708 Palmer Rd

Beds
Baths
4,136 Sq. Ft.
$126 / Sq. Ft.
4,136
Sq. Ft.
$126
per Sq. Ft.

Description

Fully leased fourplex in a prime Mission location, just minutes from grocery stores, shopping, and dining, with convenient expressway access in under 10 minutes. All units include appliances and window blind shades. A turnkey investment opportunity with immediate rental income and strong occupancy history.Fully leased fourplex in a prime Mission location, just minutes from grocery stores, shopping, and dining, with convenient expressway access in under 10 minutes. All units include appliances and window blind shades. A turnkey investment opportunity with immediate rental income and strong occupancy history.
  1. Listed by Blake Phillips • TREC #801071203 • Encore Fine Properties

Property Details for 708 Palmer Road

Community Features
Other
Subdivision Name
Amber Grove
LISTING UPDATED: 06/19/2026 03:57 PM

Property Details for 708 Palmer Road

StatusActive
MLS #507530
Days on Market8
Taxes$13,060 / year
HOA Fees-
Condo/Co-op Fees$100 / year
Property TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built2023
Lot Size0.23 AC / 10,000 SF
CountyHidalgo County

Location

Listing Courtesy of Encore Fine Properties
Add your commute

Building Information for 708 Palmer Road

Stories1Residences4Year Built2023Building Size-Lot Size0.23 AC / 10,000 SF

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$3,688 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,591

Property Taxes

$1,088

HOA Dues

$8

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Property Information for 708 Palmer Road

Summary
Location and General Information
  • Directions: From expressway and conway Take Conway Ave to 2 Mile Line Rd/W Mile 2 Rd Continue on 2 Mile Line Rd/W Mile 2 Rd. Drive to N Trosper Rd for about 1 mile and take left on palmer
  • Road Surface Type: Paved
Parking
  • Carport Spaces: 8.0
  • Carport YN: Yes
  • Covered Spaces: 8.0
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: No Garage
  • Parking Total: 8.0
School Information
  • Elementary School: Escobar
  • Elementary School District: Mission ISD
  • High School: Mission H.S.
  • High School District: Mission ISD
  • Middle Or Junior School: Alton-Memorial Junior High
  • Middle Or Junior School District: Mission ISD
Taxes and HOA
  • Association FeeFrequency: Annually
  • Association: No
  • Parcel Number: B22250000C004200
  • Tax Annual Amount: $13,060
  • Tax Legal Description: AMBER GROVE LOT 3
  • Tax Year: 2025
Property
Lot Information
  • Building Area Source: HidalgoCAD
  • Building Area Total: 4136.0
  • Building Area Units: Square Feet
  • Living Area: 4136.0
  • Living Area Source: HidalgoCAD
  • Living Area Units: Square Feet
  • Lot Features: Sidewalks
  • Lot Size Acres: 0.2296
  • Lot Size Area: 10000.0692
  • Lot Size Dimensions: 80 x 125
  • Lot Size Square Feet: 10000.0692
  • Lot Size Units: Square Feet
Property and Assessments
  • Year Built: 2023
  • Year Built Source: HCAD
  • Escrow: $4,500.00
Utilities
  • Irrigation Water Rights: No
  • Number Of Separate Water Meters: 5
  • Sewer: City Sewer
Green Features
  • Green Energy Efficient: Other, Thermostat
Mobile Home
Mobile Home Information
  • Home Warranty: No
Interior and Exterior Features
Exterior Features
  • Fencing: Wood
  • Pool: No
  • Number Of Buildings: 2
  • Construction Materials: Stone, Stucco
  • Other Structures: Outbuilding (Other)
  • Patio And Porch Features: Patio
  • Roof: Composition Shingle
  • Security Features: Smoke Detector(s)
  • Window Features: Energy Features (Double Pane Windows)
Interior Features
  • Appliances: Electric Water Heater, Dishwasher, Microwave, Stove/Range
  • Cooling: Central Air, Heat Pump
  • Cooling YN: Yes
  • Flooring: Tile
  • Heating: Central, Heat Pump
  • Heating: Yes
  • Interior Features: Ceiling Fan(s), Microwave, Split Bedrooms
  • Laundry Features: Laundry Closet, Washer/Dryer Connection
  • Foundation Details: Slab
Multi Family
Income & Expenses
  • Gross Income: $60,000.00
  • Insurance Expense: $693.00
  • Maintenance Expense: $100.00
Multi-Family Information
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Other Expense: $100.00

Property History for 708 Palmer Road

DateEvent & SourcePriceAppreciation
Jun 19, 2026

Listed (Active)

Greater McAllen Association of REALTORS #507530

$520,000
DateEvent & SourcePrice
06/19/2026

Listed (Active)

Greater McAllen Association of REALTORS #507530

$520,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 708 Palmer Road

Taxable ValueLand$139,000Additions$369,270Total$508,270
Tax Record2024$11,489 ($957 / month)
Home Facts
Total Finished SqFt4,136 SqFtAbove Grade Finished SqFt4,136 SqFtLot Size10,001 SqFtStyleMulti-Family Res (5+ Units)Year Built2023CountyHIDALGOAPNA4149-00-000-0003-00

Schools near 708 Palmer Road

This home is within Mission Consolidated Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Alton Memorial Jr High School
Public6 to 8

Mission High School
Public9 to 12

Mission Collegiate High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

708 Palmer Road is a multi-family home for sale in Mission, TX 78573. This property was listed for sale on June 19, 2026 by Encore Fine Properties, it's currently listed at $520,000. This listing's school district is Mission Consolidated Independent School District. Nearby schools include Hilda C Escobar/Alicia C Rios Elementary School, Alton Memorial Jr High School and Mission High School. 708 Palmer Road is a 0-bed, 0-bath, 4,136 sqft multi-family home built in 2023.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Encore Fine Properties

Based on information from one of the following Multiple Listing Services: GMAR MLS, South Texas MLS and Amarillo Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by GMAR MLS, South Texas MLS and Amarillo Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.