Discover an incredible investment opportunity with this rare 6-plex in the Rio Grande Valley! Each of the six units offers 2 bedrooms and 1 bathroom, currently rented to long-term tenants at $750 per month. With rents unchanged for some time, there’s exciting potential to increase income, making this property even more appealing. Location is everything, and this property delivers! Situated just seconds from Highway 83, you’ll enjoy easy access to major areas. Plus, it’s within walking distance to Flores Elementary, making it a desirable spot for families. A 6-plex is a rare find in the RGV, and this one is perfect for investors seeking steady income with room to grow. Don’t miss out on this fantastic opportunity to own a multi-unit property in a prime location!
For sale
$550,000
406 S Fm 492, Mission, TX 78572
2beds
1baths
5,544sqft
Est.:
Multi Family
Built in 1997
-- sqft lot
$-- Zestimate®
$99/sqft
$-- HOA
What's special
- 208 days
- on Zillow |
- 26 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: February 12, 2025 at 08:19am
Listed by:
Erick Ochoa 956-735-5424,
Fox Real Estate Pros
Source: Greater McAllen AOR,MLS#: 458470
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air, Electric
Appliances
- Included: Water Heater (Other), No Conveying Appliances
- Laundry: None
Features
- Other
- Flooring: Other
Interior area
- Total structure area: 5,544
- Total interior livable area: 5,544 sqft
Property
Parking
- Parking features: No Garage
Features
- Exterior features: None
- Fencing: Chain Link
Lot
- Size: 0.5 Acres
- Features: Corner Lot
Details
- Additional structures: Outbuilding (None)
- Parcel number: F463001000000100
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1997
Utilities & green energy
- Sewer: Public Sewer
Green energy
- Energy efficient items: Other
Community & HOA
Community
- Features: None
- Subdivision: Flores Heights
HOA
- Has HOA: No
Location
- Region: Mission
Financial & listing details
- Price per square foot: $99/sqft
- Tax assessed value: $443,591
- Annual tax amount: $11,033
- Date on market: 1/10/2025
- Road surface type: Paved
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