$725,000

307 N Moorefield Rd Mission, TX 78572

Estimated payment $5,387/month

Total Views 3,438
-- Bed
-- Bath
7,200 Sq Ft
$101 Price per Sq Ft

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Tile Flooring

About This Home

Great investment opportunity located in a great location with 8 apartments. The property has one 4-plex that was built in 2000 and another 4 plex built in 1997 totaling 8 units (7,200 SF). All units are 2bedroom/1bath approximately 940 SF (according to HCAD). If you are an investor looking to purchase a great income producing property, look no further! The subject site totals 1 acre with additional space to build more units in the future. Each unit is individually metered. You don't want to miss out on this great opportunity! Call today for information before this property is gone!

Listing Agent

Daniel Chapa

Dillard And Chapa Real Estate Listed on: 03/07/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,501

Year Built

  • Built in 1997

Lot Details

  • 1 Acre Lot

Parking

  • 16 Carport Spaces

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 7,200 Sq Ft Home
  • 1-Story Property
  • Stove

Flooring

  • Tile
  • Vinyl Plank

Schools

  • Camarena Elementary School
  • Memorial Middle School
  • Palmview High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number E506000000000400

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 8 Units
  • El Dorado Heights Subdivision

Building Details

  • Insurance Expense $3,000
  • Maintenance Expense $100
  • Gross Income $6,150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,501

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Directions: From Conway Ave, West on Griffin Parkway ( FM 495 ), turn south on Moorefield Rd ( no sign ).
  • Year Built: 1997
  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.0013
  • Road Surface Type: Paved
  • Subdivision Name: El Dorado Heights
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Other
  • Building Stories: 1
  • GMAR_Escrow: 7000
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Refrigerator, Stove/Range
  • Flooring: Tile, Vinyl
  • Living Area: 7200

Exterior Features

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

Garage/Parking

  • Carport Spaces: 16
  • Covered Parking Spaces: 16
  • Parking Features: Other Garage or Carport
  • Total Parking Spaces: 16

Utilities

  • Laundry Features: None
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Other
  • Association: No

Schools

  • Elementary School: Camarena
  • High School: Palmview H.S.
  • Junior High Dist: La Joya ISD
  • Middle Or Junior School: Memorial

Lot Info

  • Lot Size Sq Ft: 43616.1924
  • Parcel #: E506000000000400
  • ResoLotSizeUnits: Acres

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 16501

Multi Family

  • Number Of Units In Community: 8
  • Number Of Units Total: 8
  • Annual Gross Income: 6150
  • Insurance Expense: 3000

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
2024 $16,501 $654,347 $133,029 $521,318
2023 $15,173 $610,000 $133,029 $476,971
2022 $7,038 $259,893 $66,514 $193,379
2021 $5,853 $217,728 $66,514 $151,214
2020 $5,908 $217,728 $66,514 $151,214
2019 $5,627 $207,360 $66,514 $140,846
2018 $4,987 $183,326 $66,514 $116,812
2017 $5,227 $193,215 $43,616 $149,599
2016 $4,253 $157,192 $43,616 $113,576
2015 $3,503 $152,281 $43,616 $108,665
2014 $3,503 $157,011 $45,797 $111,214
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2025 03/07/25 For Sale $725,000 -- $101 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed -- San Jacinto Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $475,000 New Conventional
Source: Public Records

Source: Greater McAllen Association of REALTORS®

MLS Number: 464612

Greater McAllen Association of REALTORS®

APN: E5060-00-000-0004-00

Texas Hidalgo County Mission 78572

307 N Moorefield Rd, Mission, TX

This home is located at 307 N Moorefield Rd, Mission, TX 78572 and is currently priced at $725,000, approximately $100 per square foot. This property was built in 1997. 307 N Moorefield Rd is a home located in Hidalgo County with nearby schools including Enrique Kiki Camarena Elementary School, La Joya Isd Head Start Program, and Memorial Middle School.

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.

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.

Information deemed reliable but not guaranteed.

Copyright 2025 Greater McAllen Association of Realtors. All rights reserved.

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Daniel Chapa
Listing Agent
Daniel Chapa
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Dillard And Chapa Real Estate
(956) 477-1662