For Sale
$335,500

2000 Circle DrMission, TX 78572

Fully Leased Triplex, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional three-unit apartment building presents a compelling investment opportunity in the desirable Mission, Texas market. Built in 2006, the property sits on a generous 8,451 square foot lot and comprises a single building. The unit mix offers a diverse tenant base with two two-bedroom, two-bathroom units and one one-bedroom, one-bathroom unit, ensuring consistent rental income. Currently 100% leased, this triplex provides immediate cash flow for the savvy investor. Located in a highly sought-after neighborhood, the property enjoys proximity to parks, excellent schools, and convenient access to the expressway, making it highly attractive to renters. The area's former association with a golf course community adds to its appeal, with a nearby tennis court and scenic bike trails enhancing the lifestyle. This property offers a 7% capitalization rate, making it a strong addition to any investment portfolio. The address is 2000 Circle Drive, Mission, TX 78572. This is a turnkey investment ready for immediate income generation. The property's location in Hidalgo County provides access to a thriving community and strong rental market. Don't miss this chance to acquire a well-maintained, income-producing asset in a prime location.

Highlights

  • Asking price: $335,500
  • Three-unit triplex in Mission, TX, built in 2006
  • Located on an 8,451 sq ft lot
  • Features two 2/2 units and one 1/1 unit
  • 100% occupied with stable cash flow and a 7% cap rate.

Property Details for 2000 Circle Dr

Property type
Apartment buildings, Small apartment buildings
Year Built
2006
Buildings
1
Units
3

Location Insight

City
Mission
County
Hidalgo
State
Texas
Latitude
26.1973819
Longitude
-98.3520355
2000 Circle Dr, Mission, Texas

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2000 Circle Dr
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