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    Penitas, TX Residential Income Properties for Sale

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    La Joya, TX Mission, TX Palmview, TX Sullivan City, TX Edinburg, TX Palmhurst, TX Mcallen, TX Alton, TX
    Well-Maintained 6-Plex in Penitas, TX
    Updated: Oct 4, 2024
    Well-Maintained 6-Plex in Penitas, TX

    18202 Washington Palm Drive, Penitas, TX 78576

    Contact for pricing
    4,536 sqft
    Generates $4,500 of monthly income.
    Fully occupied 6‑plex.
    New roof.
    2 Bed 1 Bath units.
    Built in 2004.
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 46 Potential Opportunities for your consideration. Besides 1 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 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    La Joya Multifamily Investment
    La Joya Multifamily Investment

    225-233 W 4th Street, La Joya, TX 78560

    Contact for pricing
    6,092 sqft

    Six-unit multifamily investment property in La Joya, Texas.

    View details
    La Joya Multifamily Investment
    La Joya Multifamily Investment

    225 W 4th Street, La Joya, TX 78560

    Contact for pricing
    2,052 sqft

    Two detached units in La Joya, ideal for investors.

    View details
    New Construction Fourplex Investment Opportunity
    New Construction Fourplex Investment Opportunity

    905 Hidden Hills Street, Mission, TX 78572

    Contact for pricing
    4,210 sqft

    New construction fourplex with modern design and open-concept living.

    View details
    Profitable Triplex Investment Opportunity
    Profitable Triplex Investment Opportunity

    609 N St. Marie Avenue, Mission, TX 78574

    Contact for pricing
    3,480 sqft

    Triplex with reliable rental income, spacious units, and new roof.

    View details

    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.

    Residential Acreage with Slab Foundation
    Residential Acreage with Slab Foundation

    18611 Villa Hermosa Drive, Penitas, TX 78572

    $175,000
    3.00 AC lot

    3-acre ranchette in Penitas with utilities connected, gated entry, and a poured concrete slab ready for your build.

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    Half-Acre Lot in Mission, TX
    Half-Acre Lot in Mission, TX

    Vaquero Avenue, Mission, TX 78574

    $66,000
    0.51 AC lot

    Half-acre lot in quiet subdivision with water meter installed.

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    Expansive Land in Mission, Texas
    Expansive Land in Mission, Texas

    Iowa, Mission, TX 78574

    $2,966,880
    105.00 AC lot

    Over 100 acres in Mission, TX, ideal for development.

    View details
    Unimproved 11-Acre Fenced Land
    Unimproved 11-Acre Fenced Land

    22643 N Iowa Road, Edinburg, TX 78541

    $279,000
    11.07 AC lot

    11-acre unimproved tract with utilities access in a growing area.

    View details

    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.

    304 Main St
    MOBILE HOME PARK, TRAILER PARK

    304 Main St, Penitas, TX 78576-7217

    Value Estimation by Request
    3,056 sqft 15.63 AC lot
    View details
    1905 Ash St
    APARTMENT HOUSE (5+ UNITS)

    1905 Ash St, Penitas, TX 78576-2002

    Value Estimation by Request
    5,807 sqft 0.57 AC lot
    View details
    Cedar St
    APARTMENT HOUSE (5+ UNITS)

    Cedar St, Penitas, TX 78576

    Value Estimation by Request
    5,916 sqft 0.78 AC lot
    View details
    Penitas, TX 78576
    APARTMENT HOUSE (5+ UNITS)

    Penitas, TX 78576

    Value Estimation by Request
    5,178 sqft 0.57 AC lot
    View details
    Penitas, TX 78576
    APARTMENT HOUSE (5+ UNITS)

    Penitas, TX 78576

    Value Estimation by Request
    4,564 sqft 0.57 AC lot
    View details
    17712 Salida Del Sol St
    APARTMENT HOUSE (5+ UNITS)

