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(734) 295-9675 info@workhorserealty.com
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    334 County St.
    Milan, MI 48160
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Home / Penitas / 1502 Diamond Avenue
1502 Diamond Avenue Penitas, TX 78576 1502 Diamond Avenue Penitas, TX 78576 1502 Diamond Avenue Penitas, TX 78576 1502 Diamond Avenue Penitas, TX 78576 1502 Diamond Avenue Penitas, TX 78576 1502 Diamond Avenue Penitas, TX 78576 1502 Diamond Avenue Penitas, TX 78576 1502 Diamond Avenue Penitas, TX 78576 1502 Diamond Avenue Penitas, TX 78576 1502 Diamond Avenue Penitas, TX 78576 View All Photos

$599,000

| Active

1502 Diamond Avenue

Penitas, TX 78576

10,164
Square Feet
111
Days on Market
505572
MLS#
Multi-Family
Type
Duplex/Multi-Unit
Structure
Residential
Zone
Contact

Attention All Investors! Incredible investment opportunity to own a fully occupied/rented 8-plex listed at $59 per sqft.! 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 a growing and excellent location. Hurry and take advantage of this fantastic opportunity before it's gone!

Property Details
Interior
Ceiling Fan(s)
Cooling
1
Heating
Central, Electric
Cooling Features
Central Air, Electric
Stories
1
Acres
0.0
Square Feet
10164
Lot Size (sqft)
1.0049
Parking Features
No Garage, Other Garage or Carport
Parking Type
Garage
Parking Carport Spaces
2
Property Type
Multi-Family
Year Built
2003
Foundation
Slab
Roof
Shingle
Sewer Information
City Sewer
Utility Source
Public
Appliances
Electric Water Heater, Refrigerator, Stove/Range
Subdivision
Anadal
School District
La Joya Isd
Elementary School
JFK
Middle School
Chavez
High School
La Joya H.S.
County
Hidalgo
Region
Penitas
Original List Price
$599,000
Taxes Annual
$19,693
MLS #
505572
Property Subtype
Multi Family
Fence
1
Parcel Number
A493002000009A00
MLS #
505572
Date Listed
May 27, 2026
Address
1502 Diamond Avenue
Location
Legal

IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.

Provided By
Listed by Marisol Q. Morris (#801067430)
Listing Office: Real Estate Professionals (#801072343)

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