Great investment opportunity in the growing city of Penitas Texas!! This well maintained 6-plex features 2 Bed 1 Bath units, a new roof, is fully occupied and generates $4,500 of monthly income- with room for improvement! Don't miss out on this great opportunity of stable cash flow and growth. Schedule a showing and secure this investment today!
Attention All Investors! Don't miss this incredible investment opportunity! Just north of U.S. 83 (I-2), is a well maintained 8-plex in the thriving area of Penitas, TX, with a proven rental history and steady income generation. This property features seven spacious 2-bedroom units and one 3-bedroom unit, which are all currently occupied (leased), ensuring immediate cash flow. Conveniently located near major roadways, shopping centers, and dining options, this 8-plex offers both a prime location and exceptional value. Whether you're looking to expand your portfolio or make a solid investment, this property is the perfect choice. Take advantage of this fantastic opportunity before it's gone. Call for more information today!
Introducing a lucrative investment opportunity in Penitas, TX! Conveniently located just off Liberty Blvd -corner with Dogwood St. Features 4 Units; offering 2 Bedrooms and 1 Bath, totaling 3052 sq. ft. of living space.. This property promises excellent potential for passive income & long term growth with $32,700.00 Lot Information: .47 Acreage Lot Size Area: 20,473.20 Lot size Units 763 sq. ft. Lot Features Corner lot. Water Source: Public city of Penitas Appliances: W-Heater -Refrigerator - Stove- Laundry: Washer/Dryer conveying Security Features: Smoke Detectors Utilities: 4 Electricity Meters 1 Water meter Tax Information: $2371. Tax legal Description: N6720-02-000-0086-00 Zone Code: B1 Fenced: Chain link
Andrea D. Conner, License 521381, Xome Inc., License 9002330, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067
Based on information from the McAllen Association of REALTORS® (alternatively, from GMAR) as of {{last updated}}. GMAR does not guarantee or is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by the GMAR MLS may not reflect all real estate activity in the market.
Penitas is located in Texas. Penitas, Texas has a population of 6,206. Penitas is more family-centric than the surrounding county with 52.73% of the households containing married families with children. The county average for households married with children is 37.3%.
The median household income in Penitas, Texas is $46,135. The median household income for the surrounding county is $44,666 compared to the national median of $69,021. The median age of people living in Penitas is 28.3 years.
The average high temperature in July is 97.5 degrees, with an average low temperature in January of 48.7 degrees. The average rainfall is approximately 21.5 inches per year, with 0.1 inches of snow per year.
