1502 Diamond Ave, Penitas, TX, 78576
About This Home
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!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2003
Materials
- Foundation: Slab
- Roof: Shingle
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Electric Water Heater,Refrigerator,Stove/Range
- Laundry features: Laundry Area
Bedrooms & Bathrooms
- Bedrooms: 17
- Bathrooms: 16
Features
- Ceiling Fan(s)
- Window features: Double Pane Windows
- Flooring: Tile
Heating & Cooling
- Heating features: Has Heating (Unspecified Type)
- Cooling features: Central Air,Electric
Interior Area
- Total structure area: 10,164
- Total interior livable area: 10,164 sqft
Property
Details
- Parcel number: A493002000009A00
Features
- Exterior features: None
- Fencing: Chain Link
Lot
- Lot size: 1.00 Acres
Parking
- Parking features: No Garage,Other Garage or Carport