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221 Mile 1 ¼ N

Palmview, TX 78572
  • $1,600,000
  • STATUS: Active Under Contract
  • ON SITE: 95 Days
  • MLS #: 504212
Under Contract
UPDATED: 9 min ago
$1,600,000
  • 0
    BEDS
  • 2.69
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 14,560
    SQFT
  • $110
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1992
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

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.

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© 2026 Greater McAllen Association of Realtors Multiple Listing Service.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or TNT Real Estate. Data last updated: 2026-08-16T22:16:41.41.
www.tnt.realty/homes/176357973
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221 Mile 1 ¼ N Palmview, TX 78572

  • Price: $1,600,000
  • Status: Active Under Contract
  • On Site: 95 Days
  • Updated: 9 min ago
  • MLS #: 504212
0
Beds
0
Baths
0
½ Baths
2.69
Acres
14,560
SQFT
$110
$/SQFT
1992
Built
Neighborhood:
Palm Acres Estate
County:
Hidalgo
Area:
Palmview
Elementary School:
Reyna
Middle School:
Garcia
High School:
Palmview H.S.
School District:
Mission Isd
Property Description
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.
Exterior Features

Carport Spaces 20 Carport YN Yes Construction Materials Stucco Covered Spaces 20 Exterior Features None Fencing None Foundation Details Slab Garage YN No Lot Features Irregular Lot Other Structures Outbuilding (None) Parking Features No Garage Parking Total 20 Pool YN No Road Surface Type Paved Roof Shingle

Interior Features

Appliances Electric Water HeaterElectric CooktopRefrigerator Cooling Electric Cooling YN Yes Flooring OtherTile Heating Electric Heating YN Yes Interior Features Ceiling Fan(s) Laundry Features Laundry Area

Property Features

Association YN No Community Features None Green Energy Efficient None Maintenance Expense 0 Other Expense 0 Property Sub Type Apartment Sewer City Sewer Tax Annual Amount 15947 Tax Year 2021

Listing by Candice Clayton of Winners Circle: 956-250-7453.
© 2026 Greater McAllen Association of Realtors Multiple Listing Service.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or TNT Real Estate. Data last updated: 2026-08-16T22:16:41.41.
 
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1217 Pecan Blvd
McAllen TX, 78501