2513 E Mile 6 Road

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2513 E Mile 6 Road

Mission, TX 78573
Asking Price
Contact for price
Asset Type
Residential Land
Class
Class B

AI Property Summary

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

  • Residential land parcel spanning 2.88 acres in Mission, Texas.
  • Property is situated at 2513 E Mile 6 Road in 78573.
  • Located within the steadily growing Rio Grande Valley regional market.
  • Suitable for private home development or multi-unit residential projects.
  • Strategic site positioned for potential subdivision or long-term investment.

What's Special

Mission serves as a key agricultural and residential hub within the Rio Grande Valley of South Texas, benefiting from a steadily expanding regional economy. This 2.88-acre residential land parcel at 2513 E Mile 6 Road provides a straightforward development footprint in a growing suburban landscape. With its accessible position in the 78573 zip code, the site is well-positioned for individual residential construction or subdivided housing projects designed to support the local workforce and regional population growth. The property provides sufficient acreage to accommodate various residential site plans while maintaining proximity to essential transit corridors and community infrastructure. Given the character of the surrounding Mission area, this land represents a practical acquisition for developers or private investors seeking to capitalize on the region’s increasing demand for residential inventory.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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