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$950,000

4104 W Mile 3 Rd, Mission, TX, 78574

On MarketInfo
Just AddedInfo
Beds— Beds
Baths— Bath
Baths8,454 Sq Ft
price_per_sqft$112.37 / sqft
Year BuiltBuilt in 1990

About this property

Mixed-use property on 1.71 acres fronting 3 Mile Line, a high-traffic corridor with excellent visibility. Zoned commercial with existing lease income and room to grow. One building is leased to a beauty salon. Next door, a leased office space formerly operated as a restaurant and still features and grease trap, a plus for food service. An incomplete 4,800 sq ft warehouse offers potential for an event center or other commercial use. A 25x25 metal pergola and a 36x18 pool add to the possibilities for an event venue. The on-site home is currently occupied and can serve as an owner residence or rental. This 1,780 sq ft home offers 3 bedrooms, 3 full baths, foam insulation, and zebra blinds. Kitchen appliances convey, and the water heater is approximately one year old. A rare combination of income, acreage, and visibility, ideal for home, investors and entrepreneurs.

Investor Tools

$0Estimated Mortgage Balance
$464,286Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,700 /month
Positive
Cash Flow Estimate:
$1,900 /month

Interested in this property?

Belen Mendoza

Sublime Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$758/month
No HOA
5.947%

City: Mission

4104 W Mile 3 Rd | Property Details | No Agent List