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    La Joya, TX Mission, TX Palmview, TX Edinburg, TX Sullivan City, TX Alton, TX Palmhurst, TX Mcallen, TX
    Well-Maintained 6-Plex in Penitas, TX
    Updated: Oct 4, 2024
    Well-Maintained 6-Plex in Penitas, TX

    18202 Washington Palm Drive, Penitas, TX 78576

    Contact for pricing
    4,536 sqft
    Generates $4,500 of monthly income.
    Fully occupied 6‑plex.
    New roof.
    2 Bed 1 Bath units.
    Built in 2004.
    View details
    See what stands out in Hidalgo County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 1 Active listings in Penitas, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 14 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Eight-Unit Apartment Building
    Eight-Unit Apartment Building

    5600 N Abram Rd., Mission, TX 78574

    $429,900
    5,986 sqft 2.00 AC lot

    Tile flooring, stucco construction, and a metal roof characterize this 2015-built multifamily property.

    View details
    8-Unit Apartment Building
    8-Unit Apartment Building

    5600 N Abram Road, Mission, TX 78574

    $429,900
    5,986 sqft 2.00 AC lot

    Eight residential units form a multi-unit rental property on a two-acre site.

    View details
    Six-Unit Apartment Building
    Six-Unit Apartment Building

    100 W 6th Street, La Joya, TX 78560

    $269,900
    3,640 sqft 0.30 AC lot

    Stucco construction with central heating and air conditioning supports a straightforward multifamily configuration.

    View details
    Six-Unit Multifamily Property
    Six-Unit Multifamily Property

    100 W 6th St, La Joya, TX 78572

    $269,900
    3,640 sqft 0.30 AC lot

    Six rental units totaling 3,640 SF are on a 12,948 SF lot near Expressway 83.

    View details

    Off-Market Properties in Penitas, TX

    Consider similar Off-Market properties in Penitas, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1905 Ash St
    APARTMENT HOUSE (5+ UNITS)

    1905 Ash St, Penitas, TX 78576-2002

    $340,000
    Estimated value
    5,807 sqft 0.57 AC lot
    View details
    Cedar St
    APARTMENT HOUSE (5+ UNITS)

    Cedar St, Penitas, TX 78576

    $290,000
    Estimated value
    5,916 sqft 0.78 AC lot
    View details
    Penitas, TX 78576
    APARTMENT HOUSE (5+ UNITS)

    Penitas, TX 78576

    $280,000
    Estimated value
    5,178 sqft 0.57 AC lot
    View details
    Penitas, TX 78576
    APARTMENT HOUSE (5+ UNITS)

    Penitas, TX 78576

    $260,000
    Estimated value
    4,564 sqft 0.57 AC lot
    View details
    17712 Salida Del Sol St
    APARTMENT HOUSE (5+ UNITS)

    17712 Salida Del Sol St, Penitas, TX 78576-8485

    $335,000
    Estimated value
    7,124 sqft 2.33 AC lot
    View details
    17709 Date Palm Dr
    APARTMENT HOUSE (5+ UNITS)

    17709 Date Palm Dr, Penitas, TX 78576-8583

    $320,000
    Estimated value
    4,536 sqft 0.50 AC lot
    View details
    Cindy Ave
    APARTMENT HOUSE (5+ UNITS)

    Cindy Ave, Penitas, TX 78576

    $260,000
    Estimated value
    1,650 sqft 0.22 AC lot
    View details
    Cindy St
    APARTMENT HOUSE (5+ UNITS)

    Cindy St, Penitas, TX 78576

    $265,000
    Estimated value
    4,404 sqft 0.22 AC lot
    View details
    18202 Washington Palm Dr
    APARTMENT HOUSE (5+ UNITS)

    18202 Washington Palm Dr, Penitas, TX 78576-8577

    $315,000
    Estimated value
    4,536 sqft 0.50 AC lot
    View details
    18318 El Conejo Dr
    APARTMENT HOUSE (5+ UNITS)

    18318 El Conejo Dr, Penitas, TX 78576-8481

    $290,000
    Estimated value
    4,264 sqft 0.65 AC lot
    View details
    1905 Mile 3rd Rd
    APARTMENT HOUSE (5+ UNITS)

    1905 Mile 3rd Rd, Penitas, TX 78576-2007

    $730,000
    Estimated value
    9,104 sqft 1.15 AC lot
    View details
    Penitas, TX 78576
    APARTMENT HOUSE (5+ UNITS)

    Penitas, TX 78576

    $335,000
    Estimated value
    4,374 sqft 0.50 AC lot
    View details
    1902 Dogwood St
    Multifamily properties

    1902 Dogwood St, Penitas, TX 78576

    Value Estimation by Request
    View details
    1502 Diamond Ave
    Multifamily properties

    1502 Diamond Ave, Penitas, TX 78576

    Value Estimation by Request
    1.01 AC lot
    View details

    Penitas, TX Apartment Buildings Market Trends and Statistics

    Explore 15 apartment buildings for sale in Penitas, TX on our real estate platform. These investment opportunities span a total of 4,536 square feet of properties for sale.

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    Demographics Overview

    Population 14K
    Population Growth (5Y) +26.7%
    Median Household Income $48,205
    College Educated 8.6%

    Taxes & Financing

    Tax Rate (average for all types) 2.50%
    Property Tax per SF $63.66 per SF
    Tax Rate vs County Average 0.14 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Hidalgo County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Hidalgo County

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