608 N BENTSEN PALM DRIVE, PALMVIEW, TX 78574

Homes for sale in Palmview.

Homes for sale in 78574.


608 N Bentsen Palm Drive

Palmview, TX 78574

Status of the property has changed, please contact for details

List Price$595,000

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

Listing #491817

9,276

Square Feet

12

Number of Units

Multi-Unit Residential

Type

About This Property

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!

Property Features

Location Information

County

Hidalgo

Directions

Follow I-2/W Expy 83, Take exit 133 to merge onto TX-364 N/W Expy 83/Frontage Rd/E Palma Vista Dr/US-83 Frontage Rd toward La Home Rd/Bentsen Palm Dr, Turn right onto Bentsen Palm Rd, Turn right in 0.3 miles, Destination will be on the right.

Subdivision

Bentsen Groves

Interior Features

Interior

Ceiling Fan(s)

Laundry

None

Heating

Central

Appliances

Electric Water Heater, No Conveying Appliances

Cooling

Central Air

Total Number of Units

12

Floors

Laminate

Features

None

Exterior Features

Construction

Brick

Parking Spaces

0

Foundation

Slab

Fencing

None

Roof

Shingle

Lot Size in Acres

1.95

Possession

Closing and Funding

Lot Size in Sq. Ft.

84,942

Septic or Sewer

Septic Tank

Buildings

Outbuilding (None)

Water

Public

Energy Features

None

Parking Description

No Carport, No Garage

Road Description

Paved

Garage Spaces

0

School

Elementary School District

La Joya ISD

Middle School

Garcia

Elementary School

Reyna

High School

Carter H.S.

Additional Information

Property Type

RI

Units in Complex

3

Property SubType

Multi Family

Taxes

15131

Year Built

1996

Tax Year

2024

APN

B255000000007906

Square Feet Source

HidalgoCAD

Status

Active

Similar Listings

Mortgage Calculator

$2,777

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$2,144

Monthly Tax

$495

Monthly Insurance

$138

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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