3304 North Palm Leaf Circle

Mission, TX 78574

$465,000
Price
Beds
4,652 Sq. Ft.
$100 / Sq. Ft.
4,652
Sq. Ft.
$100
per Sq. Ft.

Description

Don't miss out on this incredible opportunity to own a multifamily property in the Rio Grande Valley! There are 5 units that are 2-bedroom, 2-bath and 2 units are 1-bedroom and 1-bath. Rents are currently between $625.00 and $700.00. Gross Operating income is currently $39,900 with the potential to bring in $55,800/year. Some units require repairs and updating, however it has a BRAND NEW ROOF! This property has the potential to generate a steady income stream once revitalized. Ample parking is available...Don't miss out on this incredible opportunity to own a multifamily property in the Rio Grande Valley! There are 5 units that are 2-bedroom, 2-bath and 2 units are 1-bedroom and 1-bath. Rents are currently between $625.00 and $700.00. Gross Operating income is currently $39,900 with the potential to bring in $55,800/year. Some units require repairs and updating, however it has a BRAND NEW ROOF! This property has the potential to generate a steady income stream once revitalized. Ample parking is available for residents and guests. Whether you're looking to expand your real estate portfolio or start a new venture, this property has potential! Schedule a viewing today and explore the possibilities!
  1. Listed by Cecilia Olivarez • TREC #801068463 • Hch Realty

Property Details for 3304 North Palm Leaf Circle

Community Features
Street Lights
Subdivision Name
Basham
LISTING UPDATED: 10/17/2024 06:56 PM

Property Details for 3304 North Palm Leaf Circle

StatusActive
MLS #447091
Days on Market129
Taxes$6,777 / year
HOA Fees-
Condo/Co-op Fees$4,620 / year
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built2005
Lot Size0.58 AC / 25,226 SF
CountyHidalgo County

Building Information for 3304 North Palm Leaf Circle

Stories2Residences7Year Built2005Building Size-Lot Size0.58 AC / 25,226 SF

Property Information for 3304 North Palm Leaf Circle

Summary
Location and General Information
  • Directions: From W Expy 83, Turn right on Bentsen Palm Rd, Continue North on Bentsen Palm Rd for 3 miles, Turn right onto N Palm Leaf Cir, Destination will be on the left at the end of the street.
  • Road Surface Type: Paved
Parking
  • Carport Spaces: 0.0
  • Carport YN: No
  • Covered Spaces: 0.0
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: No Carport, No Garage
  • Parking Total: 0.0
School Information
  • Elementary School: Paredes
  • Elementary School District: La Joya ISD
  • High School: Palmview H.S.
  • High School District: La Joya ISD
  • Middle Or Junior School: Memorial
  • Middle Or Junior School District: La Joya ISD
Taxes and HOA
  • Association: No
  • Parcel Number: B190027000001100
  • Tax Annual Amount: $6,777
  • Tax Legal Description: BASHAM NO. 27 LOT 11
  • Tax Year: 2023
Property
Lot Information
  • Building Area Source: HidalgoCAD
  • Building Area Total: 4652.0
  • Building Area Units: Square Feet
  • Living Area: 4652.0
  • Living Area Source: HidalgoCAD
  • Living Area Units: Square Feet
  • Lot Features: Cul-De-Sac, Irregular Lot, Mature Trees
  • Lot Size Acres: 0.5791
  • Lot Size Area: 25226.0316
  • Lot Size Square Feet: 25226.0316
  • Lot Size Units: Square Feet
Property and Assessments
  • New Construction: No
  • Year Built: 2005
  • Year Built Source: HCAD
  • Escrow: $4,500.00
Utilities
  • Irrigation Water Rights: No
  • Number Of Separate Water Meters: 7
  • Sewer: Septic Tank
  • Water Source: Public
Green Features
  • Green Energy Efficient: None
Mobile Home
Mobile Home Information
  • Home Warranty: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: Mature Trees
  • Fencing: Chain Link
  • Pool: No
  • Number Of Buildings: 1
  • Construction Materials: Solid Masonry
  • Other Structures: Outbuilding (None)
  • Roof: Shingle
Interior Features
  • Appliances: Electric Water Heater, Refrigerator, Stove/Range-Electric Coil
  • Cooling: Central Air
  • Cooling YN: Yes
  • Flooring: Tile, Vinyl
  • Heating: Central
  • Heating: Yes
  • Interior Features: Ceiling Fan(s), None
  • Laundry Features: None
  • Foundation Details: Slab
Multi Family
Income & Expenses
  • Gross Income: $39,900.00
  • Insurance Expense: $4,680.00
  • Maintenance Expense: $4,620.00
Multi-Family Information
  • Number Of Units In Community: 1
  • Number Of Units Total: 7
  • Other Expense: $1,437.00

Property History for 3304 North Palm Leaf Circle

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 3304 North Palm Leaf Circle

This home is within La Joya Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Dr Americo Paredes Elementary School
PublicPK to 5

Memorial Middle School
Public6 to 8

La Joya Palmview High School
Public9 to 12

Thelma Rosa Salinas Stem Early Col
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

3304 North Palm Leaf Circle is a multi-family home for sale in Mission, TX 78574. This property was listed for sale on August 16, 2024 by Hch Realty, it's currently listed at $465,000. It has been on the market for a total of 129 days and was last sold on April 12, 2023. This listing's school district is La Joya Independent School District. Nearby schools include Dr Americo Paredes Elementary School, Memorial Middle School and La Joya Palmview High School. 3304 North Palm Leaf Circle is a 0-bed, 0-bath, 4,652 sqft multi-family home built in 2005.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Hch Realty

Based on information from one of the following Multiple Listing Services: GMAR MLS, South Texas MLS and Amarillo Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by GMAR MLS, South Texas MLS and Amarillo Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.