Sign In

Close

x
Showing 1 of 0
X
Save
1502 Diamond Avenue Penitas TX 78576US492422
1502 Diamond Avenue PenitasTX78576
620000.0000 1/1/1900 12:00:00 AM
Realty Executives Rio Grande Valley-McAllen
902 Orange Ave, Suite AMcAllenTX78501
956-971-8989
1 /

Courtesy of: Marisol Q. Morris, Berkshire Hathaway HomeService, marisolmorris@aol.com

1502 Diamond Avenue
Penitas TX 78576 US

Save
1 /

Courtesy of: Marisol Q. Morris, Berkshire Hathaway HomeService, marisolmorris@aol.com

Realty Executives Rio Grande Valley-McAllen
902 Orange Ave, Suite A
McAllen, TX, US 78501
956-971-8989

Get more info about this property

1502 Diamond Avenue
Penitas TX 78576 US

$620,000

Active Listing ID 492422
lot icon
Lot: 1.00 Acres
home icon
Other

$620,000

Active Listing ID 492422
Save
3d icon
Maps

1502 Diamond Avenue Attention All Investors! Incredible investment opportunity to own a fully occupied/rented 8-plex! 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 the perfect choice. Hurry and take advantage of this fantastic opportunity before it's gone!

Collapse all

Property Features

  • Facts
  • Lot Size: 1.00 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Electric, Central Air
  • Roof Type: Shingle
  • Heating Fuels: Electric (Heating), Central

School Information

  • School
  • JFK(Elementary)
  • Chavez(MiddleSchool)
  • La Joya H.S.(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 620000
  • unparsedaddress: 1502 Diamond Avenue
  • postalcity: Penitas
  • stateorprovince: TX
  • country: US
  • postalcode: 78576
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 1.0049
  • lotsizeunits: Acres
  • lotsizearea: 1.0049
  • livingarea: 10164
  • livingareaunits: Square Feet
  • latitude: 26.247881
  • longitude: -98.44658
  • listagentfullname: Marisol Q. Morris
  • listagentemail: marisolmorris@aol.com
  • listagentkey: 3yd-GMARTX-801067430
  • listagentmlsid: 801067430
  • listagentpreferredphone: 9563300528
  • listagentofficephone: 9563300528
  • listofficekey: 3yd-GMARTX-79
  • listofficemlsid: 79
  • disclaimer: 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.
  • sourcesystemid: GMARTX
  • yearbuilt: 2003
  • listagenturl: http://www.bhhsRGVrealty.com
  • countyorparish: Hidalgo
  • parcelnumber: A493002000009A00
  • elementaryschool: JFK
  • highschool: La Joya H.S.
  • elementaryschooldistrict: La Joya ISD
  • middleorjuniorschooldistrict: La Joya ISD
  • highschooldistrict: La Joya ISD
  • appliances: Electric Water Heater, Refrigerator, Stove/Range
  • cooling: Electric, Central Air
  • constructionmaterials: Brick
  • heating: Electric (Heating), Central
  • numberofunitstotal: 8
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • parkingfeatures: Other, Garage
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: Berkshire Hathaway HomeServices
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Chain Link
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: False
  • location: -98.44658, 26.24788
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Shepherd Real Estate, Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"marisolmorris@aol.com", "ListBrokerageCity":"McAllen", "ListBrokerageCountry":"US", "ListBrokerageEmail":"wesellmcallen@aol.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/GMARTX/14880ca17de611e7925f0242ac110008/20210308194107873.png", "ListBrokerageName":"Shepherd Real Estate, Inc.", "ListBrokeragePhone":"(956) 682-4701", "ListBrokeragePostalCode":"78504", "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"208 W. Nolana", "ListBrokerageWebsiteUrl":"http://www.bhhsRGVrealty.com", "ListOfficeAddress1":"208 W Nolana ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"79", "ListOfficeCity":"Mcallen", "ListOfficeCountry":"USA", "ListOfficeEmail":"tomshep@aol.com", "ListOfficePostalCode":"78504-2513", "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Penitas, TX", "ListingURL":null, "MLSModificationTimestamp":"2026-01-17 17:38:22", "Neighborhoods":[{"Description":null, "Name":"Anadal"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":19693, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/30/2026 2:48:57 PM GMT
Source Updated Date: 3/7/2026 6:56:07 AM GMT

Courtesy of: Marisol Q. Morris, Berkshire Hathaway HomeService, marisolmorris@aol.com

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.

Contact