7723 Chihuahua Road

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7723 Chihuahua Road

Mission, TX 78542
Asking Price
Contact for price
Asset Type
Residential Land
Class
Class B

AI Property Summary

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

  • The parcel spans exactly one acre of residential land.
  • Located at 7723 Chihuahua Road in the city of Mission.
  • Site offers potential for diverse residential development projects.
  • Property is positioned within a growing Rio Grande Valley market.
  • Land serves as a foundation for new housing construction.

What's Special

This one-acre parcel of residential land sits at 7723 Chihuahua Road in Mission, Texas. The property provides a blank canvas for residential development within a growing community in the Rio Grande Valley. Mission remains a key area for regional growth, benefitting from its proximity to established infrastructure and the broader economic activity defining the border region. The site layout accommodates various residential project designs, making it suitable for private development or speculative building. Developers and investors should consider the utility access and land accessibility to align with local zoning requirements. As the surrounding market continues to see steady demand for housing, this site offers a position for projects aimed at local residents seeking new construction in this expanding metropolitan submarket.

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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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