$900,000

1272 E Palma Vista Dr Palmview, TX 78572

Estimated payment $4,898/month

Total Views 533
3.03 Acres
$297,030 Price per Acre
131,987 Sq Ft Lot

About This Lot

This 3.03 Net Acre site is located on I-2 Frontage Rd. Site has 300'+- feet of frontage on I-2. Site is served by Agua Sud and City of Palmview. Development of the site may require city approvals, but most uses should be permitable. The site is large enough to support 30-60 multi-family units and some retail/mixed uses on Frontage too. The property is fenced.

Listing Agent

Laura Liza Paz, SIOR

Nai Rio Grande Valley Listed on: 07/15/2025

Nai Rio Grande Valley

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $386

Lot Details

  • 3.03 Acre Lot
  • Property fronts a highway
  • Irregular Lot
  • Property is zoned C3

Schools

  • Reyna Elementary School
  • Chavez Middle School
  • Palmview High School

Utilities

  • Septic Tank

Community Details

  • No Home Owners Association
  • Mission Groves Estate Subdivision

Listing and Financial Details

  • Assessor Parcel Number M500000003000940

Property Details

Property Type

Land

Est. Annual Taxes

$386

Lot Details

0

Listing Details

  • Directions: Travel West on Interstate 2 and exit 133, La Homa, to merge onto TX RD.364 N/W Exp. 83 Fronatage Rd. E. Palma Vista Dr./Fronatage Rd. toward La Homa/Bentsen Palm Dr. continue NW and property will be on the right side.
  • Property Sub Type: Acreage
  • Prop. Type: Land
  • Lot Size Acres: 3.03
  • Road Frontage Type: Highway
  • Road Surface Type: Paved Road, Paved
  • Subdivision Name: Mission Groves Estate
  • GMAR_Escrow: 9000
  • Special Features: None

Interior Features

  • Possible Use: Commercial, Other

Exterior Features

  • Fencing: Other
  • Lot Features: Other, Irregular Lot
  • Home Warranty: No

Utilities

  • Utilities: Electricity Connected, Water Connected, Septic
  • Electricity On Property: Yes
  • Sewer: Septic Tank
  • Water Source: Public, City
  • Water Comments: Agua Sud and City of Palmview

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Elementary School: Reyna
  • High School: Palmview H.S.
  • Junior High Dist: La Joya ISD
  • Middle Or Junior School: Chavez

Lot Info

  • Zoning: C3
  • Current Use: Unimproved
  • Lot Size Sq Ft: 131986.8
  • Parcel #: M500000003000940

Rental Info

  • Leased Rent Share: 0

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 386

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $29 $1,151 $881 $270
2023 $23 $924 $654 $270
2022 $21 $792 $522 $270
2021 $24 $334,584 $334,314 $270
2020 $22 $334,584 $334,314 $270
2019 $21 $334,584 $334,314 $270
2018 $26 $334,584 $334,314 $270
2017 $27 $195,833 $195,563 $270
2016 $23 $195,833 $195,563 $270
2015 $9,188 $195,833 $195,563 $270
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 For Sale $900,000 -- --
Source: Greater McAllen Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Edwards Abstract
Trustee Deed $93,735 None Available
Warranty Deed -- Southern Star Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $90,000 Purchase Money Mortgage
Source: Public Records

Source: Greater McAllen Association of REALTORS®

MLS Number: 476006

Greater McAllen Association of REALTORS®

APN: M5000-00-003-0009-40