For sale

$399,000

2701 El Barquito Dr, Palmview, TX 78572

6beds

5baths

3,000sqft

$2,989/mo

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Multi Family

Built in 2005

-- sqft lot

$-- Zestimate^®

$133/sqft

$-- HOA

What's special

JUST REDUCED! NICE 5PLEX FOR SALE, 2 UNITS ARE STUDIOS (OPEN CONCEPT) EACH ONE FULL BATHROOM, 2 UNITS ARE 1 BEDROOM, 1 BATH, & 1 UNIT IS 2 BEDS, 1 BATH, MONTHLY RENT INCOME IS $3,650+, BIG 0.75 (3/4) ACRE LOT, ROOM FOR ONE MORE BUILDING, INCLUDES 8 SECURITY CAMERAS WITH SALE, AC MINI SPLITS IN EVERY UNIT, RENT INCLUDES WATER & TRASH COLLECTION, TENANTS PAY FOR ELECTRICITY WITH EACH UNIT HAS AN ELECTRIC METER. 5PLEX WELL LOCATED IN A CORNER LOT ON ABRAMS RD & EL BARQUITO ST. PALMVIEW, TX. QUICK ACCESS TO EXP 83, AND CLOSE TO HEB, FOOD ESTABLISHMENTS, AND MANY MORE! BUILDING & UNITS ARE IN GOOD CONDITION, GOOD INVESTMENT OPPORTUNITY, INCOME PRODUCING PROPERTY! CAP RATE @ 7.5%.

213 days

22

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 5

Heating

Has Heating (Unspecified Type)

Cooling

Central Air

Appliances

Included: Electric Water Heater, Water Heater (Other), Refrigerator, Stove/Range
Laundry: None

Features

Other
Flooring: Tile

Interior area

Total structure area: 3,000
Total interior livable area: 3,000 sqft

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Property

Parking

Parking features: No Carport, No Garage

Features

Exterior features: None
Fencing: Barbed Wire

Lot

Size: 0.73 Acres
Features: Corner Lot

Details

Additional structures: Outbuilding (None)
Parcel number: E348000000003400

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick
Foundation: Slab
Roof: Composition

Condition

Year built: 2005

Utilities & green energy

Sewer: Public Sewer, Other

Green energy

Energy efficient items: Other

Community & HOA

Community

Features: Other
Subdivision: El Barquito

HOA

Has HOA: No

Location

Region: Palmview

Financial & listing details

Price per square foot: $133/sqft
Tax assessed value: $262,715
Annual tax amount: $7,409
Date on market: 1/6/2026
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$1,961/mo

Price history

Date	Event	Price
4/16/2026	Price change	$399,000-6.1%$133/sqft
Source: Greater McAllen AOR #491334 Report a problem
2/10/2026	Price change	$425,000-1%$142/sqft
Source: Greater McAllen AOR #491334 Report a problem
1/6/2026	Listed for sale	$429,500$143/sqft
Source: Greater McAllen AOR #491334 Report a problem
1/1/2026	Listing removed	$429,500$143/sqft
Source: Greater McAllen AOR #456119 Report a problem
8/6/2025	Price change	$429,500-1.3%$143/sqft
Source: Greater McAllen AOR #456119 Report a problem
6/25/2025	Price change	$435,000-2.2%$145/sqft
Source: Greater McAllen AOR #456119 Report a problem
5/8/2025	Price change	$445,000-1.1%$148/sqft
Source: Greater McAllen AOR #456119 Report a problem
12/5/2024	Listed for sale	$450,000+757.1%$150/sqft
Source: Greater McAllen AOR #456119 Report a problem
10/22/2011	Listing removed	$52,500$18/sqft
Source: INB Realty #146246 Report a problem
10/11/2011	Listed for sale	$52,500$18/sqft
Source: INB Realty #146246 Report a problem
10/18/2010	Sold	--
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,539 -12.9%	$262,715 -11.8%
2024	$7,511 +5%	$297,854 +3.6%
2023	$7,154 +12.8%	$287,637 +22.8%
2022	$6,344 +12.3%	$234,261 +11.5%
2021	$5,648	$210,083 -5.4%
2020	--	$222,163 +4.8%
2019	$5,755 +69.6%	$212,066 -0.1%
2018	$3,393	$212,181 +70.1%
2017	$3,393 -1%	$124,739 -1.5%
2016	$3,426 +31.9%	$126,651 -1.6%
2015	$2,597	$128,668 -5.2%
2011	--	$135,669 -0.8%
2010	--	$136,829 -0.8%
2009	--	$137,989 +475.5%
2008	--	$23,977
2007	--	$23,977
2006	--	$23,977
2005	--	$23,977
2004	--	$23,977 +7%
2003	--	$22,399
2002	--	$22,399 +37.8%
2001	--	$16,252
2000	--	$16,252

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 78572

Getting around

23 / 100

Car-Dependent

41 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

4/10
Guillermo Flores Elementary School
Grades: PK-5Distance: 0.7 mi
5/10
Cesar Chavez Middle School
Grades: 6-8Distance: 1.1 mi
3/10
La Joya High School
Grades: 9-12Distance: 4.7 mi

Schools provided by the listing agent

Elementary: Flores
Middle: Chavez
High: La Joya H.S.
District: La Joya ISD

Source: Greater McAllen AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.