608 N Bentsen Palm Drive, Palmview, TX 78574

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List Price
$595,000
Status
PENDING
Price Change
▼ $5,000 1773416071
MLS#
491817
Year Built
1996
Living Area
9,276
Lot Size
84,942
Acres
1.95
Subdivision
Bentsen Groves
MLS Area Major
Palmview

Property Description

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!

Additional Information

Amenities
None
Interior Features
Ceiling Fan(s)
Exterior Features
None
Taxes
$15,131
Appliances
Electric Water Heater, No Conveying Appliances
Heating
Central
Air Conditioning
Central Air
Stories
1
Foundation
Slab
Parking Features
No Carport, No Garage
School District
La Joya ISD
Elementary School
Reyna
Middle School
Garcia
High School
Carter H.S.

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Cecilia Olivarez with Hch Realty