3716 Clavel St Palmview, TX 78572
This exceptional 8-unit apartment complex, located at 3716 W Clavel Street W in Palmview, Texas, presents a lucrative investment opportunity. Built in 1999, this single-building property boasts a desirable location with quick access to Interstate 2, offering convenient access for residents. The asking price is $634,900. The property features a recently replaced roof (2021), ensuring long-term cost savings for the owner. Six of the eight units are equipped with washer and dryer connections, adding to their appeal and rental value. A significant advantage is that all tenants are responsible for their own water bills, minimizing operational expenses for the property owner. This well-maintained property in Hidalgo County, Texas (zip code 78572) offers a strong potential for rental income and appreciation. The property's coordinates are 26.2375527 latitude and -98.4103427 longitude. This turnkey investment is ready for a new owner to capitalize on its strong rental market and convenient location. The property is classified as a Multifamily, Apartment Building, Duplex/Triplex/Quadruplex.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.