103 Melba Carter Street

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103 Melba Carter Street

Mission, TX 78572
Asking Price
$260K
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Available for sale at 103 Melba Carter Street in Mission
  • The total property size encompasses 0.738 acres of land
  • The asking price for the parcel is set at $260,000
  • Mission is a key market within the Rio Grande Valley
  • Well suited for development projects in a growing regional economy

What's Special

This land parcel is available for sale, providing a strategic site for investors or developers seeking to establish a footprint in Mission, Texas. Spanning 0.738 acres, the property offers a clean canvas for various commercial or developmental applications within this growing region of the Rio Grande Valley. Its location in Mission benefits from the area's robust agricultural and trade-driven economy, supported by established infrastructure and proximity to major border trade corridors. The site is well-positioned for those looking to capitalize on the steady population growth and industrial expansion characterizing this segment of the Texas border market. Prospective buyers can evaluate the utility of this land for project planning, benefiting from the region's accessibility to regional highways and established business hubs. Whether considering a ground-up development or a long-term land holding strategy, this property presents a clear opportunity to acquire real estate in a functional and increasingly active municipal submarket. Local developers and commercial entities will find the site size and positioning suitable for a variety of project scopes.

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NOI
$80,000
Cap Rate
30.77%
DSCR
5.18
Strong
Cash-on-Cash
82.77%
Monthly Payment
$1,286.338
Annual Cash Flow
$64,563.942

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