$475,000
PENDING NEW CONSTRUCTION $20K PRICE DROP

Estimated payment $2,705/month

Total Views 2,985
-- Bed
-- Bath
3,254 Sq Ft
$146 Price per Sq Ft

Highlights

  • New Construction
  • Walk-In Closet
  • Laundry Room
  • Cul-De-Sac
  • Home Security System
  • 2-minute walk to Cesar Chavez Park

About This Home

Investor-Ready Four-plex - Fully Occupied with Immediate Cash Flow!

Looking to build wealth and secure your financial future? This brand-new, fully leased four-plex in the sought-after "White Stone Villas" Subdivision in Palmview, TX. is your chance to become a property owner and a landlord from day one!

Featuring two buildings with two spacious 2- bedroom/2 bath units in each, this turn-key property offers immediate rental income and a proven rental history. Each unit is thoughtfully designed with modern finishes, state-of-the-art appliances, and massive walk-in closets for ample storage. Whether you're a first-time investor or expanding your portfolio, this low-maintenance property offers the perfect opportunity to generate residual income and build equity in a rapidly growing area.

Don't miss out on this exciting path to financial freedom and a stronger retirement plan.

Listing Agent

Nora E Perez

Rodrock Realty Listed on: 03/04/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,640

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 9,426 Sq Ft Lot
  • Cul-De-Sac
  • Wood Fence
  • Sprinkler System

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 8 Carport Spaces

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Shingle Roof
  • Stone

Interior Spaces

  • Walk-In Closet
  • 3,254 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Electric Range

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Flores Elementary School
  • Chavez Middle School
  • La Joya High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Utilities District Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number W514500000000600

Community Details

Overview

  • 4 Units
  • J. Chapa Construction Llc Association
  • White Stone Villas Subdivision

Building Details

  • Maintenance Expense $500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,640

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Directions: Head West on Interstate 2 going towards La Joya ISD. Take exit on Showers Rd. When you hit that first light turn left, go straight and pass Chavez Middle School. Right after Chavez Middle School you will see a park. In front of the park to the left hand side you will see "White Stone Villas Subdivision".
  • Year Built: 2024
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2164
  • Road Surface Type: Paved
  • Subdivision Name: White Stone Villas
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: Yes
  • Efficiency: None
  • Building Stories: 1
  • GMAR_Escrow: 5000
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Furnished: Unfurnished
  • Appliances: Electric Water Heater, Dryer, Refrigerator, Stove/Range-Electric Smooth, Washer
  • Other Equipment: 1 Year Warranty
  • Flooring: Tile
  • Living Area: 3254

Exterior Features

  • Exterior Features: Sprinkler System
  • Interior Amenities: Ceiling Fan(s), Dryer, Walk-In Closet(s), Washer
  • Fencing: Wood
  • Lot Features: Cul-De-Sac, Sidewalks, Sprinkler System
  • Home Warranty: No
  • Construction Type: Brick, Stone
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Property Condition: New Construction
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: Other Garage or Carport
  • Total Parking Spaces: 8

Utilities

  • Utilities: Cable Available
  • Laundry Features: Laundry Room, Washer/Dryer Connection
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: MUD

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Association Fee: 450
  • Association Fee Frequency: Annually
  • Association Name: J. Chapa Construction LLC
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 9425.9484
  • Parcel #: W514500000000600

Building Info

  • Buildings: 1

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1640

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 Pending -- -- --
07/29/2025 07/29/25 Price Changed $475,000 -2.1% $146 / Sq Ft
01/31/2025 01/31/25 Price Changed $485,000 -2.0% $149 / Sq Ft
03/04/2024 03/04/24 For Sale $495,000 -- $152 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Source: Greater McAllen Association of REALTORS®

MLS Number: 429713

Greater McAllen Association of REALTORS®