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For sale
  • $550,000

    406 S Fm 492, Mission, TX 78572

    2beds
    1baths
    5,544sqft
    : 
    Multi Family
    Built in 1997
    -- sqft lot
    $-- Zestimate®
    $99/sqft
    $-- HOA

    What's special

    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!
    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

    We'll find a local expert to take you on a private tour of 406 S Fm 492.

    Next available tour time:Tomorrow at 11am

    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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