1502 Diamond Avenue, Penitas, TX 78576

Local realty services provided by:CENTURY 21 Johnston Company
1502 Diamond Avenue,Penitas, TX 78576
$699,000
  • - Beds
  • - Baths
  • 10,164 sq. ft.
  • Multi-family
  • Active
Listed by: marisol morris
Office: berkshire hathaway homeservices rgv realty
MLS#:457211
Source:TX_GMAR

Price summary

  • Price:$699,000
  • Price per sq. ft.:$68.77

About this home

Attention All Investors! Don't miss this incredible investment opportunity and fully occupied! 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. Hurry and take advantage of this fantastic opportunity before it's gone!

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Home facts

  • Year built:2003
  • Listing ID #:457211
  • Added:333 day(s) ago
  • Updated:December 17, 2025 at 08:24 PM

Rooms and interior

  • Living area:10,164 sq. ft.

Heating and cooling

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

Structure and exterior

  • Roof:Shingle
  • Year built:2003
  • Building area:10,164 sq. ft.
  • Lot area:1 Acres

Schools

  • High school:La Joya H.S.
  • Middle school:Chavez
  • Elementary school:JFK

Utilities

  • Water:Electric Water Heater, Public Water
  • Sewer:City Sewer

Finances and disclosures

  • Price:$699,000
  • Price per sq. ft.:$68.77
  • Tax amount:$19,693