116 E 13th St Mission, TX 78572
Estimated payment $2,047/month
Highlights
- No HOA
- Laundry closet
- Central Heating and Cooling System
- Window Unit Cooling System
- Tile Flooring
About This Home
This is an exceptional chance to acquire stable, 5-unit apartment building in Mission, Texas—a city experiencing explosive growth and growing demand for rentals. Strategically located just one block off North Conway Ave., this property has a consistently high occupancy rate due to its proximity to employment and schools. Additionally, this expansive +/- 0.26 acre lot provides an incredible opportunity to add another apartment building, effectively allowing you to double your income. With its unbeatable location, excellent price, and significant upside potential, this property is a smart acquisition for a new investor or to an existing portfolio.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,748
Year Built
- Built in 1975
Lot Details
- 0.26 Acre Lot
Parking
- No Garage
Home Design
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
- Siding
Interior Spaces
- 2,797 Sq Ft Home
- 2-Story Property
- Tile Flooring
- Laundry closet
Schools
- Bryan Elementary School
- Mission Junior High
- Veterans Memorial High School
Utilities
- Window Unit Cooling System
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number M520000201001100
Community Details
Overview
- No Home Owners Association
- Mission Original Townsite Subdivision
Building Details
- Insurance Expense $1,618
- Maintenance Expense $1,500
- Gross Income $15,610
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,748 | $154,603 | $101,250 | $53,353 |
| 2024 | $3,748 | $145,852 | $101,250 | $44,602 |
| 2023 | $3,625 | $142,992 | $50,625 | $92,367 |
| 2022 | $3,372 | $132,400 | $50,625 | $81,775 |
| 2021 | $3,685 | $142,559 | $50,625 | $91,934 |
| 2020 | $2,908 | $109,200 | $47,813 | $61,387 |
| 2019 | $2,837 | $104,000 | $39,375 | $64,625 |
| 2018 | $2,759 | $100,474 | $39,375 | $61,099 |
| 2017 | $2,787 | $100,474 | $39,375 | $61,099 |
| 2016 | $2,113 | $76,176 | $39,375 | $36,801 |
| 2015 | $1,881 | $68,832 | $24,806 | $44,026 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/17/2025 06/17/25 | For Sale | $330,000 | -- | $118 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Special Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | -- | Edwards Abstract And Title C |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $72,000 | Seller Take Back |
Source: Greater McAllen Association of REALTORS®
MLS Number: 473676
APN: M5200-00-201-0011-00
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