About This Home

This 0-bedroom, 0-bathroom residential multi family at 2701 El Barquito Drive in Palmview, TX is listed for $399,000 ($133 per sqft). Built in 2005, the home offers 3,000 sqft of living space on a 0.73 acres lot.

Key Features

  • Built in 2005
  • 0.73 acre lot

Property Details

1 story
2005

Amenities

A/C
Listing Description

JUST REDUCED! NICE 5PLEX FOR SALE, 2 UNITS ARE STUDIOS (OPEN CONCEPT) EACH ONE FULL BATHROOM, 2 UNITS ARE 1 BEDROOM, 1 BATH, & 1 UNIT IS 2 BEDS, 1 BATH, MONTHLY RENT INCOME IS $3,650+, BIG 0.75 (3/4) ACRE LOT, ROOM FOR ONE MORE BUILDING, INCLUDES 8 SECURITY CAMERAS WITH SALE, AC MINI SPLITS IN EVERY UNIT, RENT INCLUDES WATER & TRASH COLLECTION, TENANTS PAY FOR ELECTRICITY WITH EACH UNIT HAS AN ELECTRIC METER.

5PLEX WELL LOCATED IN A CORNER LOT ON ABRAMS RD & EL BARQUITO ST. PALMVIEW, TX. QUICK ACCESS TO EXP 83, AND CLOSE TO HEB, FOOD ESTABLISHMENTS, AND MANY MORE! BUILDING & UNITS ARE IN GOOD CONDITION, GOOD INVESTMENT OPPORTUNITY, INCOME PRODUCING PROPERTY! CAP RATE @ 7.5%.

Monthly Cost Estimate

$2,134/mo

20% down · 6.5% · 30 years

Principal$289
Interest$1,729
Insurance$116

Estimates only. Actual payments may vary.

Location

2701 El Barquito Drive

Palmview, TX 78572

El Barquito

Property Details

Construction

Brick

Parking

None

Heating

Central

Cooling

Central Air

Appliances

Electric Water HeaterWater Heater (Other)RefrigeratorStove/Range

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 2701 El Barquito Drive is listed at $399,000 ($133/sqft). The estimated monthly payment is $2,134 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2005, 0.73 acre lot.

This property is listed by Francisco G. Pacheco.

FP

Francisco G. Pacheco

Agent at Alliance Real Estate Group

Listed by Alliance Real Estate Group · Broker phone: (956) 340-4633 · View on Broker Site · Broker website

MLS# 491334· Source: Greater McAllen Association of Realtors· 6 days on PropertySimple

Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2701 El Barquito Drive, Palmview, TX 78572

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