Prime Multifamily Development Lot – Fourplex Zoned & Ready! Attention builders and investors: secure this exceptional lot perfectly positioned at 705 Thompson Rd in Mission, TX. Zoned for multifamily use and sitting directly across the street from Escobar Rios Elementary School, this clear, flat, and turnkey plot is located in a high-demand rental corridor heavily driven by dense multifamily housing. City utilities are available, making this a seamless, ground-up development opportunity for an investor looking to construct a high-yield fourplex asset. Available for a clean cash sale at $125,000, this property offers an elite chance to build and capture massive rental equity in a rapidly growing sub-market. Act fast—bring your builder and submit your cash offer today before this prime development site is gone!
Lot/land
$125,000
705 Thompson Rd, Mission, TX 78573
--beds
--baths
9,596Square Feet
Residential Lot, Unimproved Land
Built in ----
9,596 Square Feet Lot
$-- Zestimate®
$--/sqft
$20/mo HOA
What's special
- 23 days |
- 16 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Gilberto Gutierrez 956-534-4200,
Homestead Realty
Source: Greater McAllen AOR,MLS#: 496441
Facts & features
Property
Features
- Fencing: Wood
Lot
- Size: 9,596 Square Feet
- Features: Curb & Gutters
Details
- Parcel number: G390500000000500
Utilities & green energy
- Sewer: Public Sewer
- Water: Public, City
- Utilities for property: Cable Connected, City Garbage, Electricity Connected, Water Connected, Sewer Connected
Community & HOA
Community
- Features: Curbs, Street Lights
- Subdivision: Gilberto Gutierrez
HOA
- Has HOA: Yes
- HOA fee: $20 monthly
- HOA name: Tbd
Location
- Region: Mission
Financial & listing details
- Tax assessed value: $81,077
- Annual tax amount: $1,266
- Date on market: 7/7/2026
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,038/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/7/2026 | Listed for sale | $125,000-2.3% |
Source: Greater McAllen AOR #496441 Report a problem | ||
| 6/14/2026 | Listing removed | $128,000 |
Source: Greater McAllen AOR #496441 Report a problem | ||
| 5/10/2026 | Price change | $128,000+2.4% |
Source: Greater McAllen AOR #496441 Report a problem | ||
| 2/21/2026 | Listed for sale | $125,000 |
Source: Greater McAllen AOR #496441 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $947 +20% | $36,845 +20% |
| 2024 | $789 +1.4% | $30,704 |
| 2023 | $778 -0.5% | $30,704 |
| 2022 | $782 | $30,704 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 78573
Nearby schools
GreatSchools rating
- 4/10Hilda C Escobar/Alicia C Rios Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 4/10Alton Memorial Jr High SchoolGrades: 6-8Distance: 2.7 mi
- 3/10Mission High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- Elementary: Escobar
- Middle: White Junior High
- High: Veterans Memorial 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.
