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Days28Days on Market
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$225,000

3004 W Mile 6 1/2 Rd, Mission, TX, 78574

On MarketInfo
Beds3 Beds
Baths1 Bath
Baths2,542 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$88.51 / sqft
Year BuiltBuilt in 2014

About this property

Welcome to La Homa Trace, conveniently located near La Homa Road and Mile 7 Road in Mission. Situated on approximately half an acre, this spacious two-story home offers approximately 2,542 square feet of living area, three bedrooms, two-and-a-half bathrooms, an enclosed laundry room, and a bonus room upstairs. The home is an unfinished construction project and will require substantial work to complete, including flooring, fixtures, central HVAC equipment, and exterior finishes. The property is being offered strictly as-is, making it an excellent opportunity for an investor, contractor, or buyer looking to customize and complete a home to their specifications. Cash offers are preferred. The property may qualify for renovation financing; buyers should consult their lender regarding eligibility and requirements.

Investor Tools

$0Estimated Mortgage Balance
$133,332Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

Interested in this property?

Juan De La Garza

De La Garza Realty Group, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$219/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Mission

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3004 W Mile 6 1/2 Rd | Property Details | No Agent List