Central
Cooling
Central Air
Sewer
City Sewer
School District
Mission ISD
Elementary School
Waitz
Middle School
Mercedes Junior High
High School
Memorial H.S.

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Tania J. Salinas with Re/Max Elite