Mission, TX 78572,307 N Moorefield RD
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Mission, TX 78572,307 N Moorefield RD
Mission, TX 78572,307 N Moorefield RD
Mission, TX 78572,307 N Moorefield RD
Mission, TX 78572,307 N Moorefield RD
Listed by Encore Fine Properties

$650,000

Est.Price: ?

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307 N Moorefield RD Mission, TX 78572

7,548 SqFt

SOLD DATE : 03/09/2022

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 7,548 sqft

Subdivision El Dorado Heights

MLS Listing ID 326516

Sold Date 03/09/22

HOA Y/N No

Year Built 2000

Annual Tax Amount $11,707

Tax Year 2021

Lot Size 1.001 Acres

Acres 1.0013

Property Sub-Type Multi Family

Source Greater McAllen

Property Description

Great investment opportunity located in a great location with 8 fully-leased apartments and long term tenants. The property has one 4-plex that was built in 2000 and another 4 plex built in 1997 totaling 8 units (7,548 SF). All units are 2bedroom/1bath approximately 940 SF (according to HCAD) with one unit leased at $800 and the remaining units leased at $700 generating $5,700 per month ($68,400 annually). If you are an investor looking to purchase a great income producing property, look no further! This property has been stabilized at 100% occupancy for years with an excellent rental history. Noteworthy, the subject site totals 1 acre with additional space to built more units in the future. Each unit is individually metered. You don't want to miss out on this great opportunity! Call today for information before this property is gone! OWNER FINANCING AVAILABLE!!!!

Location

State TX

County Hidalgo

Community Other

Rooms

Other Rooms Outbuilding (None)

Interior

Interior Features Ceiling Fan(s), Other

Heating Central, Electric

Cooling Central Air, Electric

Flooring Porcelain Tile

Appliance Electric Water Heater, Refrigerator, Stove/Range

Laundry Laundry Area, Washer/Dryer Connection

Exterior

Exterior Feature None

Fence None

Community Features Other

View Y/N No

Roof Type Composition Shingle

Garage No

Building

Faces From 495 (Griffin Parkway), continue straight until you reach Moorefield road. Turn left and property will be on your right hand side. Red brick apartments.

Story 1

Foundation Slab

Sewer Septic Tank

Water Public

Structure Type Brick

New Construction No

Schools

Elementary Schools Camarena

Middle Schools Memorial

High Schools Palmview H.S.

Others

Tax ID E506000000000400, E506000000000500

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Phillip Veale

Phillip Veale

+1956678626

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