3803 Clavel Street, Palmview, TX 78572

$495,000
8,038
SqFt

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List Price
$495,000
Status
ACTIVE
MLS#
496269
Living Area
8,038
Lot Size (Acres)
0.2677
Year Built
1999

Property Description

Income-Producing 8-Plex! Well-maintained property featuring eight 2-bedroom, 1-bath units with strong tenant demand. Seven units are currently leased, with Unit #8 vacant and ready to show. Each unit offers tile flooring throughout, all-wood cabinetry, and included kitchen appliances. Property includes individual water and electric meters, with tenants paying all utilities. Landlord expenses are minimal, limited to landscaping and dumpster service (approx. $300/month). Ample parking with 16 covered spaces (two per unit). Conveniently located right off Expressway 83 / W Interstate Hwy 2 and near Cesar E. Chavez Middle School, providing easy access for commuters. Rental increases up to $795/month can be implemented on three units within the next 2–4 months, offering immediate upside. Ideal for investors seeking steady cash flow and future growth potential.

Additional Information

Area
Palmview
Subdivision
Taurus Estates #4
Taxes
$15,950
Tax Year
2025
Stories
2
Interior Features
Ceiling Fan(s), Split Bedrooms, Walk-In Closet(s)
Amenities
Curbs, Other, Sidewalks, Street Lights
Living Area
8,038
Exterior Features
Mature Trees, Other
Community Features
Curbs, Other, Sidewalks, Street Lights
Lot Size
11,661
Heating
Central, Electric
Cooling
Central Air, Electric
Sewer
City Sewer
School District
La Joya ISD
Elementary School
Flores
Middle School
Chavez
High School
Palmview H.S.

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Joshua I. Benavides with Big Realty