3304 N Palm Leaf Circle, Mission, TX 78574

$340,000
4,652
SqFt

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List Price
$340,000
Status
ACTIVE
MLS#
502014
Year Built
2005
Living Area
4,652
Lot Size
25,226
Acres
0.58
Subdivision
Basham
MLS Area Major
Mission

Property Description

Excellent value-add multifamily opportunity in Mission, TX! This 7-unit property offers immediate income potential with room to increase returns through strategic improvements. The asset features a functional layout, ample on-site parking, and a spacious lot with flexibility for future enhancements. Investors will appreciate the opportunity to boost revenue through interior updates, improved tenant amenities, and operational efficiencies. The property lends itself well to adding features such as a shared laundry facility, covered parking or carports, and enhanced outdoor common areas like shaded seating or grilling spaces to support rent growth and retention. The lot also offers potential to expand or reconfigure parking, increasing overall usability and appeal. Conveniently located near schools, retail, and major roadways, this property is well-positioned for strong cash flow and long-term appreciation.

Additional Information

Amenities
Gated
Interior Features
Ceiling Fan(s)
Exterior Features
Mature Trees
Taxes
$7,767
Appliances
Electric Water Heater, Refrigerator, Stove/Range
Heating
Central
Air Conditioning
Central Air
Stories
2
Foundation
Slab
Parking Features
No Carport, No Garage, Other Garage or Carport
School District
Mission ISD
Elementary School
Kika De la Garza
Middle School
La Joya Palmview
High School
Palmview H.S.

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Calculator source: Real Geeks

Listing courtesy of Rebeca Bermudez with Tnt Real Estate