Prime investment opportunity in the growing Mission area of the Rio Grande Valley! This 12-unit apartment complex sits on a spacious 1-acre corner lot at La Homa Rd and Coby Dr, featuring two well-maintained six-unit buildings. With consistently high occupancy and minimal tenant turnover, this property offers stable, reliable cash flow from day one. Located in a high-demand area experiencing rapid growth and increased developer interest, this asset is well-positioned for future appreciation. Its strong rental performance, strategic location, and upside potential make it an excellent addition to any portfolio—ideal for both new and seasoned investors seeking long-term value and income stability.
68 days
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13
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0
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Zillow last checked:
Listing updated:
Listed by:
Olga L Arriaga956-827-5025,
Dolce Vita Realty
Source: Greater McAllen AOR,MLS#: 502132
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 2
Heating
Has Heating (Unspecified Type)
Cooling
Central Air, Electric, Heat Pump
Appliances
Included: Electric Water Heater, Water Heater (Other Location), Electric Cooktop, Refrigerator
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Source: Greater McAllen AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.