$450,000
212 E 11th St, Mission, TX, 78572
On Market
Highlights
Interior
AppliancesElectric Cooktop, Tankless Water Heater
FlooringLaminate
Exterior
Exterior FeaturesOther
Lot Size7,501 sqft
Building Information
Year Built1985
Stories1
Roof Type112
Garage Spaces2
Land Information
APNM5200-00-172-0012-00
Lot Number11
SubdivisionMission Original Townsite
Land UseCommercial
Legal DescriptionMISSION ORIGINAL TOWNSITE W 1/2 - LOTS 11 & 12 BLK 172
Census Tract020306
Assessed Land Value$75,000
Assessed Improvement Value$71,157
Assessment Year2025
About this property
Five-unit multifamily investment property consisting of four 1-bedroom/1-bath units and one 2-bedroom/2-bath unit. Three 1/1 units are currently rented at $700/month, one 1/1 unit at $800/month, and the 2/2 unit at $900/month, for total current gross rents of $3,800/month. Property has been remodeled inside and out.
Investor Tools
$0Estimated Mortgage Balance
$146,157Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$392/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,979
$146,157
2025
$75,000
$71,157
$146,157
Yes (2023)
Tax History
Year
Tax Paid
Assessed Value
2024
$3,979
$146,157
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$146,157
100%
0%
$0/mo