    17712 Salida Del Sol St, Penitas, TX 78576-8485

    Value Estimation by Request
    7,124 sqft 2.33 AC lot
    View details
    17709 Date Palm Dr
    APARTMENT HOUSE (5+ UNITS)

    17709 Date Palm Dr, Penitas, TX 78576-8583

    Value Estimation by Request
    4,536 sqft 0.50 AC lot
    View details
    Cindy Ave
    APARTMENT HOUSE (5+ UNITS)

    Cindy Ave, Penitas, TX 78576

    Value Estimation by Request
    1,650 sqft 0.22 AC lot
    View details
    Cindy St
    APARTMENT HOUSE (5+ UNITS)

    Cindy St, Penitas, TX 78576

    Value Estimation by Request
    4,404 sqft 0.22 AC lot
    View details
    18202 Washington Palm Dr
    APARTMENT HOUSE (5+ UNITS)

    18202 Washington Palm Dr, Penitas, TX 78576-8577

    Value Estimation by Request
    4,536 sqft 0.50 AC lot
    View details
    18318 El Conejo Dr
    APARTMENT HOUSE (5+ UNITS)

    18318 El Conejo Dr, Penitas, TX 78576-8481

    Value Estimation by Request
    4,264 sqft 0.65 AC lot
    View details
    1905 Mile 3rd Rd
    APARTMENT HOUSE (5+ UNITS)

    1905 Mile 3rd Rd, Penitas, TX 78576-2007

    $730,000
    Estimated value
    9,104 sqft 1.15 AC lot
    View details
    Penitas, TX 78576
    APARTMENT HOUSE (5+ UNITS)

    Penitas, TX 78576

    Value Estimation by Request
    4,374 sqft 0.50 AC lot
    View details
    9 Jara Chinas Rd
    Land

    9 Jara Chinas Rd, Penitas, TX 78541

    Value Estimation by Request
    10.00 AC lot
    View details
    Mile 7 Rd
    Land

    0 Mile 7 Rd, Penitas, TX 78576

    Value Estimation by Request
    1.00 AC lot
    View details
    13 Jara Chinas Rd
    Land

    13 Jara Chinas Rd, Penitas, TX 78541

    Value Estimation by Request
    10.00 AC lot
    View details
    12 Jara Chinas Rd
    Land

    12 Jara Chinas Rd, Penitas, TX 78541

    Value Estimation by Request
    10.00 AC lot
    View details
    1902 Dogwood St
    Multifamily properties

    1902 Dogwood St, Penitas, TX 78576

    Value Estimation by Request
    View details
    44015 Austen St
    Land

    44015 Austen St, Penitas, TX 78576

    Value Estimation by Request
    1.00 AC lot
    View details
    5 Jara Chinas Rd
    Land

    5 Jara Chinas Rd, Penitas, TX 78541

    Value Estimation by Request
    10.00 AC lot
    View details
    10 Jara Chinas Rd
    Land

    10 Jara Chinas Rd, Penitas, TX 78541

    Value Estimation by Request
    10.00 AC lot
    View details
    11 Jara Chinas Rd
    Land

    11 Jara Chinas Rd, Penitas, TX 78541

    Value Estimation by Request
    10.00 AC lot
    View details
    7 Jara Chinas Rd
    Land

    7 Jara Chinas Rd, Penitas, TX 78541

    Value Estimation by Request
    10.00 AC lot
    View details

    Penitas, TX Residential Income Properties Market Trends and Statistics

    Explore 38 residential income properties for sale in Penitas, TX on our real estate platform. These investment opportunities span a total of 4,536 square feet of properties for sale.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1
    Multifamily properties 1

    Demographics Overview

    Population 14K
    Population Growth (5Y) +26.7%
    Median Household Income $48,205
    College Educated 8.6%

    Taxes & Financing

    Tax Rate (average for all types) 2.50%
    Property Tax per SF $63.66 per SF
    Tax Rate vs County Average 0.14 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Hidalgo County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Hidalgo County

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