332 & 334 W Loop 374 Highway

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332 & 334 W Loop 374 Highway

Mission, TX 78572
Asking Price
$275K
Asset Type
Residential Land
Class
Class B

AI Property Summary

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

  • Residential land available for sale in Mission, Texas
  • Total lot size measures approximately 0.459 acres
  • Offered at an asking price of $275,000
  • Located conveniently along W Loop 374 Highway
  • Strategic position within the growing Rio Grande Valley

What's Special

This residential land for sale in Mission, Texas, presents a functional acquisition for developers or individuals seeking to build in a growing regional market. Situated at 332 & 334 W Loop 374 Highway, the site comprises 0.459 acres of raw space. Mission sits within the Rio Grande Valley, a region defined by its expanding population and cross-border economic activity, providing a strategic foundation for residential development projects. The parcel is positioned to accommodate various housing configurations, making it a practical choice for investors focused on the local housing supply. Its placement along a primary thoroughfare offers connectivity to the wider metropolitan area, supporting accessibility for future residents. With its current zoning and physical footprint, the property serves as a viable candidate for custom residential construction or speculative residential development tailored to the increasing demand in the area.

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NOI
$80,000
Cap Rate
29.09%
DSCR
4.90
Strong
Cash-on-Cash
77.18%
Monthly Payment
$1,360.55
Annual Cash Flow
$63,673.401

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