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221 Mile 1 N Drive, 
Palmview, TX 78572

$1,600,000

—

Bed

—

Bath

14,560

Sq Ft

Multi-Family

Active

Listed by

Candice Clayton

Winners Circle

956-250-7453

Last updated:

May 18, 2026, 06:03 PM

MLS#

504212

Source:

TX GMAR

About This Home

221 Mile 1 N Drive

Excellent multifamily investment opportunity in Palmview, TX. This fully occupied income producing property features 20 units, each offering 2 bedrooms and 1 bathroom. Conveniently located near shopping, restaurants, schools, and major roadways, this property offers strong rental potential in a rapidly expanding area of the Rio Grande Valley. The property presents an excellent opportunity for investors seeking steady cash flow, long-term appreciation, and a well positioned multifamily asset. Don’t miss the chance to add this fully occupied investment property to your portfolio. Call today for additional information or to schedule a private showing.

Home Facts

Multi-Family

Built in 1992

Price Summary

1,600,000

$109 per Sq. Ft.

MLS #:

504212

Last Updated:

May 18, 2026, 06:03 PM

Added:

20 day(s) ago

Rooms & Interior

Interior

Living Area:

14,560 Sq. Ft.

Structure

Structure

Building Area:

14,560 Sq. Ft.

Year Built:

1992

Lot

Lot Size (Sq. Ft):

117,193

Finances & Disclosures

Finances

Price:

$1,600,000

Price per Sq. Ft:

$109 per Sq. Ft.

Source:TX GMAR
The information being provided by Greater Mcallen Association Of REALTORS® Inc Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Greater Mcallen Association Of REALTORS® Inc Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.