1316 S Xanthia Street

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1316 S Xanthia Street

Mission, TX 78572
Asking Price
$540K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Four-unit multifamily apartment building available for purchase
  • Located in the city of Mission within Texas
  • Priced at an asking amount of 540000 dollars
  • Strategically situated in the active Rio Grande Valley region
  • Suitable asset for residential income generation and management

What's Special

Mission serves as a key component of the broader Rio Grande Valley economy, benefiting from its proximity to regional trade hubs and a steady population base. This multifamily asset consists of four individual units, offering a straightforward addition to an investment portfolio. The property provides a residential housing option suitable for long-term rental income in a growing Texas market. Owners can capitalize on the consistent demand for apartment units in this region, which remains supported by the area's diverse employment landscape and ongoing infrastructure development. The building is positioned to cater to local workforce housing needs, presenting a functional layout for property management and tenant retention. Its scale allows for efficient oversight while maintaining a presence in the competitive multifamily segment of the local real estate market.

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NOI
$80,000
Cap Rate
14.81%
DSCR
2.50
Strong
Cash-on-Cash
29.59%
Monthly Payment
$2,671.625
Annual Cash Flow
$47,940.496

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