1320 Doherty Ave Mission, TX 78572
Estimated payment $2,926/month
Highlights
- Corner Lot
- Laundry closet
- Central Heating and Cooling System
- No HOA
- Tile Flooring
- Ceiling Fan
About This Home
Come see this well-located 8-plex at 1320 Doherty Avenue, just a short walk or bike ride from N. Conway Avenue in Mission. Mission, Texas represents a robust investment market, driven by an increase of new residents and high demand for rental units. This income producing apartment building consistently achieves high occupancy due to its attractive design and strategic location near schools and employment. Additionally, there's clear room for rental increases, presenting a compelling value-add opportunity. With its prime location, strong market demand, and appealing design, this investment property is a smart choice for any investor.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,447
Year Built
- Built in 1974
Lot Details
- 0.34 Acre Lot
- Corner Lot
Home Design
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
- Metal Roof
Interior Spaces
- 5,434 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Tile Flooring
Laundry
- Laundry closet
- Washer and Dryer Hookup
Parking
- 12 Carport Spaces
- No Garage
Schools
- Castro Elementary School
- Mission Junior High
- Mission High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number M520000217000100
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
- Mission Original Townsite Subdivision
Building Details
- Insurance Expense $3,546
- Maintenance Expense $2,500
- Gross Income $34,215
Map
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 | $6,447 | $265,969 | $135,000 | $130,969 |
| 2024 | $6,447 | $250,914 | $135,000 | $115,914 |
| 2023 | $6,297 | $248,430 | $67,500 | $180,930 |
| 2022 | $6,025 | $236,600 | $67,500 | $169,100 |
| 2021 | $5,264 | $203,605 | $67,500 | $136,105 |
| 2020 | $4,801 | $180,250 | $63,750 | $116,500 |
| 2019 | $4,775 | $175,000 | $52,500 | $122,500 |
| 2018 | $4,805 | $175,000 | $52,500 | $122,500 |
| 2017 | $4,800 | $173,054 | $52,500 | $120,554 |
| 2016 | $3,226 | $116,296 | $35,700 | $80,596 |
| 2015 | $2,511 | $109,846 | $33,075 | $76,771 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/17/2025 06/17/25 | For Sale | $450,000 | -- | $83 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | -- | Security Land Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $103,000 | Purchase Money Mortgage |
Source: Greater McAllen Association of REALTORS®
MLS Number: 473603
APN: M5200-00-217-0001-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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