2701 EL BARQUITO DRIVE, PALMVIEW, TX 78572

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2701 El Barquito Drive

Palmview, TX 78572

Status of the property has changed, please contact for details

List Price$429,500

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #456119

3,000

Square Feet

5

Number of Units

Multi-Unit Residential

Type

About This Property

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. 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%.

Property Features

Location Information

County

Hidalgo

Directions

FROM EXP 83 HEAD SOUTH ON ABRAMS RD, UNTIL CORNER WITH EL BARQUITO ST. TURN RIGHT, HOUSE ON CORNER ON LEFT.

Subdivision

El Barquito

Interior Features

Interior

Other

Laundry

None

Heating

Central, Other HVAC

Appliances

Electric Water Heater, Water Heater (Other), Refrigerator, Stove/Range

Cooling

Central Air, Other HVAC

Total Number of Units

5

Floors

Tile

Features

Other

Exterior Features

Construction

Brick

Fencing

Barbed Wire

Foundation

Slab

Lot Description

Corner Lot

Roof

Composition Shingle

Lot Size in Acres

0.732

Possession

Closing and Funding

Lot Size in Sq. Ft.

31,868

Septic or Sewer

City Sewer, Other

Buildings

Outbuilding (None)

Parking Description

No Carport, No Garage

Energy Features

Other

Garage Spaces

0

Road Description

Paved

Parking Spaces

0

School

Elementary School District

La Joya ISD

Middle School

Chavez

Elementary School

Flores

High School

La Joya H.S.

Additional Information

Property Type

RI

Units in Complex

1

Property SubType

Multi Family

Taxes

7409

Year Built

2005

Tax Year

2024

APN

E348000000003400

Square Feet Source

HidalgoCAD

Status

Active

Similar Listings

Mortgage Calculator

$2,004

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$1,547

Monthly Tax

$357

Monthly Insurance

$100

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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