20-Unit Multifamily in Palmview, TX
TX · listed May 12, 2026 (169 days)
- $/unit
- $80,000
- ▼ 13% vs TX · 39th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 20
- 3 bldg · 1992
Financials
- Asking price
- $1,600,000
- Price per unit
- $80,000
- Price per sq ft
- $110
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- 100%
As stated by the seller. Verify during due diligence.
Building
- Units
- 20
- Unit mix
- 20 units, each offering 2 bedrooms and 1 bathroom
- Buildings
- 3
- Year built
- 1992
- Building size
- 14,560 sq ft
- Avg unit size
- 728 sq ft
- Lot size
- 2.69 acres
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- May 12, 2026
- Days on market
- 169 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1807
About this property
Excellent multifamily investment opportunity in Palmview, TX. This fully occupied income producing property features 20 units, each offering 2 bedrooms and 1 bathroom. Conveniently located near shopping, restaurants, schools, and major roadways, this property offers strong rental potential in a rapidly expanding area of the Rio Grande Valley.
The property presents an excellent opportunity for investors seeking steady cash flow, long-term appreciation, and a well positioned multifamily asset. Don’t miss the chance to add this fully occupied investment property to your portfolio. Call today for additional information or to schedule a private showing.
Multifamily | 20 Units
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
| Mission, TX | $450K | $90K$90K | — |
| Mission, TX NewValue-add | $145K | $29K$29K | — |
| Mission, TX NewValue-add | $145K | $29K$29K | — |
 Mission, TXOwner financingValue-add | $100K | $20K$20K | — |
 Mission, TXValue-add | $450K | $90K$90K | — |
| Mission, TX Stabilized | $650K | $81K$81K | — |