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

Palmview, TX, 78572
$ 975,000
Bedrooms12 Baths12.0 Sq 8,927

Monthly Estimate*

$ 6,083

1306 Royola Street, Palmview, TX 78572 - Image 1
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Multi-Family Home for sale in Palmview, TX

for $975,000 with 12 bedrooms and 12 full baths. 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

12

Full Bath

12

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
Living Area 8927
Sewer City Sewer
Heating Central Electric
Cooling Central Air Electric
Possession Closing and Funding
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
Property Subtype Multi Family
Tax Year 2024
Gross Income 80964
Community Features Curbs None Sidewalks Street Lights
County Hidalgo
Insurance Expense 8200
Property Type Residential Income
HOA No
MaintenanceExpense 960
Subdivision Name Divina Misericordia
Garage Y/N No
Other Structures Outbuilding (None)
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 a
High School Palmview H.S.
City Palmview
High School District La Joya ISD
Number Of Units Total 12
Lot Size Units Square Feet
Lot Size Square Feet 26362.0764
Carport Spaces 24
Carport Y/N Yes
Elementary School Leo
Tax Annual Amount 22400
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 Seller
Virtual Tour https://www.dropbox.com/scl/fi/c7vcwzbzozr1k8ra21uev/1306-Royola-Drone-Video.mp4?rlkey=58hgc5mpa147lz98g6235jj75&e=1&dl=0
Legal Description DIVINA MISERICORDIA LOTS 6 & 7
Freehold BBO VOW IDX
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Interior
Interior Amenities Dryer Microwave Walk-In Closet(s) Washer
Flooring Tile
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Energy Features (Double Pane Windows)
Laundry Features Laundry Room
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Exterior
Exterior Amenities Sprinkler System
Fencing Wood
Parking Features Detached
Lot Features Sidewalks Sprinkler System
Water Source Public
Total Parking 24
Lot Size Area 26362.0764
Foundation Details Slab
Number of Buildings 2
Building Area Total 8927
Lot Size Acres 0.6052
Road Surface Type Paved
Covered Spaces 24
Number of Separate Water Meters 2
Irrigation Water Rights Y/N No
Pool YN No
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* Excluded Features
List By
Karena Herrera

Listing Agent

Encore Fine Properties

Broker

karenajotxrealtor@gmail.com

Email

Affordability Calculator

$7,949
Per Month
77%
23%
0%
Monthly Principal & Interest
$6,083
Monthly Property Taxes
$1,867
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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Nearby
3057363 Elementary School
3057348 Middle School
Palmview H.S. High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/26/2025$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 has 12 bedrooms, 12.0 baths, and was built in 2023. The property's zip code is 78572 which is in Palmview, TX

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