2701 El Barquito Drive Palmview, TX $ 429,500
2701 El Barquito Drive
$ 429,500
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2701 El Barquito Drive

Palmview, TX, 78572
$ 429,500
Bedrooms5 Baths5.0 Sq 3,000

Monthly Estimate*

$ 2,680

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Multi-Family Home for sale in Palmview, TX

for $429,500 with 5 bedrooms and 5 full baths. This 3,000 square foot home was built in 2005 on a lot size of 0.7316.

NICE 5PLEX FOR SALE, 2 UNITS ARE STUDIOS (OPEN CONCEPT) EACH ONE FULL BATHROOM, 2 UNITS ARE 1 BEDROOM, 1 BATH, & 1 UNIT IS 2 BEDS, 1 BATH, MONTHLY RENT INCOME IS $3,650+, BIG 0.75 (3/4) ACRE LOT, ROOM FOR ONE MORE BUILDING, INCLUDES 8 SECURITY CAMERAS WITH SALE, AC MINI SPLITS IN EVERY UNIT, RENT INCLUDES WATER & TRASH COLLECTION, TENANTS PAY FOR ELECTRICITY. 5PLEX WELL LOCATED IN A CORNER LOT ON ABRAMS RD & EL BARQUITO ST. PALMVIEW, TX. QUICK ACCESS TO EXP 83, AND CLOSE TO HEB, FOOD ESTABLISHMENTS, AND MANY MORE! BUILDING & UNITS ARE IN GOOD CONDITION, GOOD INVESTMENT OPPORTUNITY, INCOME PRODUCING PROPERTY! CAP RATE @ 7%.

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Multi-Family Active

Price

$ 429,500

Bedrooms

5

Full Bath

5

Property Type

Multi-Family

Taxes

$ 7,409

Style

Multi Family

Lot Size

0.7316

Year Built

2005

Town/City

Palmview

County/Region

Hidalgo

MLS | Web ID

456119

Features
General
Living Area 3000
Sewer City Sewer Other
Heating Central Other HVAC
Cooling Central Air Other HVAC
Possession Closing and Funding
Roof Composition Shingle
Appliances Electric Water Heater Water Heater (Other) Refrigerator Stove/Range
Garage Spaces 0
Construction Materials Brick
Year Built 2005
Stories Count 1
Property Subtype Multi Family
Tax Year 2024
Gross Income 3650
Community Features Other
County Hidalgo
Insurance Expense 2500
Property Type Residential Income
HOA No
Energy Efficient Other
MaintenanceExpense 100
Subdivision Name El Barquito
Garage Y/N No
Other Structures Outbuilding (None)
Status Active
Directions FROM EXP 83 HEAD SOUTH ON ABRAMS RD UNTIL CORNER WITH EL BARQUITO ST. TURN RIGHT HOUSE ON CORNER ON LEFT.
High School La Joya H.S.
City Palmview
High School District La Joya ISD
Number Of Units Total 5
Lot Size Units Square Feet
Lot Size Square Feet 31868.0604
Carport Spaces 0
Carport Y/N No
Elementary School Flores
Tax Annual Amount 7409
Home Warranty Y/N No
Middle/Junior High School Chavez
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District La Joya ISD
Elementary School District La Joya ISD
Year Built Source HCAD
Virtual Tour https://www.tiktok.com/@fcopacheco1
Legal Description EL BARQUITO LOT 34
Freehold BBO VOW IDX
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Interior
Interior Amenities Other
Flooring Tile
Air Conditioning Y/N Yes
Heating Y/N Yes
Laundry Features None
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Exterior
Exterior Amenities None
Fencing Barbed Wire
Parking Features No Carport No Garage
Lot Features Corner Lot
Total Parking 0
Lot Size Area 31868.0604
Foundation Details Slab
Number of Buildings 1
Building Area Total 3000
Lot Size Acres 0.7316
Road Surface Type Paved
Covered Spaces 0
Number of Separate Water Meters 1
Irrigation Water Rights Y/N No
Pool YN No
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* Excluded Features
List By
Francisco G. Pacheco

Listing Agent

Alliance Real Estate Group

Broker

fcopacheco1@gmail.com

Email

Affordability Calculator

$3,297
Per Month
81%
19%
0%
Monthly Principal & Interest
$2,680
Monthly Property Taxes
$617
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
3057654 Elementary School
3057348 Middle School
La Joya H.S. High School
Pricing History
DatePricePrice ChangeDescription
8/6/2025$429,500 -1.26% Price Down
6/25/2025$435,000 -2.25% Price Down
5/8/2025$445,000 -1.11% Price Down
12/5/2024$450,000 Listed Price

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2701 El Barquito Drive, Palmview, TX, 78572 is a Multi-Family Home for sale at $429,500 with 3,000 sqft and a lot size of 0.7316. 2701 El Barquito Drive has 5 bedrooms, 5.0 baths, and was built in 2005. The property's zip code is 78572 which is in Palmview, TX