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For sale
    • Price cut: $100K (5/12)
    $1,600,000

    221 Mile Rd, Mission, TX 78574

    6beds
    3baths
    14,560sqft
    : 
    Apartment, Multi Family
    Built in 1992
    -- sqft lot
    $1,492,300 Zestimate®
    $110/sqft
    $-- HOA

    What's special

    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.
    13 days
    |
    79
    |
    10
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Candice Clayton 956-888-0052,

    Winners Circle

    Source: Greater McAllen AOR,MLS#: 504212

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      Heating
      • Has Heating (Unspecified Type)
      Cooling
      • Electric
      Appliances
      • Included: Electric Water Heater, Electric Cooktop, Refrigerator
      • Laundry: Laundry Area
      Features
      • Ceiling Fan(s)
      • Flooring: Other, Tile
      Interior area
      • Total structure area: 14,560
      • Total interior livable area: 14,560 sqft

      Property

      Parking
      • Total spaces: 20
      • Parking features: No Garage
      • Carport spaces: 20
      Features
      • Exterior features: None
      • Fencing: None
      Lot
      • Size: 2.69 Acres
      • Features: Irregular Lot
      Details
      • Additional structures: Outbuilding (None)
      • Parcel number: P030000000001400

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Apartment, Multi Family
      Materials
      • Stucco
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • Year built: 1992

      Utilities & green energy

      • Sewer: Public Sewer
      Green energy
      • Energy efficient items: None

      Community & HOA

      Community
      • Features: None
      • Subdivision: Palm Acres Estate
      HOA
      • Has HOA: No
      Location
      • Region: Mission

      Financial & listing details

      • Price per square foot: $110/sqft
      • Annual tax amount: $15,947
      • Date on market: 5/12/2026
      • Road surface type: Paved
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        Estimated market value

        $1,492,300

        $1.40M - $1.57M

        $1,024/mo

        Price history

        DateEventPrice
        5/12/2026Price change$1,600,000-5.9%$110/sqft
        Source: Greater McAllen AOR #504212 Report a problem
        8/21/2024Listed for sale$1,700,000+54.5%$117/sqft
        Source: Greater McAllen AOR #446842 Report a problem
        7/9/2021Sold--
        Source: Greater McAllen AOR #353018 Report a problem
        6/7/2021Pending sale$1,100,000$76/sqft
        Source: Greater McAllen AOR #353018 Report a problem
        3/5/2021Listed for sale$1,100,000$76/sqft
        Source: Greater McAllen AOR #353018 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          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.
          See how much you could borrow to make a competitive offer.

          Climate risks

          Neighborhood: 78574

          Getting around

          41 / 100
          Car-Dependent
          41 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Reyna
          • Middle: Garcia
          • High: Palmview H.S.
          • District: Mission 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.

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