3115 E Diamondhead Ave Mission, TX 78573
Palmhurst AreaEstimated payment $2,698/month
Highlights
- Landscaped Professionally
- Mature Trees
- No HOA
- Sharyland North Junior High School Rated A
- High Ceiling
- Double Pane Windows
About This Home
Turnkey | Fully Occupied Fourplex | BRAND NEW ROOF. --- offering immediate cash flow in a desirable location within walking distance of Jensen Elementary. This well-maintained property features four 2-bedroom, 2-bath units with current rental income of $3,400/month (A: $850, B: $850, C: $900, D: $800). Over $58,000 has been invested in recent improvements, including a brand-new roof, complete exterior repaint, security cameras, exterior lighting, cleaned A/C condenser units and dryer vents, new thermostats, new washers and dryers in Units B & D, and a fully renovated Unit D. Located on a street with newer multifamily properties, this investment offers stable occupancy, strong rental demand, low deferred maintenance, and future upside through market rent increases. A great opportunity for both seasoned and first-time investors.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,026
Year Built
- Built in 2007
Lot Details
- 9,558 Sq Ft Lot
- Privacy Fence
- Wood Fence
- Landscaped Professionally
- Irregular Lot
- Mature Trees
Home Design
- Quadruplex
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
Interior Spaces
- Walk-In Closet
- 3,640 Sq Ft Home
- 1-Story Property
- Crown Molding
- High Ceiling
- Ceiling Fan
- Double Pane Windows
- Tile Flooring
- Fire and Smoke Detector
Kitchen
- Stove
- Microwave
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Garage
- 8 Carport Spaces
- Rear-Facing Garage
Schools
- Jensen Elementary School
- Sharyland North Junior Middle School
- Sharyland Pioneer High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number E443500000002400
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
- El Milagro Estates Subdivision
Building Details
- Insurance Expense $2,000
- Maintenance Expense $3,480
- Gross Income $2,750
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/25/2026 07/25/26 | For Sale | $384,999 | -- | $106 / Sq Ft |
Source: Greater McAllen Association of REALTORS®
MLS Number: 506305
APN: E4435-00-000-0024-00
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Ask me questions while you tour the home.