705 Thompson Rd
Mission, TX 78573
Home Highlights
HOA
$20/Monthly
Listed
21 days ago
Local Information
-- mins to
About this House
Prime Multifamily Development Lot – Fourplex Zoned & Ready! Attention builders and investors: secure this exceptional lot perfectly positioned at 705 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!
Home Details for 705 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: 21 |
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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: G390500000000500 |
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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: 496441 |
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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: 9596.268 sqft |
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Mls Number: 496441 |
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CurbsStreet Lights |
Last check for updates: about 5 hours ago
Listing courtesy of Gilberto Gutierrez, (956) 534-4200
Homestead Realty
Source: Greater McAllen AOR, MLS#496441
Also Listed on Greater McAllen AOR.
Market trends in Mission
Last updated June 2026
Avg. sale price
$244K
$7.1KMoM
Sale-to-List Price
97.6%
0.5%MoM
Price per sq ft
$136
$3MoM
Available listings
485
10MoM
Price History for 705 Thompson Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 07/07/2026 | $125,000 | Listed For Sale | Greater McAllen AOR #496441 |
| 06/14/2026 | $128,000 | ListingRemoved | Greater McAllen AOR #496441 |
| 05/10/2026 | $128,000 | PriceChange | Greater McAllen AOR #496441 |
| 02/21/2026 | $125,000 | Listed For Sale | Greater McAllen AOR #496441 |
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Property Tax and Assessment
| Year | 2025 |
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| Tax | $947 |
| Assessment | $81,077 |
Home facts updated by county records
Comparable Sales for 705 Thompson Rd
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 | - | - | ||
0.23 | Lot/Land | - | 08/14/25 | - | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 705 Thompson Rd.
What Locals Say about Mission
At least 318 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.
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.
705 Thompson Rd, Mission, TX 78573 is a lot/land. This property is currently available for sale and was listed by Greater McAllen AOR on Jul 7, 2026. The MLS # for this home is MLS# 496441.

