Income-Producing Palmview
3803 Clavel Street Palmview, TX 78572
3803 Clavel Street, Palmview, TX, 78572
$495,000
For Sale
$495,000
MULTI_FAMILY - Palmview, TX
Property Size8,038 SF
Lot Size0.27 Acres
Price / SF$61.58
Days on Market147
Property Features for 3803 Clavel Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 16
- Parking features
- Garage
- Patio and Porch features
- Patio
- Exterior features
- Mature Trees
- Fencing
- Chain Link
- Appliances
- Electric Water Heater, Oven-Microwave, Refrigerator, Stove/Range-Electric Smooth
- Standard status
- Active
- APN
- T094004000000200
- Size
- 8,038 SF
- Lot size
- 0.27 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 15950
Utilities
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 1999
- Floors in Building
- 2
- Number of units
- 8
- Building materials
- Brick
- Roof type
- Composition
Listing Agency
BIG Realty
(956) 465-0011
4847 S Jackson Rd., Pharr, TX
Listed by
Joshua I. Benavides
(956) 223-9200
Added: Feb 19 Checked: Jul 16 at 11:06 pm
MLS# 496269
Listing URL
Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This income-producing property in Palmview, Texas, features eight units, each with 2 bedrooms and 1 bathroom. Seven units are currently leased, and one unit is vacant and available to show. Each unit includes tile flooring, all-wood cabinetry, and kitchen appliances. The property has individual water and electric meters, with tenants responsible for all utility payments. Landlord expenses are limited to landscaping and dumpster service, costing approximately $300 per month. There are 16 covered parking spaces, providing two spaces per unit. The property is located off Expressway 83 / W Interstate Hwy 2 and near Cesar E. Chavez Middle School. Rental increases up to $795 per month can be implemented on three units within the next 2-4 months. The property size is 8038 square feet and sits on a lot of 0.2677 acres.
Key Highlights
- Income‑producing 8‑plex with 7 of 8 units currently leased, providing immediate cash flow.
- Potential for immediate rental increases up to $795/month on three units within 2‑4 months.
- Individual water and electric meters with tenants paying all utilities, minimizing landlord expenses.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Well-maintained 8-unit property with strong tenant demand in Palmview.
Where is this apartment building located?
The property is located at 3803 Clavel Street Palmview, TX.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Income‑producing 8‑plex with 7 of 8 units currently leased, providing immediate cash flow.; Potential for immediate rental increases up to $795/month on three units within 2‑4 months.; Individual water and electric meters with tenants paying all utilities, minimizing landlord expenses.
