301 Elida St Palmhurst, TX 78573
Estimated payment $3,516/month
Highlights
- 0.61 Acre Lot
- Walk-In Closet
- Tile Flooring
- No HOA
- Laundry closet
- Central Heating and Cooling System
About This Home
Investors, don't miss this opportunity in Mission, TX! This 9-unit multifamily property offers approximately 6,777 square feet of living space, with each unit featuring 2 bedrooms and 1 bathroom. The property has a strong rental history and generates approximately $63,540 in gross annual rental income. Conveniently located near Mile 3 and Conway Avenue, tenants enjoy easy access to H-E-B, Walmart, restaurants, TruFit Athletic Club, and Veterans Memorial High School. Whether you're looking to expand your portfolio or secure a solid income-producing asset, this property offers strong potential in a prime Mission location.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,539
Year Built
- Built in 2003
Lot Details
- 26,768 Sq Ft Lot
- Privacy Fence
Parking
- No Garage
Home Design
- Slab Foundation
Interior Spaces
- Walk-In Closet
- 6,780 Sq Ft Home
- 1-Story Property
- Tile Flooring
- Stove
Laundry
- Laundry closet
- Washer and Dryer Hookup
Schools
- Midkiff Elementary School
- Cantu Middle School
- Veterans Memorial High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number E513500000000600
Community Details
Overview
- No Home Owners Association
- Elida Subdivision
Building Details
- Insurance Expense $3,500
- Maintenance Expense $600
- Gross Income $81,000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $12,157 | $549,718 | $117,779 | $431,939 |
| 2024 | $10,841 | $538,939 | $117,779 | $421,160 |
| 2023 | $10,920 | $544,002 | $117,779 | $426,223 |
| 2022 | $8,457 | $419,368 | $93,688 | $325,680 |
| 2021 | $6,975 | $339,382 | $93,688 | $245,694 |
| 2020 | $6,677 | $311,699 | $93,688 | $218,011 |
| 2019 | $6,787 | $302,727 | $93,688 | $209,039 |
| 2018 | $6,537 | $289,290 | $49,521 | $239,769 |
| 2017 | $7,001 | $307,418 | $49,521 | $257,897 |
| 2016 | $5,707 | $250,590 | $49,521 | $201,069 |
| 2015 | $6,122 | $269,778 | $49,521 | $220,257 |
| 2014 | $6,122 | $272,113 | $49,521 | $222,592 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/25/2026 06/25/26 | For Sale | $550,000 | 0.0% | $81 / Sq Ft | |
| 06/04/2026 06/04/26 | Off Market | $750 | -- | -- | |
| 09/09/2025 09/09/25 | For Rent | $750 | 0.0% | -- | |
| 05/12/2021 05/12/21 | Sold | -- | -- | -- | View Prior Sale |
| 03/08/2021 03/08/21 | Pending | -- | -- | -- | |
| 02/13/2021 02/13/21 | For Sale | $495,000 | +27.6% | $73 / Sq Ft | |
| 02/09/2016 02/09/16 | Sold | -- | -- | -- | View Prior Sale |
| 01/31/2016 01/31/16 | Pending | -- | -- | -- | |
| 09/18/2014 09/18/14 | For Sale | $388,000 | -- | $57 / Sq Ft |
Source: Greater McAllen Association of REALTORS®
MLS Number: 508076
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Greater McAllen Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed.
Copyright 2026 Greater McAllen Association of Realtors. All rights reserved.
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