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$410,000

18202 Washington Palm Dr Penitas, TX 78576

4,536 sqft
0.5 acres
$90 / sqft
Multi-Family

Property details

About 18202 Washington Palm Dr

Great investment opportunity in the growing city of Penitas Texas!! This well maintained 6-plex features 2 Bed 1 Bath units, a new roof, is fully occupied and generates $4,500 of monthly income- with room for improvement! Don't miss out on this great opportunity of stable cash flow and growth. Schedule a showing and secure this investment today!

Highlights

Home typeMulti Family
HeatingCentral
StatusActive
CoolingCeiling Fan(s), Central Air
Size4,536 sqft
Lot size0.5001 Acres
Year built2004
ParkingNo Garage
MLS #459692

Summary

  • Appliances: Electric Water Heater, Other
  • Flooring Type: Tile
  • Interior: Ceiling Fan(s), Other
  • Parking: No Garage
  • Exterior: Other
  • Heating: Central
  • Cooling: Ceiling Fan(s), Central Air
  • List Price: $410,000
  • Price/SqFt: $90
  • Annual Tax Amount: $8,513
  • Tax Year: 2023
  • Directions: Address is 18202 Washington Palm Dr Penitas
  • Year Built: 2004
  • Stories: 1
  • Living Area: 4,536 SqFt
  • Lot Size: 0.5001 Acres
  • MLS Number: 459692
  • MLS Name: McAllenTX
  • Office Name: Dean & Co. Realty
  • Office Phone: (346) 803-0054
  • Listing Agent: Marcelino Gonzalez

Listing information provided by Greater McAllen Association of REALTORS MLS. Information is deemed to be reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 7/21/2025, 7:45:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Jan 07, 2004
Home Sold
$15,700

Tax history

YearAssessmentProperty Tax
2023$391,690$8,513
2022$312,276$6,833
2021$249,164$5,433
2020$245,897$5,433
2019$248,020$5,385
2017$228,921$5,082

History based on county public records data.

Nearby schools

7

William J Clinton Elementary School

Public District PK-5

0.3 mi

39202 W Mile 7 Rd

3

Corina Pena Elementary School

Public District PK-5

3.2 mi

4800 Liberty Blvd

4

Juan Seguin Elementary School

Public District PK-5

3.3 mi

8500 Western Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $27,622. The most common annual income of people living in Penitas, TX is less than $<35k. Most families are married, with kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

59%
<35k
36%
35k-100k
4%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

9%
Single, No Kids
19%
Single, with Kids
12%
Married, No Kids
60%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

31%
<11 yrs old
14%
12-17 yrs old
28%
18-34 yrs old
25%
35-64 yrs old
2%
65+ yrs old

What do the neighbors do for fun?

  • Monster TrucksMonster Trucks
  • HuntingHunting
  • NASCARNASCAR

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Dollar GeneralDollar General
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • ChevroletChevrolet
  • RamRam
  • GMCGMC

What do the neighbors listen to?

  • CountryCountry
  • Classic CountryClassic Country
  • New CountryNew Country
All data provided by Home Junction and Claritas

Frequently asked questions

About 18202 Washington Palm Dr

The listing price of 18202 Washington Palm Dr property is $410,000.

The property 18202 Washington Palm Dr is a multi located in Penitas, Texas, 78576.

Active Listing: 18202 Washington Palm Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 18202 Washington Palm Dr are: William J Clinton Elementary School (GreatSchools Rating 7/10), Corina Pena Elementary School (GreatSchools Rating 3/10), Juan Seguin Elementary School (GreatSchools Rating 4/10), Dr Javier Saenz Middle School (GreatSchools Rating 4/10), Juan de Dios Salinas Middle School (GreatSchools Rating 7/10), Lorenzo de Zavala Middle School (GreatSchools Rating 4/10), Juarez-Lincoln High School (GreatSchools Rating 2/10), Thelma Rosa Salinas STEM Early College High School (GreatSchools Rating 9/10), La Joya High School (GreatSchools Rating 3/10).

According to the records, the last property tax for 2023 is $8,513 (source: MLS/based on county public records data).

The last sale was on January 7, 2004 for $15,700 (source: MLS/tax record).

The property 18202 Washington Palm Dr is 4,536 SqFt (source: MLS/tax record).

The year of construction for 18202 Washington Palm Dr is 2004.

This home is located at 18202 Washington Palm Dr in Penitas, TX and zip code 78576. This 4,536 square foot home, which was built in 2004, sits on a 0.50 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 23, 2025 and is currently priced at $410,000.

From Rocket Homes Real Estate and based on county public records data.

More resources

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