406 South Farm To Market 492

Mission, TX 78572

$550,000
Price
Beds
5,544 Sq. Ft.
$99 / Sq. Ft.
5,544
Sq. Ft.
$99
per Sq. Ft.

Description

Discover an incredible investment opportunity with this rare 6-plex in the Rio Grande Valley! Each of the six units offers 2 bedrooms and 1 bathroom, currently rented to long-term tenants at $750 per month. With rents unchanged for some time, there’s exciting potential to increase income, making this property even more appealing. Location is everything, and this property delivers! Situated just seconds from Highway 83, you’ll enjoy easy access to major areas. Plus, it’s within walking distance to...Discover an incredible investment opportunity with this rare 6-plex in the Rio Grande Valley! Each of the six units offers 2 bedrooms and 1 bathroom, currently rented to long-term tenants at $750 per month. With rents unchanged for some time, there’s exciting potential to increase income, making this property even more appealing. Location is everything, and this property delivers! Situated just seconds from Highway 83, you’ll enjoy easy access to major areas. Plus, it’s within walking distance to Flores Elementary, making it a desirable spot for families. A 6-plex is a rare find in the RGV, and this one is perfect for investors seeking steady income with room to grow. Don’t miss out on this fantastic opportunity to own a multi-unit property in a prime location!
  1. Listed by Erick Ochoa • TREC #801070599 • Fox Real Estate Pros

Property Details for 406 South Farm To Market 492

Community Features
None
Subdivision Name
Flores Heights
LISTING UPDATED: 01/10/2025 09:33 AM

Property Details for 406 South Farm To Market 492

StatusActive
MLS #458470
Days on Market2
Taxes$11,033 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1997
Lot Size0.50 AC / 21,780 SF
CountyHidalgo County

Building Information for 406 South Farm To Market 492

Stories1Residences6Year Built1997Building Size-Lot Size0.50 AC / 21,780 SF

Property Information for 406 South Farm To Market 492

Summary
Location and General Information
  • Directions: Google "Flores Elementary" at 1913 Roque Salinas Rd, Mission, TX 78572 and property will be just in front of it. Less than a block away from the expressway.
  • 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: Flores
  • Elementary School District: La Joya ISD
  • High School: Palmview H.S.
  • High School District: La Joya ISD
  • Middle Or Junior School: Richards
  • Middle Or Junior School District: La Joya ISD
Taxes and HOA
  • Association: No
  • Parcel Number: F463001000000100
  • Tax Annual Amount: $11,033
  • Tax Legal Description: FLORES HEIGHTS UT NO. 1 LOT 1
  • Tax Year: 2024
Property
Lot Information
  • Building Area Source: HidalgoCAD
  • Building Area Total: 5544.0
  • Building Area Units: Square Feet
  • Living Area: 5544.0
  • Living Area Source: HidalgoCAD
  • Living Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.5
  • Lot Size Area: 21780.0
  • Lot Size Dimensions: 106x205
  • Lot Size Square Feet: 21780.0
  • Lot Size Units: Square Feet
Property and Assessments
  • New Construction: No
  • Year Built: 1997
  • Year Built Source: HCAD
  • Escrow: $5,500.00
Utilities
  • Irrigation Water Rights: No
  • Number Of Separate Water Meters: 6
  • Sewer: City Sewer
Green Features
  • Green Energy Efficient: Other
Mobile Home
Mobile Home Information
  • Home Warranty: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: None
  • Fencing: Chain Link
  • Pool: No
  • Number Of Buildings: 1
  • Construction Materials: Brick
  • Other Structures: Outbuilding (None)
  • Roof: Composition Shingle
Interior Features
  • Appliances: Water Heater (Other), No Conveying Appliances
  • Cooling: Central Air, Electric
  • Cooling YN: Yes
  • Flooring: Other
  • Heating: Central, Electric
  • Heating: Yes
  • Interior Features: Other
  • Laundry Features: None
  • Foundation Details: Slab
Multi Family
Income & Expenses
  • Gross Income: $4,500.00
  • Insurance Expense: $.00
  • Maintenance Expense: $.00
Multi-Family Information
  • Number Of Units In Community: 1
  • Number Of Units Total: 6
  • Other Expense: $.00

Property History for 406 South Farm To Market 492

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 406 South Farm To Market 492

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

Cesar Chavez Middle School
Public6 to 8

La Joya High School
Public8 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.

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406 South Farm To Market 492 is a multi-family home for sale in Mission, TX 78572. This property was listed for sale on January 10, 2025 by Fox Real Estate Pros, it's currently listed at $550,000. This listing's school district is La Joya Independent School District. Nearby schools include Guillermo Flores Elementary School, Cesar Chavez Middle School and La Joya High School. 406 South Farm To Market 492 is a 0-bed, 0-bath, 5,544 sqft multi-family home built in 1997.

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 Fox Real Estate Pros

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.