1502 Diamond Avenue, Penitas, TX 78576
- 10,164 sqft
Multi-Family Home 
Built in 2003 
1acre lot
—— car garage 
$59/sqft 
Listed 1 month ago
Property Description
Attention All Investors! Incredible investment opportunity to own a fully occupied/rented 8-plex listed at $59 per sqft.! Located 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/2-bath units and one 3-bedroom/2-bath 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 a growing and excellent location. Hurry and take advantage of this fantastic opportunity before it's gone!
- Listing Status:
- Active
- Data Last Updated:
- July 5, 2026 at 7:08AM
- Listing Office:
- Real Estate Professionals : 956-682-4701
- Listing Agent:
- Marisol Q. Morris : 956-330-0528
- MLS ID:
- 505572
- General: Outbuilding (None)
- Parking: No GarageOther Garage or CarportParking spaces: 2
- Roofing: Shingle
- Windows: Energy Features (Double Pane Windows)
- General: Brick1Slab
- Road/Access: Paved
- Originating MLS: Greater McAllen
- School District: La Joya ISD
- County: Hidalgo
- Zoning: A493002000009A00
- Fencing: Chain Link
- Water: Public
- Sewer: City Sewer
- Source: Greater McAllen
This listing courtesy of Marisol Q. Morris , Real Estate Professionals
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
