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Property profile & analytics
OFF-MARKET Estimated value $405,000
Banks

317 Bentsen Palm Dr Palmview, TX 78572-6298

3,645 SF 2.38 ac lot Built 2004
Entity Owned 18-yr Hold Free & Clear
Property ID
US82-5644038
Property summary
AI-generated overview

This exceptional 2021-built four-unit apartment building presents a compelling investment opportunity in the desirable Palmview, Texas market. Located at 317 N Bentsen Palm Drive, 78572, this property boasts a substantial 16,392.064 square foot lot and offers immediate income generation. Three of the four units are currently occupied, providing a steady rental stream. The fourth unit is vacant, allowing for immediate occupancy or customization to maximize rental income. All units are equipped with appliances, which are included in the sale. This turnkey property is ideally situated for convenient access to local amenities, transportation, and entertainment options. The asking price for this well-maintained multifamily property is $425,000. This represents a strong value proposition for both experienced investors seeking a proven income stream and those new to the market looking for a solid entry point into real estate investment. The property's location in Hidalgo County, Texas, offers significant growth potential. While the subdivision name is not currently available, the Hidalgo County Appraisal District (HCAD) listing identifies the property as E663300. This property is a rare find and is expected to generate significant interest. Don't miss this chance to acquire a high-performing asset in a thriving Texas market.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2004
Total area 3,645 SF
Lot 2.38 ac (103,673 SF)
APN B2550-00-000-0064-00
UPID US82-5644038
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$450k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$405k
Owner & transaction history
LA JOYA AREA FEDERAL CREDIT UNION
LA JOYA AREA FEDERAL CREDIT UNION
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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