2305 West Mile 3 Road

Mission, TX 78574

$8,500,000
Price
Beds
76,738 Sq. Ft.
$111 / Sq. Ft.
76,738
Sq. Ft.
$111
per Sq. Ft.

Description

Discover Del Sol Apartments, a premier multifamily built in 2016, this meticulously maintained complex spans 3.46 acres and features 78 modern units across 9 buildings, offering a total of 76,440 square feet of rentable space. Each spacious unit boasts 2 bedrooms, 2 full bathrooms, granite countertops, premium appliances, in-unit washers and dryers, central AC, and a thoughtful design that ensures tenant satisfaction. Currently renting at approximately $940 per month, Del Sol Apartments enjoys an...Discover Del Sol Apartments, a premier multifamily built in 2016, this meticulously maintained complex spans 3.46 acres and features 78 modern units across 9 buildings, offering a total of 76,440 square feet of rentable space. Each spacious unit boasts 2 bedrooms, 2 full bathrooms, granite countertops, premium appliances, in-unit washers and dryers, central AC, and a thoughtful design that ensures tenant satisfaction. Currently renting at approximately $940 per month, Del Sol Apartments enjoys an outstanding leasing history, consistently maintaining full occupancy. Perfectly positioned next to a vibrant commercial plaza and within walking distance of an IDEA public school, this property offers unmatched convenience in a booming community. With a proven track record of strong income and nearly zero vacancies, Del Sol Apartments is an inviting, turn-key opportunity for investors seeking reliable returns in an area poised for continued growth.
  1. Listed by Leslie J. De Leon • TREC #801068154 • Abolengo Properties Llc

Property Details for 2305 West Mile 3 Road

Community Features
Curbs, Sidewalks, Street Lights
Subdivision Name
Del Sol
LISTING UPDATED: 11/23/2024 05:29 PM

Property Details for 2305 West Mile 3 Road

StatusActive
MLS #455497
Days on Market2
Taxes$86,100 / year
HOA Fees-
Condo/Co-op Fees$249,312 / year
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built2016
CountyHidalgo County

Building Information for 2305 West Mile 3 Road

Building/Complex2305 W Mile 3 RdFloor-Stories2Residences78Pet Policy-Year Built2016Building Size-

Property Information for 2305 West Mile 3 Road

Summary
Location and General Information
  • Directions: From McAllen, TX: Take I-2/US-83 W towards Mission. Exit at Conway Ave and turn right. Head north, then turn left onto West 3 Mile Road. Del Sol Apartments will be on your right.
  • Road Surface Type: Paved
Parking
  • Carport Spaces: 0.0
  • Carport YN: No
  • Covered Spaces: 0.0
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: No Garage
  • Parking Total: 0.0
School Information
  • Elementary School: Lloyd Dolly Bentsen
  • Elementary School District: La Joya ISD
  • High School: La Joya H.S.
  • High School District: La Joya ISD
  • Middle Or Junior School: Memorial
  • Middle Or Junior School District: La Joya ISD
Taxes and HOA
  • Association: No
  • Parcel Number: D306000000000200
  • Tax Annual Amount: $86,100
  • Tax Legal Description: DEL SOL LOT 2
  • Tax Year: 2024
Property
Lot Information
  • Building Area Source: HidalgoCAD
  • Building Area Total: 76738.0
  • Building Area Units: Square Feet
  • Living Area: 76738.0
  • Living Area Source: HidalgoCAD
  • Living Area Units: Square Feet
  • Lot Features: Curb & Gutters, Irregular Lot, Professional Landscaping, Sidewalks
  • Lot Size Acres: 3.4682
  • Lot Size Area: 3.4682
  • Lot Size Square Feet: 151074.792
  • Lot Size Units: Acres
Property and Assessments
  • New Construction: No
  • Year Built: 2016
  • Year Built Source: HCAD
  • Escrow: $85,000.00
Utilities
  • Irrigation Water Rights: No
  • Number Of Separate Water Meters: 1
  • Sewer: City Sewer
  • Utilities: Internet Access, Cable Available
  • Water Source: Public
Green Features
  • Green Energy Efficient: Thermostat
Mobile Home
Mobile Home Information
  • Home Warranty: No
Interior and Exterior Features
Exterior Features
  • Fencing: Cross Fenced, Non Privacy, Partial, Privacy, Wood
  • Pool: No
  • Number Of Buildings: 9
  • Construction Materials: Brick
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Covered Patio, Patio Slab
  • Roof: Shingle
  • Security Features: Security System, Closed Circuit Camera(s), Smoke Detector(s)
Interior Features
  • Appliances: Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range-Electric Coil, Washer
  • Cooling: Central Air, Electric
  • Cooling YN: Yes
  • Flooring: Tile
  • Heating: Central, Electric
  • Heating: Yes
  • Interior Features: Ceiling Fan(s), Dryer, Microwave, Washer
  • Laundry Features: Laundry Closet, Washer/Dryer Connection
  • Foundation Details: Slab
Multi Family
Income & Expenses
  • Gross Income: $851,046.00
  • Insurance Expense: $55,596.00
  • Maintenance Expense: $249,312.00
Multi-Family Information
  • Number Of Units In Community: 9
  • Number Of Units Total: 78
  • Other Expense: $.00

Property History for 2305 West Mile 3 Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2305 West Mile 3 Road

Taxable ValueLand$392,792Additions$2,964,285Total$3,357,077
Tax Record2023$82,460 ($6,872 / month)
Home Facts
Total Finished SqFt23,604 SqFtAbove Grade Finished SqFt23,604 SqFtLot Size151,075 SqFtStyleMulti-Family Res (5+ Units)Year Built2016CountyHIDALGOAPND3060-00-000-0002-00

Schools near 2305 West Mile 3 Road

This home is within La Joya Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Lloyd M Bentsen Elementary School
PublicPK to 5

Memorial Middle School
Public6 to 8

La Joya Palmview High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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2305 West Mile 3 Road is a multi-family home for sale in Mission, TX 78574. This property was listed for sale on November 23, 2024 by Abolengo Properties Llc, it's currently listed at $8,500,000. This listing's school district is La Joya Independent School District. Nearby schools include Lloyd M Bentsen Elementary School, Memorial Middle School and La Joya Palmview High School. 2305 West Mile 3 Road is a 0-bed, 0-bath, 76,738 sqft multi-family home built in 2016.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Abolengo Properties Llc

Based on information from one of the following Multiple Listing Services: GMAR MLS, South Texas MLS and Amarillo Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by GMAR MLS, South Texas MLS and Amarillo Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.