3803 CLAVEL STREET, PALMVIEW, TX 78572
Homes for sale in Palmview.
Homes for sale in 78572.
3803 Clavel Street
Palmview, TX 78572
List Price$495,000
Listing #496269
8,038
Square Feet
8
Number of Units
Multi-Unit Residential
Type
About This Property
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.
Property Features
Location Information
County
Hidalgo
Directions
Corner of Expressway 83/I-2 West to Showers Rd. Exit Showers and turn left (South) on Showers to Clavel. Left (East) on Clavel Rd. 8-plex will be the 1st complex building on the right-hand side.
Subdivision
Taurus Estates #4
Interior Features
Interior
Ceiling Fan(s), Split Bedrooms, Walk-In Closet(s)
Laundry
Laundry Closet, Washer/Dryer Connection
Heating
Central, Electric
Appliances
Electric Water Heater, Oven-Microwave, Refrigerator, Stove/Range-Electric Smooth
Cooling
Central Air, Electric
Total Number of Units
8
Floors
Tile
Features
Curbs, Other, Sidewalks, Street Lights
Exterior Features
Construction
Brick
Parking Spaces
16
Exterior
Mature Trees, Other
Fencing
Chain Link
Foundation
Slab
Patio / Deck Description
Covered Patio
Roof
Composition Shingle
Lot Description
Curb & Gutters, Mature Trees, Professional Landscaping
Possession
Closing and Funding
Lot Size in Acres
0.268
Septic or Sewer
City Sewer
Lot Size in Sq. Ft.
11,661
Water
Public
Buildings
Outbuilding (None)
Security Features
Smoke Detector(s)
Energy Features
Other
Parking Description
No Garage
Road Description
Caliche, Paved
Garage Spaces
0
School
Elementary School District
La Joya ISD
Middle School
Chavez
Elementary School
Flores
High School
Palmview H.S.
Additional Information
Property Type
RI
Units in Complex
2
Property SubType
Multi Family
Taxes
15950
Year Built
1999
Tax Year
2025
APN
T094004000000200
Square Feet Source
HidalgoCAD
Status
Active
Similar Listings
Mortgage Calculator
$2,310
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,783
Monthly Tax
$412
Monthly Insurance
$115
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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