**6505 Lima Lane** offers a fantastic investment opportunity as a five-unit multi-family apartment building. Positioned just off La Homa Road in the Mission-Alton area, this property consistently maintains full occupancy with a waitlist of prospective tenants. This demand is fueled by its affordable rental rates, making it highly sought-after in the local market. Additionally, the expansive lot provides great flexibility for future development, allowing options to add more rental units or even establish a commercial storefront along La Homa Road. Don’t miss the chance to invest in a property with both immediate income potential and room for growth!
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Price Unknown
6505 Lima Ln, Mission, TX 78574
10beds
10baths
4,056sqft
Multi Family
Built in 2008
-- sqft lot
$-- Zestimate®
$--/sqft
$1,168 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,168/mo
Zestimate® history
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Commercial storefrontExpansive lot
Zillow last checked:
Listing updated:
Listed by:
Irving N. Kim 956-520-4573,
Big Realty
Source: Greater McAllen AOR,MLS#: 458196
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 10
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air
Appliances
- Included: Water Heater (Other), Dryer, Refrigerator, Stove/Range-Electric Coil, Washer
- Laundry: Laundry Closet
Features
- Other
- Flooring: Tile
Interior area
- Total structure area: 4,056
- Total interior livable area: 4,056 sqft
Property
Parking
- Total spaces: 20
- Parking features: Other Garage or Carport
- Garage spaces: 10
- Carport spaces: 10
- Covered spaces: 20
Features
- Exterior features: None
- Fencing: None
Lot
- Size: 0.51 Acres
Details
- Additional structures: Outbuilding (None)
- Parcel number: L106903000007700
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 2008
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: None
Community & neighborhood
Community
- Community features: Other
Location
- Region: Mission
- Subdivision: La Homa Groves
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/21/2025 | Sold | -- |
Source: Greater McAllen AOR #458196 Report a problem | ||
| 5/8/2025 | Pending sale | $360,000$89/sqft |
Source: Greater McAllen AOR #458196 Report a problem | ||
| 1/7/2025 | Listed for sale | $360,000$89/sqft |
Source: Greater McAllen AOR #458196 Report a problem | ||
| 11/19/2024 | Listing removed | $360,000$89/sqft |
Source: Greater McAllen AOR #452958 Report a problem | ||
| 11/7/2024 | Listed for sale | $360,000+60%$89/sqft |
Source: Greater McAllen AOR #452958 Report a problem | ||
| 8/22/2022 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 4/30/2020 | Listing removed | $600 |
Source: Encore Fine Properties #330929 Report a problem | ||
| 3/18/2020 | Listed for rent | $600+3.4% |
Source: Encore Fine Properties #330929 Report a problem | ||
| 11/6/2019 | Listing removed | $580 |
Source: Encore Fine Properties #322408 Report a problem | ||
| 10/11/2019 | Price change | $580-2.5% |
Source: Encore Fine Properties #322408 Report a problem | ||
| 9/20/2019 | Listed for rent | $595 |
Source: Encore Fine Properties #322408 Report a problem | ||
| 8/1/2019 | Listing removed | $595 |
Source: Encore Fine Properties #317098 Report a problem | ||
| 6/12/2019 | Price change | $595+1.7% |
Source: Encore Fine Properties #317098 Report a problem | ||
| 6/6/2019 | Listed for rent | $585 |
Source: Encore Fine Properties #317098 Report a problem | ||
| 4/29/2019 | Sold | -- |
Source: eXp Realty #89063990 Report a problem | ||
| 2/12/2019 | Listed for sale | $225,000$55/sqft |
Source: Hemisphere Real Estate Investments, LLC #309872 Report a problem | ||
| 8/6/2014 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,329 +9.8% | $301,218 +2% |
| 2024 | $5,764 +5.3% | $295,312 +4.1% |
| 2023 | $5,473 -11.3% | $283,757 |
| 2022 | $6,168 +25.8% | $283,757 +26.7% |
| 2021 | $4,901 | $223,967 -0.9% |
| 2020 | -- | $226,002 -0.9% |
| 2019 | $5,048 +16.8% | $228,037 +2.8% |
| 2018 | $4,322 | $221,834 +14% |
| 2017 | $4,322 -11.3% | $194,657 -10.9% |
| 2016 | $4,871 +22.8% | $218,389 +0.8% |
| 2015 | $3,968 | $216,566 +21.8% |
| 2014 | $3,968 | $177,852 -0.7% |
| 2013 | -- | $179,167 -0.7% |
| 2012 | -- | $180,482 -0.7% |
| 2011 | -- | $181,802 +14.6% |
| 2010 | -- | $158,592 -1% |
| 2009 | -- | $160,127 +939.8% |
| 2008 | -- | $15,400 |
| 2007 | -- | $15,400 |
| 2006 | -- | $15,400 |
| 2005 | -- | $15,400 |
| 2004 | -- | $15,400 +27.3% |
| 2003 | -- | $12,100 |
| 2002 | -- | $12,100 |
| 2001 | -- | $12,100 |
| 2000 | -- | $12,100 |
Find assessor info on the county website
Neighborhood: 78574
Nearby schools
GreatSchools rating
- 6/10Diaz-Villarreal Elementary SchoolGrades: PK-5Distance: 1 mi
- 4/10Domingo Trevino Middle SchoolGrades: 6-8Distance: 0.9 mi
- 2/10Juarez-Lincoln High SchoolGrades: 9-12Distance: 3.6 mi
Schools provided by the listing agent
- Elementary: Kika De la Garza
- Middle: Memorial
- 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.
- Texas
- Hidalgo County
- La Homa
- 78574
- 6505 Lima Ln
Nearby cities
Nearby zip codes
Other La Homa Topics
