Home Highlights
Lot/Land
HOA $20/mo
Local Information
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About this House
Prime Multifamily Development Lot – Four plex Zoned & Ready! Attention builders and investors: secure this exceptional lot perfectly positioned at 703 Thompson Rd in Mission, TX. Zoned for multifamily use and sitting directly across the street from Escobar Rios Elementary School, this clear, flat, and turnkey plot is located in a high-demand rental corridor heavily driven by dense multifamily housing. City utilities are available making this a seamless, ground-up development opportunity for an investor looking to construct a high-yield fourplex asset. Available for a clean cash sale at $125,000, this property offers an elite chance to build and capture massive rental equity in a rapidly growing sub-market. Act fast—bring your builder and submit your cash offer today before this prime development site is gone!
Last check for updates: about 8 hours ago
Listing courtesy of Gilberto Gutierrez, (956) 534-4200
Homestead Realty
Source: Greater McAllen AOR, MLS#496444
Also Listed on Greater McAllen AOR.
Home Details for 703 Thompson Rd
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Appliances & Utilities Utilities: Cable Connected, City Garbage, Electricity Connected, Water Connected, Sewer Connected |
Gas & Electric Has Electric on Property |
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Exterior Home Features Fencing: Wood |
Frontage Road Frontage: City StreetRoad Surface Type: Paved |
Water & Sewer Sewer: Public Sewer |
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Days on Market: 180+ |
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Property Type / Style Property Type: LandProperty Subtype: Residential Lot, Unimproved Land |
Building Does Not Include Home Warranty |
Property Information Usage of Home: OtherParcel Number: G390500000000600 |
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Price List Price: $125,000 |
Status Change & Dates Possession Timing: Closing and Funding, Close Of Escrow |
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MLS Status: Active |
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Direction & Address City: MissionCommunity: Gilberto Gutierrez |
School Information Elementary School: EscobarElementary School District: Mission ISDJr High / Middle School: White Junior HighJr High / Middle School District: Mission ISDHigh School: Veterans Memorial H.S.High School District: Mission ISD |
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Listing Agent Listing ID: 496444 |
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Community Features: Curbs, Street Lights |
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HOA Name: TbdHas an HOAHOA Fee: $20/Monthly |
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Lot Area: 9670.32 sqft |
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Mls Number: 496444 |
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CurbsStreet Lights |
Around this home
What Locals Say about Mission
At least 319 Trulia users voted on each feature.
82 % Say parking is easy
80 % Say yards are well-kept
79 % Say there's holiday spirit
78 % Say car is needed
68 % Say it's dog friendly
66 % Say it's quiet
66 % Say there are sidewalks
60 % Say people would walk alone at night
58 % Say streets are well-lit
57 % Say kids play outside
55 % Say they plan to stay for at least 5 years
44 % Say neighbors are friendly
29 % Say it's walkable to restaurants
29 % Say it's walkable to grocery stores
27 % Say there are community events
25 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
Market trends in Mission
Last updated July 2026
Avg. sale price
$239K
$2.72KMoM
Sale-to-List Price
97.8%
0.2%MoM
Price per sq ft
$135
$1MoM
Available listings
494
9MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.43 | Lot/Land | - | 11/26/25 | - | - | ||
0.43 | Lot/Land | - | 11/26/25 | - | - | ||
0.43 | Lot/Land | - | 11/26/25 | - | - | ||
0.43 | Lot/Land | - | 11/26/25 | - | - | ||
0.43 | Lot/Land | - | 11/26/25 | - | - | ||
0.48 | Lot/Land | - | 04/27/26 | - | - | ||
0.48 | Lot/Land | - | 04/10/26 | - | - | ||
0.47 | Lot/Land | - | 07/17/26 | - | - | ||
0.49 | Lot/Land | - | 07/17/26 | - | - | ||
0.58 | Lot/Land | - | 08/11/26 | - | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.00 | $125,000 | - | - | - | For Sale | |
0.09 | - | 8 | 8 | 4,116 | Off Market | |
0.10 | $536,200 | 8 | 8 | 3,840 | Off Market | |
0.11 | $522,800 | 8 | 8 | 3,840 | Off Market | |
0.11 | $535,100 | 8 | 8 | 4,116 | Off Market | |
0.10 | $534,100 | 8 | 8 | 4,116 | Off Market | |
0.11 | $505,100 | 8 | 8 | 4,116 | Off Market | |
0.12 | $519,000 | 8 | 8 | 4,136 | For Sale | |
0.13 | $523,100 | 4 | 4 | 4,116 | Off Market | |
0.08 | - | 3 | 2 | 1,112 | Recently Sold | |
0.08 | $169,000 | 3 | 2 | 1,210 | For Sale |
Price and Tax history
| Date | Event | Price |
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Feb 21, 2026 Source: Greater McAllen AOR #496444 | Listed For Sale | $125,000 |
| Year | Property tax | Tax assessment |
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| 2025 | $954 | $81,726 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Gilberto Gutierrez, Homestead Realty
Agent Phone: (956) 534-4200
Listing information is deemed reliable, but not guaranteed.
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Frequently asked questions about 703 Thompson Rd
- How big is 703 Thompson Rd?703 Thompson Rd in Mission, TX is about 0.22 acres (9,670 sq ft).
- What is the price per acre for 703 Thompson Rd?703 Thompson Rd in Mission, TX is listed at $125,000, or about $565K per acre.
- What do residents say about Mission?Residents describe Mission, TX as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See homes for sale in Mission, TX.
- What are the closest schools to 703 Thompson Rd?The closest schools to 703 Thompson Rd in Mission, TX are Alton Memorial Jr High School (rated 4/10), Hilda C Escobar/Alicia C Rios Elementary School (Pre-K, rated 4/10), Mission High School (rated 3/10).
703 Thompson Rd, Mission, TX 78573 is a lot/land. This property is currently available for sale and was listed by Greater McAllen AOR on Feb 21, 2026. The MLS # for this home is MLS# 496444.

