1502 Diamond Avenue, Penitas, TX 78576
- $599,000
- 10,164
- SqFt
- List Price
- $599,000
- Status
- ACTIVE
- MLS#
- 505572
- Living Area
- 10,164
- Lot Size (Acres)
- 1.0049
- Year Built
- 2003
Property Description
Attention All Investors! Incredible investment opportunity to own a fully occupied/rented 8-plex listed at $59 per sqft.! Located just north of U.S. 83 (I-2), is a well maintained 8-plex in the thriving area of Penitas, TX, with a proven rental history and steady income generation. This property features seven spacious 2-bedroom/2-bath units and one 3-bedroom/2-bath unit, which are all currently occupied (leased), ensuring immediate cash flow. Conveniently located near major roadways, shopping centers, and dining options, this 8-plex offers both a prime location and exceptional value. Whether you're looking to expand your portfolio or make a solid investment, this property is a growing and excellent location. Hurry and take advantage of this fantastic opportunity before it's gone!
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Additional Information
- Area
- Penitas
- Subdivision
- Anadal
- Taxes
- $19,693
- Tax Year
- 2023
- Stories
- 1
- Interior Features
- Ceiling Fan(s)
- Amenities
- None
- Living Area
- 10,164
- Exterior Features
- None
- Community Features
- None
- Lot Size
- 43,773
- Heating
- Central, Electric
- Cooling
- Central Air, Electric
- Sewer
- City Sewer
- School District
- La Joya ISD
- Elementary School
- JFK
- Middle School
- Chavez
- High School
- La Joya H.S.
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Listing courtesy of Marisol Q. Morris with Real Estate Professionals