3803 Clavel Street

Palmview, TX 78572

$495,000

Beds: N/A
Baths: N/A
Square feet: 8,038
Lot: 0.27 acres
Year built: 1999
Type: Multi-family
Status: For Sale
MLS #: 496269

Mortgage estimate

$3,610/ month

20% down, 30 years, 6.5% rate. Includes estimated taxes and insurance.

Adjust the estimate

Estimates only, not a loan offer. Actual taxes, insurance, financing and closing costs vary.

About this home

Income-Producing 8-Plex! Well-maintained property featuring eight 2-bedroom, 1-bath units with strong tenant demand. Seven units are currently leased, with Unit #8 vacant and ready to show. Each unit offers tile flooring throughout, all-wood cabinetry, and included kitchen appliances. Property includes individual water and electric meters, with tenants paying all utilities. Landlord expenses are minimal, limited to landscaping and dumpster service (approx. $300/month). Ample parking with 16 covered spaces (two per unit). Conveniently located right off Expressway 83 / W Interstate Hwy 2 and near Cesar E. Chavez Middle School, providing easy access for commuters. Rental increases up to $795/month can be implemented on three units within the next 2–4 months, offering immediate upside. Ideal for investors seeking steady cash flow and future growth potential.

Features

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