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$360,000
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6505 Lima LN Mission, TX 78574
4,056 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,056 sqft
Subdivision La Homa Groves
MLS Listing ID 458196
Sold Date 07/21/25
HOA Y/N No
Year Built 2008
Annual Tax Amount $6,210
Tax Year 2019
Lot Size 0.505 Acres
Acres 0.505
Property Sub-Type Multi Family
Source Greater McAllen
Property Description
**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!
Location
State TX
County Hidalgo
Community Other
Rooms
Other Rooms Outbuilding (None)
Interior
Interior Features Other
Heating Central
Cooling Central Air
Flooring Tile
Appliance Water Heater (Other), Dryer, Refrigerator, Stove/Range-Electric Coil, Washer
Laundry Laundry Closet
Exterior
Exterior Feature None
Garage Spaces 10.0
Carport Spaces 10
Fence None
Community Features Other
View Y/N No
Roof Type Composition Shingle
Total Parking Spaces 20
Garage Yes
Building
Faces From expressway, head north on La Homa Rd and turn east on Naranja Dr. and turn on Lima Lane.
Story 1
Foundation Slab
Sewer City Sewer
Water Public
Structure Type Brick
New Construction No
Schools
Elementary Schools Kika De La Garza
Middle Schools Memorial
High Schools Mission H.S.
Others
Tax ID L106903000007700
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