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33497141
33497142

606 North Inspiration Road, Mission, TX 78572

MS
TX 617272
TNT Real Estate
Listed by TNT Real Estate
$650,000
21 days on market
Updated 21 days ago

606 North Inspiration Road

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,400
Net Rentable (SqFt) 6
Units 2
Cap Rate 6.00%
NOI $38,655
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 7.00%
Pro-Forma NOI $45,555
Price per SqFt $120
Class B
Year Built 2019
Year Renovated 2019
Buildings 4
Acreage 61500.000
Zoning RS

100% leased ,6 units with very limited competition from similar properties nearby

Marketing description

Investment Opportunity! Built in 2019, this modern 6-unit apartment property features six spacious 2-bedroom, 2-bathroom units designed for low maintenance and strong tenant appeal. Located in the growing Mile 5 and Inspiration Road area of Mission, these newer apartments face very limited competition from similar properties nearby, helping maintain consistently high demand. The property is currently 100% occupied, offering immediate cash flow and a proven rental history. A rare opportunity to own a newer multifamily asset in a strong rental market.

Investment highlights

Investment Opportunity! Built in 2019, this modern 6-unit apartment property features six spacious 2-bedroom, 2-bathroom units designed for low maintenance and strong tenant appeal. Located in the growing Mile 5 and Inspiration Road area of Mission, these newer apartments face very limited competition from similar properties nearby, helping maintain consistently high demand. The property is currently 100% occupied, offering immediate cash flow and a proven rental history.

Listing Contacts

MS
TX 617272
TNT Real Estate
Listed by TNT Real Estate

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$38,655.00
$3,221.25/mo

Valuation Metrics

0
DSCR
5.95%
Cap Rate
5.95%
ROI

Map

Zoning

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R-2 ResidentialSingle FamilySingle Family Residential Standard Lot
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Last updated Jan 14, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Monica Santos
License
617272
Brokerage Address
232 Lindberg Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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