608 N Bentsen Palm DR Active

Palmview,TX 78574

$ 750000

- Bed

- Bath

9276 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,276 sqft

Price per Sqft $80

Subdivision Bentsen Groves

MLS Listing ID 471449

HOA Y/N No

Year Built 1996

Annual Tax Amount $15,131

Tax Year 2024

Lot Size 1.950 Acres

Acres 1.95

Property Sub-Type Multi Family

Source Greater McAllen

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!

Location

State TX

County Hidalgo

Rooms

Other Rooms Outbuilding (None)

Interior

Interior Features Washer

Heating Central

Cooling Central Air

Flooring Laminate

Appliance Electric Water Heater,No Conveying Appliances

Laundry None

Exterior

Exterior Feature None

Fence None

Community Features None

View Y/N No

Roof Type Shingle

Garage No

Building

Faces 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.

Story 1

Foundation Slab

Sewer Septic Tank

Water Public

Structure Type Brick

New Construction No

Schools

Elementary Schools Reyna

Middle Schools Garcia

High Schools Carter H.S.

Others

Tax ID B255000000007906

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