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Penitas, TX Residential Income Properties for Sale

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Fully Occupied Penitas 8-Plex
$620,000
10,164 SF

Fully Occupied Penitas 8-Plex

1502 Diamond Ave, Penitas, TX 78576

Well-maintained, fully occupied 8-plex in Penitas, TX. Investment opportunity.

  • Fully occupied 8‑plex offering immediate cash flow.
  • Features seven 2‑bedroom/2‑bath units and one 3‑bedroom/2‑bath unit.
  • Proven rental history ensures steady income generation.
  • Prime location near major roadways, shopping centers, and dining.
  • Well‑maintained property built in 2003.
Updated: Jan 17
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Penitas 6-Plex: Great Investment
$435,000

Penitas 6-Plex: Great Investment

18202 Washington Palm Dr, Penitas, TX 78576

Six-unit apartment building, strong cash flow.

  • $435,000 asking price.
  • Six‑unit multifamily apartment building.
  • Built in 2004.
  • Located on a 21,783.92 sq ft lot in Penitas, TX.
  • Currently fully occupied, generating $4,500 monthly income.
Updated: Dec 11, 2024
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Penitas Multifamily Investment
$375,000

Penitas Multifamily Investment

Four-unit apartment building, great income potential.

1902 Dogwood St, Penitas, TX 78576
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Based on your search, we've compiled 45 Potential Opportunities for your consideration. Besides 3 Active listings in Penitas, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 37 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

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

Expressway 83 Development Land
$4,000,000
35,632 SF

Expressway 83 Development Land

14-Acre Mixed-Use Site, La Joya, TX

720 Expressway 83, La Joya, TX 78560
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La Joya Fourplex Investment Opportunity
$335,000
1,968 SF

La Joya Fourplex Investment Opportunity

Fourplex near expressway, schools, and park in La Joya, TX.

300 N Coyote Blvd, La Joya, TX 78560
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Mission, TX Commercial Land - 9.8 Acres
$245,000
9.80 Acres

Mission, TX Commercial Land - 9.8 Acres

Prime 9.8-acre tract, ideal for diverse uses.

0 Abram Rd, Mission, TX 78574
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Mission, TX Commercial Land
$850,000
5.63 Acres

Mission, TX Commercial Land

5.63 Acres, Dual-Use Potential

7255 Western Rd, Mission, TX 78574
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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

10 Acres in Growing Penitas
$370,000
10.00 Acres

10 Acres in Growing Penitas

Unimproved land near Expressway 83, ideal for development.

N Tom Gill Rd, Penitas, TX 78576
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Explore 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.

1902 Dogwood St

1902 Dogwood St

Multifamily properties
Value Estimation by Request
1902 Dogwood St, Penitas, TX 78576
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1502 Diamond Ave

1502 Diamond Ave

Multifamily properties • 1.01 Acres
Value Estimation by Request
1502 Diamond Ave, Penitas, TX 78576
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18202 Washington Palm Dr

18202 Washington Palm Dr

APARTMENT HOUSE (5+ UNITS) • 4,536 SF
Value Estimation by Request
18202 Washington Palm Dr, Penitas, TX 78576-8577
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17709 Date Palm Dr

17709 Date Palm Dr

APARTMENT HOUSE (5+ UNITS) • 4,536 SF
Value Estimation by Request
17709 Date Palm Dr, Penitas, TX 78576-8583
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17712 Salida Del Sol St

17712 Salida Del Sol St

APARTMENT HOUSE (5+ UNITS) • 7,124 SF
Value Estimation by Request
17712 Salida Del Sol St, Penitas, TX 78576-8485
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Penitas, TX 78576

Penitas, TX 78576

APARTMENT HOUSE (5+ UNITS) • 4,374 SF
Value Estimation by Request
Penitas, TX 78576
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Penitas, TX 78576

Penitas, TX 78576

APARTMENT HOUSE (5+ UNITS) • 5,178 SF
Value Estimation by Request
Penitas, TX 78576
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1905 Mile 3rd Rd

1905 Mile 3rd Rd

APARTMENT HOUSE (5+ UNITS) • 9,104 SF
Value Estimation
$730,000
1905 Mile 3rd Rd, Penitas, TX 78576-2007
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18318 El Conejo Dr

18318 El Conejo Dr

APARTMENT HOUSE (5+ UNITS) • 4,264 SF
Value Estimation by Request
18318 El Conejo Dr, Penitas, TX 78576-8481
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Cindy Ave

Cindy Ave

APARTMENT HOUSE (5+ UNITS) • 1,650 SF
Value Estimation by Request
Cindy Ave, Penitas, TX 78576
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Cedar St

Cedar St

APARTMENT HOUSE (5+ UNITS) • 5,916 SF
Value Estimation by Request
Cedar St, Penitas, TX 78576
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Cindy St

Cindy St

APARTMENT HOUSE (5+ UNITS) • 4,404 SF
Value Estimation by Request
Cindy St, Penitas, TX 78576
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1905 Ash St

1905 Ash St

APARTMENT HOUSE (5+ UNITS) • 5,807 SF
Value Estimation by Request
1905 Ash St, Penitas, TX 78576-2002
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304 Main St

304 Main St

MOBILE HOME PARK, TRAILER PARK • 3,056 SF
Value Estimation by Request
304 Main St, Penitas, TX 78576-7217
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Penitas, TX 78576

Penitas, TX 78576

APARTMENT HOUSE (5+ UNITS) • 4,564 SF
Value Estimation by Request
Penitas, TX 78576
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Penitas, TX Residential Income Properties Investment Opportunities Market Analysis

Explore 18 residential income properties for sale in Penitas, TX, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 2,180,989 square feet of properties for sale, with an estimated market value of $5,160,000.

Prices for residential income properties in Penitas, TX start at $130,000, averaging $303,529, and reaching up to $620,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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