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$1,600,000
504212 MLS ⋅ Palm Acres Estate SubDv. ⋅ PENDING Status
Excellent multifamily investment opportunity in Palmview, TX. This fully occupied income producing property features 20 units, each offering 2 bedrooms and 1 bathroom. Conveniently located near shopping, restaurants, schools, and major roadways, this property offers strong rental potential in a rapidly expanding area of the Rio Grande Valley. The property presents an excellent opportunity for investors seeking steady cash flow, long-term appreciation, and a well positioned multifamily asset. Don’t miss the chance to add this fully occupied investment property to your portfolio. Call today for additional information or to schedule a private showing.

221 Mile 1 ¼ N Drive, Palmview
$495,000
496269 MLS ⋅ Taurus Estates #4 SubDv. ⋅ ACTIVE Status
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.

3803 Clavel Street, Palmview
$595,000
491817 MLS ⋅ Bentsen Groves SubDv. ⋅ PENDING Status
Discover a prime investment opportunity in Palmview, TX! This 12-unit apartment complex is perfectly located on a generous 1.95-acre lot, less than 0.3 miles from Hwy 83, ensuring access to local amenities in Mission and McAllen, TX. Each apartment offers comfortable living spaces that promote high occupancy rates, making this property an excellent addition to your investment opportunity portfolio. The current setup features all residential units in the back, while the front portion is ripe for potential rezoning to commercial use. Imagine constructing a vibrant commercial plaza that caters to the community's needs while enjoying steady residential income. With ample space available for further development, this property presents an ideal chance for forward-thinking investors to tap into the growing demands to tap into the growing demands for mixed-use spaces in the area. Don't miss this fantastic opportunity to own a versatile piece of real estate in a thriving Texas market!

608 N Bentsen Palm Drive, Palmview
$399,000
491334 MLS ⋅ El Barquito SubDv. ⋅ ACTIVE Status
JUST REDUCED! NICE 5PLEX FOR SALE, 2 UNITS ARE STUDIOS (OPEN CONCEPT) EACH ONE FULL BATHROOM, 2 UNITS ARE 1 BEDROOM, 1 BATH, & 1 UNIT IS 2 BEDS, 1 BATH, MONTHLY RENT INCOME IS $3,650+, BIG 0.75 (3/4) ACRE LOT, ROOM FOR ONE MORE BUILDING, INCLUDES 8 SECURITY CAMERAS WITH SALE, AC MINI SPLITS IN EVERY UNIT, RENT INCLUDES WATER & TRASH COLLECTION, TENANTS PAY FOR ELECTRICITY WITH EACH UNIT HAS AN ELECTRIC METER. 5PLEX WELL LOCATED IN A CORNER LOT ON ABRAMS RD & EL BARQUITO ST. PALMVIEW, TX. QUICK ACCESS TO EXP 83, AND CLOSE TO HEB, FOOD ESTABLISHMENTS, AND MANY MORE! BUILDING & UNITS ARE IN GOOD CONDITION, GOOD INVESTMENT OPPORTUNITY, INCOME PRODUCING PROPERTY! CAP RATE @ 7.5%.

2701 El Barquito Drive, Palmview
$935,000
490594 MLS ⋅ Divina Misericordia SubDv. ⋅ ACTIVE Status
Built in 2023, this modern 12-unit apartment complex offers a prime location less than a quarter-mile from Expressway I-2/Hwy 83, providing tenants with easy access to shopping, dining, and entertainment in Mission and McAllen. The property consists of two single-story buildings with six units each, featuring a total of seven 2-bedroom/1-bathroom apartments and five 1-bedroom/1-bathroom apartments. Each unit is thoughtfully designed with granite countertops, tile flooring, and a full suite of appliances, including a stove, refrigerator, microwave, and in-unit washer and dryer. Tenants will also enjoy the convenience of two covered parking spaces per unit. With its excellent location, modern amenities, and high-quality construction, this property is a standout investment opportunity. Ask about seller financing!

1306 Royola Street, Palmview
$575,000
480251 MLS ⋅ White Stone Villas SubDv. ⋅ ACTIVE Status
Fully completed and income-producing fourplex located in the White Stone Villas subdivision. The property features four spacious units, including two 2-bedroom/2-bath units and two 3-bedroom/2-bath units, each designed with functional floor plans for comfortable living. The exterior showcases a modern combination of stone and brick consistent with other recently completed properties in the community. Three units are currently leased, providing immediate rental income, while one remaining unit move-in ready and available for occupancy or additional leasing. This property presents a great opportunity for investors seeking a newly constructed multi-family property with immediate cash flow potential.

3707 Chapa Avenue, Palmview
$565,000
480113 MLS ⋅ White Stone Villas SubDv. ⋅ ACTIVE Status
Newly completed fourplex located in the White Stone Villas subdivision. The property features four units, including two 2-bedroom/2-bath units and two 3-bedroom/2-bath units, each offering spacious floor plans designed for comfortable living. The exterior showcases a modern stone and brick design consistent with other recently completed homes in the community. All units are currently leased, providing immediate rental income. This property offers an excellent opportunity for investors seeking a newly constructed multi-family property with income potential and minimal maintenance.

3801 Chapa Avenue, Palmview
$690,000
464612 MLS ⋅ El Dorado Heights SubDv. ⋅ ACTIVE Status
Great investment opportunity located in a great location with 8 apartments. The property has one 4-plex that was built in 2000 and another 4 plex built in 1997 totaling 8 units (7,200 SF). All units are 2bedroom/1bath approximately 940 SF (according to HCAD). If you are an investor looking to purchase a great income producing property, look no further! The subject site totals 1 acre with additional space to build more units in the future. Each unit is individually metered.

307 N Moorefield Road, Palmview