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911 N Los Ebanos Rd, Mission, TX, 78572

8beds
8baths
13,516sqft
$1,225,000
$91price/sqft
$10,127/moest. monthly cost
$405,080/yrincome needed

About This Home

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

Getting Around

44
WalkingCar-Dependent
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

3/10
Marcell Elementary SchoolGrades PK-50.5 mi
6/10
White Junior High SchoolGrades 6-80.9 mi
3/10
Mission High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 2002

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Electric Water Heater,No Conveying Appliances
  • Laundry features: Laundry Area

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 8

Features

  • None
  • Window features: Double Pane Windows
  • Flooring: Tile

Heating & Cooling

  • Heating features: Has Heating (Unspecified Type)
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 13,516
  • Total interior livable area: 13,516 sqft

Property

Details

  • Parcel number: M490000000002000

Features

  • Exterior features: None
  • Fencing: Chain Link

Lot

  • Lot size: 0.86 Acres
  • Features: Sidewalks

Parking

  • Parking features: No Carport,No Garage