18202 Washington Palm Dr, Penitas, TX, 78576

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18202 Washington Palm Dr, Penitas$435,000

Buyer Closing Credits

$5,166^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeMulti Family

ParkingNo Garage

Year Built2004

HeatingCentral

CoolingCeiling Fan(s), Central Air

MLS #450297

Lot Size0.50 Acres

StatusActive

About 18202 Washington Palm Dr

Great investment opportunity in the growing city of Penitas Texas! This well maintained 6-plex features a new roof less than a year old, is fully occupied and generates $4,500 monthly. Don't miss out on this opportunity of stable cash flow and potential growth. Schedule a showing and secure this investment today!

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Property Details

Property Features

Property Information:

• Year Built: 2004
• Stories: 1
• Living Area: 4,536 SqFt

Listing Office:

• Office Name: eXp Realty LLC
• Office Phone: (888) 519-7431
• Listing Agent: Marcelino Gonzalez

Interior Features

Interior Information:

• Appliances: Electric Water Heater, Other
• Flooring Type: Tile
• Interior: Ceiling Fan(s)

Exterior Features

Parking Information:

• Parking: No Garage

Lot Features

Lot Information:

• Lot Size: 0.50 Acres

Utilities

Utilities Information:

• Heating: Central
• Cooling: Ceiling Fan(s), Central Air

Other

Directions Information:

• Directions: From McAllen exit on Tom Gill Rd and drive north. Turn west on W Mile 7 Rd. Turn North on Washington Palm Dr. Apartment complex will be on the east side

Price Information

Listing Price Info

Price Summary:

• List Price: $435,000
• Price Per SqFt: $96/SqFt

Tax Information:

• Annual Amount: $5,433
• Tax Year: 2020

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MLS Details

MLS Information:

• MLS Name: McAllenTX
• MLS Number: #450297

Listing Office:

• Office Name: eXp Realty LLC
• Office Phone: (888) 519-7431
• Listing Agent: Marcelino Gonzalez

Listing information provided by Greater McAllen Association of REALTORS MLS. Information is deemed to be reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Texas Real Estate Commission Information About Brokerage Service

Last updated on: 1/2/2025, 10:16:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Jan 07, 2004	Jan 07, 2004Home Sold	$15,700

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$5,433	$245,897
2019	$5,385	$248,020
2017	$5,083	$228,921

History based on county public records data.

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**Disclosures

Rocket Homes›Texas›Hidalgo County›Penitas›78576›18202 Washington Palm Dr

This home is located at 18202 Washington Palm Dr in Penitas, TX and zip code 78576. This 4,536 square foot home, which was built in 2004, sits on a 0.50 acre lot. It has been listed on Rocket Homes since December 02, 2024 and is currently priced at $435,000.

The inventory of homes for sale in Hidalgo County, TX between November 2024 and December 2024 increased by 18.6%. The median list price of listings available in December 2024 was $272,018, while the average time on the real estate market was 119 days.

From Rocket Homes Real Estate and based on county public records data.