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3000 E Coby

Mission, TX 78574
  • $1,100,000
  • STATUS: Active
  • ON SITE: 100 Days
  • MLS #: 388654
UPDATED: 33 min ago
$1,100,000
  • 0
    BEDS
  • 1.01
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,391
    SQFT
  • $131
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2003
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

100% OCCUPIED 12 unit property in MISSION. Rents are under market value there is room to increase rents. 6 of the units out of the 12 units, have been updated with new granite or porcelain countertops, paint, appliances, fixtures. Each unit has a private backyard surround by a wooden fence, so tenants can entertain or have a bbq. The location of rental units are near schools, shops, and highway. There are not many rental properties in the area so there is a high demand on the property. There is POSITIVE CASH FLOW even with the increase in interest rates.

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© 2022 Greater McAllen Association of Realtors Multiple Listing Service.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Jinks Realty. Data last updated: 2022-12-02T18:16:46.647.
www.jinksrealty.com/homes/132399555
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3000 E Coby Mission, TX 78574

  • Price: $1,100,000
  • Status: Active
  • On Site: 100 Days
  • Updated: 33 min ago
  • MLS #: 388654
0
Beds
0
Baths
0
½ Baths
1.01
Acres
8,391
SQFT
$131
$/SQFT
2003
Built
Neighborhood:
Kenwood Estates
County:
Hidalgo
Area:
Mission
Elementary School:
Diaz-Villarreal
Middle School:
Trevino
High School:
Juarez-Lincoln H.S.
School District:
Mission Isd
Property Description
100% OCCUPIED 12 unit property in MISSION. Rents are under market value there is room to increase rents. 6 of the units out of the 12 units, have been updated with new granite or porcelain countertops, paint, appliances, fixtures. Each unit has a private backyard surround by a wooden fence, so tenants can entertain or have a bbq. The location of rental units are near schools, shops, and highway. There are not many rental properties in the area so there is a high demand on the property. There is POSITIVE CASH FLOW even with the increase in interest rates.
Exterior Features

Carport Spaces 0 Carport YN No Construction Materials BlockStucco Covered Spaces 0 Exterior Features Mature Trees Fencing Chain LinkPrivacyWood Foundation Details Slab Garage YN No Lot Features Corner LotMature Trees Other Structures Outbuilding (None) Parking Features Other Garage Or Carport Parking Total 0 Pool YN No Road Surface Type CalichePaved Roof Composition Shingle

Interior Features

Appliances Electric Water HeaterWater Heater (Other Location)Electric CooktopRefrigerator Cooling Central AirElectricHeat Pump Cooling YN Yes Flooring Tile Heating CentralElectricHeat Pump Heating YN Yes Interior Features Ceiling Fan(S) Laundry Features Laundry AreaWasher/Dryer Connection

Property Features

Association YN No Community Features Gated Green Energy Efficient Thermostat Maintenance Expense 0 Other Expense 7800 Property Sub Type Apartment Security Features Smoke Detector(S) Sewer Septic Tank Tax Annual Amount 8975 Tax Year 2021 Utilities Cable Available Water Source Public

Listing by Geetha Stockton of Jp & Associates Realtors - Modern Living: 956-800-5257.
© 2022 Greater McAllen Association of Realtors Multiple Listing Service.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Jinks Realty. Data last updated: 2022-12-02T18:16:46.647.
 
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916 West Nolana Loop, Suite A
Pharr TX, 78577