About 703 Thompson Road
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!
Features of 703 Thompson Road
| MLS® # | 496444 |
|---|---|
| Price | $125,000 |
| Square Footage | 9,671 |
| Acres | 0.22 |
| Type | Land |
| Sub-Type | Residential Lot |
| Status | Active |
Community Information
| Address | 703 Thompson Road |
|---|---|
| Subdivision | Gilberto Gutierrez |
| City | Mission |
| County | Hidalgo |
| State | TX |
| Zip Code | 78573 |
Amenities
| Utilities | Cable Connected, City Garbage, Electricity Connected, Water Connected, Sewer Connected |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Exterior
| Lot Description | Curb & Gutters |
|---|
School Information
| District | Mission ISD |
|---|---|
| Elementary | Escobar |
| Middle | White Junior High |
| High | Veterans Memorial H.S. |
Additional Information
| Date Listed | February 21st, 2026 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| HOA Fees | 20 |
| HOA Fees Freq. | Monthly |
Listing Details
| Agent | Gilberto Gutierrez |
|---|---|
| Office | Homestead Realty |
| Contact Info | 956-534-4200 |