1306 Royola Street Palmview, TX $ 975,000
1306 Royola Street
$ 975,000
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1306 Royola Street

Palmview, TX, 78572
$ 975,000
Baths0.0 Sq 8,927

Monthly Estimate*

$ 6,003

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View a Virtual Tour
Studio

Multi-Family Home for sale in Palmview, TX

for $975,000. This 8,927 square foot home was built in 2023 on a lot size of 0.6052.

Built in 2023, this modern 12-unit apartment complex offers a prime location less than a quarter-mile from Expressway I-2/Hwy 83, providing tenants with easy access to shopping, dining, and entertainment in Mission and McAllen. The property consists of two single-story buildings with six units each, featuring a total of seven 2-bedroom/1-bathroom apartments and five 1-bedroom/1-bathroom apartments. Each unit is thoughtfully designed with granite countertops, tile flooring, and a full suite of appliances, including a stove, refrigerator, microwave, and in-unit washer and dryer. Tenants will also enjoy the convenience of two covered parking spaces per unit. With its excellent location, modern amenities, and high-quality construction, this property is a standout investment opportunity. Ask about seller financing!

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Multi-Family Active

Price

$ 975,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 22,400

Style

Multi Family

Lot Size

0.6052

Year Built

2023

Town/City

Palmview

County/Region

Hidalgo

MLS | Web ID

490594

Features
General
Sewer City Sewer
Possession Closing and Funding
Property Subtype Multi Family
Tax Year 2024
Community Features Curbs None Sidewalks Street Lights
County Hidalgo
Property Type Residential Income
HOA false
Subdivision Name Divina Misericordia
Status Active
Directions From McAllen International Airport get on Interstate 2 towards Mission and drive West for about 8 miles Take exit 131 towards FM 492/Goodwin Rd/Abram Rd. Turn around on FM 492 stay on frontage road and drive East for about 1/2 mile. Turn right/south on Green Rd and in about 1/4 mile turn right on Royola Street.
High School Palmview H.S.
City Palmview
High School District La Joya ISD
Lot Size Units Square Feet
Lot Size Square Feet 26362.0764
Elementary School Leo
Tax Annual Amount 22400
Home Warranty Y/N false
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
Legal Description DIVINA MISERICORDIA LOTS 6 & 7
Freehold BBO VOW IDX
Living Area 8927
Cooling Central Air Electric
Roof Composition Shingle
Appliances Electric Water Heater Water Heater (Laundry Room) Dryer Microwave Refrigerator Stove/Range-Electric Smooth Washer
Garage Spaces 0
Construction Materials Stucco
Year Built 2023
Stories Count 1
Garage Y/N false
Carport Spaces 24
Carport Y/N true
Year Built Source Seller
Heating Central Electric
Insurance Expense 8200
Other Structures Outbuilding (None)
Gross Income 80964
MaintenanceExpense 960
Number Of Units Total 12
Virtual Tour https://www.dropbox.com/scl/fi/c7vcwzbzozr1k8ra21uev/1306-Royola-Drone-Video.mp4?rlkey=58hgc5mpa147lz98g6235jj75&e=1&dl=0
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Interior
Interior Amenities Dryer Microwave Walk-In Closet(s) Washer
Flooring Tile
Air Conditioning Y/N true
Window Features Energy Features (Double Pane Windows)
Heating Y/N true
Laundry Features Laundry Room
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Exterior
Water Source Public
Lot Size Area 26362.0764
Lot Size Acres 0.6052
Road Surface Type Paved
Irrigation Water Rights Y/N false
Lot Features Sidewalks Sprinkler System
Fencing Wood
Exterior Amenities Sprinkler System
Parking Features Detached
Total Parking 24
Foundation Details Slab
Building Area Total 8927
Covered Spaces 24
Pool YN false
Number of Separate Water Meters 2
Number of Buildings 2
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* Excluded Features
List By
Karena Herrera

Listing Agent

Encore Fine Properties

Broker

karenajotxrealtor@gmail.com

Email

Affordability Calculator

$7,870
Per Month
76%
24%
0%
Monthly Principal & Interest
$6,003
Monthly Property Taxes
$1,867
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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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Nearby
3057363 Elementary School
3057348 Middle School
Palmview H.S. High School High School
Pricing History
DatePricePrice ChangeDescription
2/18/2026$975,000 Listed Price

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1306 Royola Street, Palmview, TX, 78572 is a Multi-Family Home for sale at $975,000 with 8,927 sqft and a lot size of 0.6052. 1306 Royola Street is a studio with 0.0 baths and was built in 2023. The property's zip code is 78572 which is in Palmview, TX