- $125,0009,670.32 Square Feet703 Thompson Rd, Mission, TX 78573Lot/Land
- $93,0500.295 Acres701 Thompson Rd, Mission, TX 78573Off Market
- $74,961-- bd-- ba-- sqft700 Thompson Rd, Mission, TX 78573Off Market
- $--3 bd2 ba1.1k sqft702 Thompson Rd #1, Mission, TX 78573Off Market
- $--3 bd2 ba1.1k sqft702 Thompson Rd #2, Mission, TX 78573Off Market
- $--2 bd1 ba800 sqft704 Thompson Rd APT 1, Mission, TX 78573Off Market
- $--2 bd1 ba800 sqft704 Thompson Rd APT 2, Mission, TX 78573Off Market
- $262,898-- bd1 ba1.6k sqft3504 N Trosper Rd, Mission, TX 78573Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
Similar homes
- $125,0009,670.32 Square Feet703 Thompson Rd, Mission, TX 78573Lot/LandMLS ID #496444, Gilberto Gutierrez, Homestead Realty. Greater McAllen AOR
- $64,0007,196.112 Square Feet3609 Crisantema St, Mission, TX 78573Lot/Land
MLS ID #507802, Dorie Garza, Century 21 Johnston Company. Greater McAllen AOR - $85,0006,616.764 Square Feet911 Magnolia St, Mission, TX 78573Lot/Land
MLS ID #485680, Fernando Reyes, Sendero Realty Tx Llc. Greater McAllen AOR - $88,5008,267.688 Square Feet3706 Highland Park Ave, Mission, TX 78574Lot/Land
MLS ID #506134, Jason Garza, Pinnacle Realty Advisors. Greater McAllen AOR - $125,0009,600.624 Square Feet58011 Notre Dame Ave, Mission, TX 78573Lot/LandMLS ID #505632, Michelle Deleon, Imperio Real Estate Llc. Greater McAllen AOR
- $80,0007,048.008 Square Feet50 Pecan St, Mission, TX 78573Lot/LandMLS ID #508869, Andre Cordova, Empower Realty Group. Greater McAllen AOR
- $108,6809,879.408 Square Feet1201 Las Brisas Dr, Mission, TX 78574Lot/LandMLS ID #505839, Andres De La Rosa, Dominion Real Estate. Greater McAllen AOR
- $102,9719,361.044 Square Feet1204 Las Brisas Dr, Mission, TX 78574Lot/LandMLS ID #506556, Andres De La Rosa, Dominion Real Estate. Greater McAllen AOR
- $103,7419,430.74 Square Feet1206 Las Brisas Dr, Mission, TX 78574Lot/LandMLS ID #506555, Andres De La Rosa, Dominion Real Estate. Greater McAllen AOR
- $107,0309,731.304 Square Feet1210 Las Brisas Dr, Mission, TX 78574Lot/LandMLS ID #506552, Andres De La Rosa, Dominion Real Estate. Greater McAllen AOR
- $107,0309,731.304 Square Feet1212 Las Brisas Dr, Mission, TX 78574Lot/LandMLS ID #506536, Andres De La Rosa, Dominion Real Estate. Greater McAllen AOR
- $102,3449,304.416 Square Feet1315 Las Brisas Dr, Mission, TX 78574Lot/LandMLS ID #506505, Andres De La Rosa, Dominion Real Estate. Greater McAllen AOR
- $106,2389,657.252 Square Feet1208 Las Brisas Dr, Mission, TX 78574Lot/LandMLS ID #506553, Andres De La Rosa, Dominion Real Estate. Greater McAllen AOR
- $103,3899,400.248 Square Feet1314 Las Brisas Dr, Mission, TX 78574Lot/LandMLS ID #506513, Andres De La Rosa, Dominion Real Estate. Greater McAllen AOR
- $101,3439,212.94 Square Feet1200 Las Brisas Dr, Mission, TX 78574Lot/LandMLS ID #506559, Andres De La Rosa, Dominion Real Estate. Greater McAllen AOR
- $102,0699,278.28 Square Feet1205 Las Brisas Dr, Mission, TX 78574Lot/LandMLS ID #505846, Andres De La Rosa, Dominion Real Estate. Greater McAllen AOR
- $113,1930.274 Acres1011 Las Brisas Dr, Mission, TX 78574Lot/LandMLS ID #501972, Andres De La Rosa, Dominion Real Estate. Greater McAllen AOR
- $97,6809,361.044 Square Feet1202 Las Brisas Dr, Mission, TX 78574Lot/LandMLS ID #506557, Andres De La Rosa, Dominion Real Estate. Greater McAllen AOR
- $97,7578,886.24 Square Feet1308 Las Brisas Dr, Mission, TX 78574Lot/LandMLS ID #506520, Andres De La Rosa, Dominion Real Estate. Greater McAllen AOR
- $100,7169,156.312 Square Feet1203 Las Brisas Dr, Mission, TX 78574Lot/LandMLS ID #505841, Andres De La Rosa, Dominion Real Estate. Greater McAllen AOR
