Penitas TX Multi Family for Sale

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Type:
Other
Sq.Ft.:
10,164
Status:
Active
Beds:
n/a
Lot size:
1 Acres
Year built:
2003
Baths:
MLS#:
437639
Subdivision:
Anadal

ADDITIONAL INFORMATION

Explore this outstanding investment opportunity in a well-maintained, multi-unit property featuring 8 units with a solid rental history. This turnkey operation consists of seven 2-bedroom units and one spacious 3-bedroom unit, all currently tenant-occupied, ensuring immediate rental income. Each unit is designed for comfort and convenience, making it highly attractive to potential renters. This property is an ideal choice for investors seeking a stable income stream and excellent long-term value. Don't miss out on this chance to expand your real estate portfolio with a proven income-producing asset.

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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 Real Estate

The median home value in Penitas, TX is $105,600. This is higher than the county median home value of $97,500. The national median home value is $219,700. The average price of homes sold in Penitas, TX is $105,600. Approximately 76.88% of Penitas homes are owned, compared to 11.16% rented, while 11.96% are vacant. Penitas real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Penitas real estate agent to arrange a tour today!

Penitas, Texas has a population of 4,795. Penitas is more family-centric than the surrounding county with 52.19% of the households containing married families with children. The county average for households married with children is 38.66%.

The median household income in Penitas, Texas is $40,264. The median household income for the surrounding county is $37,097 compared to the national median of $57,652. The median age of people living in Penitas is 26.9 years.

Penitas Weather

The average high temperature in July is 97.3 degrees, with an average low temperature in January of 48 degrees. The average rainfall is approximately 23.1 inches per year, with 0.2 inches of snow per year.

Penitas Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    56
    30-day change

Penitas Schools and Demographics

Education near Penitas, TX

Metric City County
High School Graduates 59.18 63.69
College Degree - 2 year 3.24 4.6
College Degree - 4 year 7.68 17.85
Graduate Degree 0.36 3.77
Expenditures per Student 10,175 10,355
Students per Teacher 15.2 16.3

Elementary Schools near Penitas, TX

School Grades Students P/T Ratio ZIP
Alton Elementary School PK - 05 477 16.4 78573
Cantu Elementary School PK - 05 493 13.4 78573
Carl C Waitz Elementary School PK - 05 578 15.6 78573
Corina Pena Elementary School PK - 05 741 16.8 78576
Elodia R Chapa Elementary PK - 05 587 15.1 78574
Enrique Kiki Camarena Elementary School PK - 05 705 16.4 78574
Evangelina Garza Elementary PK - 05 771 15.7 78574
Hilda C Escobar/Alicia C Rios Elementary School PK - 05 559 16.2 78574
Hurla M Midkiff Elementary School PK - 05 672 18.2 78574
Jessie L Jensen Elementary School PK - 06 690 17.8 78573
John F Kennedy Elementary School PK - 05 820 16 78576
John H Shary Elementary School PK - 06 751 18 78574
Juan Seguin Elementary School PK - 05 860 16.7 78574
Mims Elementary School PK - 05 592 18.4 78574
Raquel Cavazos Elementary PK - 05 519 17.3 78573
Rosendo Benavides Elementary School PK - 05 465 15 78595
Salinas Elementary School PK - 05 509 16 78573
Sam Fordyce Elementary School PK - 05 500 15.2 78595
Tabasco Elementary School PK - 05 781 16.4 78560
William J Clinton Elementary School PK - 05 686 16.5 78576

Middle Schools near Penitas, TX

School Grades Students P/T Ratio ZIP
Alton Memorial Junior High School 06 - 08 919 13.9 78573
Domingo Trevino Middle 06 - 09 908 14.8 78573
Dr Javier Saenz Middle School 06 - 09 736 13.1 78576
Juan De Dios Salinas Middle School 06 - 09 851 14 78574
Lorenzo De Zavala Middle School 06 - 09 700 13.1 78560
Rafael A Cantu Junior High School 06 - 08 746 13.7 78573

High Schools near Penitas, TX

School Grades Students P/T Ratio ZIP
Jimmy Carter Early College H S 09 - 12 369 14.3 78560
Juarez-Lincoln High School 09 - 12 2,357 14.8 78574
La Joya High School 09 - 12 2,484 14.1 78560
Veterans Memorial High School 09 - 12 1,849 14.5 78574

Ungraded Schools near Penitas, TX

School Grades Students P/T Ratio ZIP
Hope Academy 05 - 12 55 3.7 78560
Thelma Rosa Salinas Stem Early College H S 09 - 11 290 13.7 78560

Demographics near Penitas, TX

Metric City County
Neighborhood Type City Neighborhood
Population 4,795 839,539
Population Density 1,210 534
Median Age 26.9 28.9
People per Household 4 3.6
Median Household Income 40,264 37,097
Average Income per Capita 14,288 15,883