Don't miss this fully occupied, income-producing four-plex located in the desirable Sunterra Subdivision. Generating approximately $53,400 in annual gross income with a current Net Operating Income (NOI) of approximately $35,255, this property is offered at an attractive 7.12% cap rate. 3 bedrooms and 2 bathrooms with functional layouts designed to attract and retain quality tenants. All units include appliances, providing added convenience and value. Located in a growing area with easy access to schools, shopping, dining, and everyday amenities, this property benefits from strong rental demand and excellent long-term investment potential. Property Highlights: Fully leased four-plex Four 3-bedroom, 2-bath units Gross Annual Income: $53,400 NOI: Approximately $35,255 Cap Rate: 7.12% Appliances included Strong rental history Prime Sunterra Subdivision location Immediate cash-flow opportunity Start generating income from day one—schedule your showing today!
For sale
$495,000
2813 E Israel Ave, Mission, TX 78573
6beds
4baths
4,032sqft
Quadruplex, Multi Family
Built in 2024
-- sqft lot
$491,400 Zestimate®
$123/sqft
$42/mo HOA
What's special
Functional layoutsAll units include appliances
- 73 days
- 6
- 0
Zillow last checked:
Listing updated:
Listed by:
Jenny I. Avellaneda 956-250-7556,
Effective Real Estate
Source: Greater McAllen AOR,MLS#: 507819
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater, Smooth Electric Cooktop, Dryer, Refrigerator, Washer
- Laundry: Laundry Closet, Washer/Dryer Connection
Features
- Ceiling Fan(s), Walk-In Closet(s)
- Flooring: Tile
Interior area
- Total structure area: 4,032
- Total interior livable area: 4,032 sqft
Property
Parking
- Total spaces: 8
- Parking features: No Garage
- Carport spaces: 8
Features
- Exterior features: Other
- Fencing: Privacy,Wood
Lot
- Size: 0.26 Acres
- Features: Sidewalks
Details
- Additional structures: Outbuilding (None)
- Parcel number: S706500000001200
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Shingle
Condition
- Year built: 2024
Utilities & green energy
- Sewer: Public Sewer
Green energy
- Energy efficient items: Thermostat
Community & HOA
Community
- Features: Sidewalks, Street Lights
- Subdivision: Sunterra Estates
HOA
- Has HOA: Yes
- HOA fee: $500 annually
- HOA name: Sunterra HOA
Location
- Region: Mission
Financial & listing details
- Price per square foot: $123/sqft
- Annual tax amount: $12,745
- Date on market: 6/22/2026
- Road surface type: Paved
Estimated market value
$491,400
$467,000 - $516,000
$1,487/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/22/2026 | Listed for sale | $495,000-7.5%$123/sqft |
Source: Greater McAllen AOR #507819 Report a problem | ||
| 11/1/2024 | Sold | -- |
Source: Greater McAllen AOR #435973 Report a problem | ||
| 5/3/2024 | Listed for sale | $535,000$133/sqft |
Source: Greater McAllen AOR #435973 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 78573
Nearby schools
Schools provided by the listing agent
- Elementary: Cantu
- Middle: Mission Junior High
- High: Mission H.S.
- District: Mission ISD
Source: Greater McAllen AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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