$1,100,000
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14,560 SqFt
SOLD DATE : 07/09/2021
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 14,560 sqft
Subdivision Palm Acres Estate
MLS Listing ID 353018
Sold Date 07/09/21
HOA Y/N No
Year Built 1992
Annual Tax Amount $15,947
Tax Year 2021
Lot Size 2.690 Acres
Acres 2.6904
Property Sub-Type Apartment
Source Greater McAllen
Property Description
Incredible income producing property!!! Located in a growing community in Palmview just minutes away from many businesses and restaurants this income producing property features 20 units. Each unit has 2 bedrooms, 1 bathroom and have been gradually remodeled and updated over the last 5 years. In 2016 roof was replaced on all 3 buildings and in 2020 all units have had fresh paint, new faucets, appliances, ceiling fans, etc. Approximately 50% of the entire complex has tile flooring and the other 50% have linoleum flooring. Don't miss out on this great investment deal! Call me today for more information and to schedule your viewing appointment.
Location
State TX
County Hidalgo
Rooms
Other Rooms Outbuilding (None)
Interior
Interior Features Ceiling Fan(s)
Heating Electric
Cooling Electric
Flooring Other, Tile
Appliance Electric Water Heater, Electric Cooktop, Refrigerator
Laundry Laundry Area
Exterior
Exterior Feature None
Carport Spaces 20
Fence None
Community Features None
View Y/N No
Roof Type Shingle
Total Parking Spaces 20
Garage No
Building
Lot Description Irregular Lot
Faces From Expressway 83 exit Bentsen Palm Rd, go north on Bentsen Palm Rd to Mile 1 1/4/Rio Palm St, turn right. Property will be on the right at end of street.
Story 1
Foundation Slab
Sewer City Sewer
Structure Type Stucco
New Construction No
Schools
Elementary Schools Reyna
Middle Schools Garcia
High Schools Palmview H.S.
Others
Tax ID P030000000001400
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