$125,000

705 Thompson Rd Alton, TX 78573

Alton Area

Estimated payment $812/month

Total Views 1,577
0.22 Acres
$567,408 Price per Acre
9,594 Sq Ft Lot

About This Lot

Prime Multifamily Development Lot – Fourplex Zoned & Ready! Attention builders and investors: secure this exceptional lot perfectly positioned at 705 Thompson Rd in Mission, TX. Zoned for multifamily use and sitting directly across the street from Escobar Rios Elementary School, this clear, flat, and turnkey plot is located in a high-demand rental corridor heavily driven by dense multifamily housing. City utilities are available, making this a seamless, ground-up development opportunity for an investor looking to construct a high-yield fourplex asset. Available for a clean cash sale at $125,000, this property offers an elite chance to build and capture massive rental equity in a rapidly growing sub-market. Act fast—bring your builder and submit your cash offer today before this prime development site is gone!

Listing Agent

Gilberto Gutierrez

Homestead Realty Listed on: 02/21/2026

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,266

Lot Details

  • 9,594 Sq Ft Lot
  • Wood Fence

HOA Fees

  • $20 Monthly HOA Fees

Schools

  • Escobar Elementary School
  • White Junior High
  • Veterans Memorial High School

Utilities

  • Cable TV Available

Community Details

  • Gilberto Gutierrez Subdivision

Listing and Financial Details

  • Assessor Parcel Number G390500000000500

Property Details

Property Type

Land

Est. Annual Taxes

$1,266

Lot Details

9,594 Sq Ft Lot

HOA Fees

$20 per month

Listing Details

  • Directions: From the expressway and Conway go North. Turn West on 2 mile line. Turn North on Trosper Rd. Turn East on Thompson Rd. which is in front of Escobar Rios Elementary. Property is at the end of the road on the South side.
  • Property Sub Type: Residential Lot
  • Prop. Type: Land
  • Lot Size Acres: 0.2203
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Gilberto Gutierrez
  • Special Features: None

Interior Features

  • Possible Use: Other

Exterior Features

  • Fencing: Wood
  • Lot Features: Curb & Gutters
  • Home Warranty: No

Utilities

  • Utilities: Cable Connected, City Garbage, Electricity Connected, Water Connected, Sewer Connected
  • Electricity On Property: Yes
  • Sewer: City Sewer
  • Water Source: Public, City
  • Water Comments: None

Condo/Co-op/Association

  • Community Features: Curbs, Street Lights
  • Amenities: Property Owners' Assoc.
  • Association Fee: 20
  • Association Fee Frequency: Monthly
  • Association Name: Tbd
  • Association: Yes

Schools

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

Lot Info

  • Current Use: Multi-Family
  • Lot Size Sq Ft: 9594.09
  • Parcel #: G390500000000500

Rental Info

  • Leased Rent Share: no

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 1266
  • Agriculture Tax Value: 81077

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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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
07/07/2026 07/07/26 Price Changed $125,000 0.0% --
07/07/2026 07/07/26 For Sale $125,000 -2.3% --
06/21/2026 06/21/26 Off Market -- -- --
05/10/2026 05/10/26 Price Changed $128,000 +2.4% --
02/21/2026 02/21/26 For Sale $125,000 -- --
Source: Greater McAllen Association of REALTORS®

Source: Greater McAllen Association of REALTORS®

MLS Number: 496441

Greater McAllen Association of REALTORS®

APN: G3905-00-000-0005-00

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