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1011 Showers Rd Palmview, TX 78572

For Sale
$140,000

11-Unit Apartment Complex, Prime Location

Description

Added:
Dec 11, 2024
Days on Market:
364
This exceptional investment opportunity presents a 20,691 square foot lot located at 1011 Showers Road, Mission, Texas, 78572, in Hidalgo County. Priced at $140,000, this property is zoned for commercial and residential use, specifically suited for multifamily development. The existing plans envision an eleven-unit apartment complex, each unit boasting two bedrooms and one and a half bathrooms. The design emphasizes modern aesthetics, spacious living areas, and the incorporation of eco-friendly building materials, creating a highly desirable living environment. This translates to strong rental potential and a high return on investment in a rapidly expanding market. The property's location in Palmview, Texas, offers convenient access to local amenities and services. Detailed preliminary layouts for the proposed eleven-unit complex are available upon request, providing a clear vision for this promising development project. This is an ideal opportunity for investors seeking to capitalize on the growth of the Mission, Texas real estate market. The substantial lot size provides ample space for the planned development and potential for future expansion. This property offers a unique blend of residential and commercial potential, making it a truly compelling investment. Don't miss this chance to acquire a prime piece of land ready for immediate development.

Property Features for 1011 Showers Rd

General Information

Property type
Multifamily properties

HighLights

  • 20,691 SF lot in Mission, TX (78572), Hidalgo County, priced at $140,000.
  • Zoned for commercial and residential use, ideal for multifamily development.
  • Existing plans for an eleven‑unit, two‑bedroom, 1.5‑bath apartment complex.
  • Strong rental potential and high ROI in a rapidly growing market.
  • Convenient location in Palmview, TX with easy access to amenities.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Small apartment buildings

Suggested Use

Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Palmview
County
Hidalgo
State
Texas
Longitude
-98.412277
Latitude
26.230137

FAQs

What type of property is this?
Multifamily property - 11-Unit Apartment Complex, Prime Location
Where is this multifamily property located?
The property is located at 1011 Showers Rd Palmview, TX.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: 20,691 SF lot in Mission, TX (78572), Hidalgo County, priced at $140,000.; Zoned for commercial and residential use, ideal for multifamily development.; Existing plans for an eleven-unit, two-bedroom, 1.5-bath apartment complex.
More about this property
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