$330,000

116 E 13th St Mission, TX 78572

Estimated payment $2,048/month

Total Views 4,370
-- Bed
-- Bath
2,797 Sq Ft
$118 Price per Sq Ft

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.

Listing Agent

Jacob Galvan

Ursa Real Estate Listed on: 06/17/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,748

Year Built

  • Built in 1975

Lot Details

  • 11,252 Sq Ft 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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,748

Year Built

Built in 1975

Lot Details

0.26 Acres

Listing Details

  • Directions: Driving on Expressway 83 from McAllen take exit towards Conway Ave, at the light turn right onto Conway Ave, drive North for about 4 miles to 13th St, turn right onto E 13th St. Your destination will be on the right.
  • Year Built: 1975
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2583
  • Road Surface Type: Paved
  • Subdivision Name: Mission Original Townsite
  • Carport Y N: No
  • Garage Yn: No
  • Efficiency: None
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, No Conveying Appliances, Other
  • Flooring: Tile
  • Living Area: 2797

Exterior Features

  • Exterior Features: None
  • Interior Amenities: None
  • Fencing: None
  • Home Warranty: No
  • Construction Type: Brick, Siding
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Parking Features: No Carport, No Garage

Utilities

  • Laundry Features: Laundry Closet
  • Cooling: Central Air, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Elementary School: Bryan
  • High School: Veterans Memorial H.S.
  • Junior High Dist: Mission ISD
  • Middle Or Junior School: Mission Junior High

Lot Info

  • Lot Size Sq Ft: 11251.9836
  • Parcel #: M520000201001100

Building Info

  • Buildings: 1

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3748

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 5
  • Annual Gross Income: 15610
  • Insurance Expense: 1618

Map

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Source: Public Records

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
Source: Greater McAllen Association of REALTORS®

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
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $72,000 Seller Take Back
Source: Public Records

Source: Greater McAllen Association of REALTORS®

MLS Number: 473676

Greater McAllen Association of REALTORS®

APN: M5200-00-201-0011-00

Texas Hidalgo County Mission 78572

116 E 13th St, Mission, TX

For Sale

MultiFamily

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Greater McAllen Association of REALTORS® The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Greater McAllen Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Jacob Galvan
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Ursa Real Estate
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