Improved Mixed-Use Land for Sale in Del Rio, Texas

PALMS OF BAYVIEW is a distinctive income-producing property, originally a motel and now successfully converted into 28 fully remodeled apartment- style rental units, offering a rare blend of steady cash flow and future growth potential. Situated on 5.97 scenic acres with breathtaking views of Lake Amistad Reservoir, the property is located just one mile from Diablo East Boat Ramp, making it highly attractive to outdoor enthusiasts, long-term tenants, and travelers alike. Each unit features a full kitchen or kitchenette, high-speed Wi-Fi and efficient air conditioning, while residents and guest enjoy amenities including a gated swimming pool, ample parking, and multiple BBQ areas. The property also includes a versatile commercial space suitable for a restaurant, event venue, meeting center, retail operation, or additional rental opportunities. With recent upgrades, turnkey operations, an unbeatable location near the lake, and endless possibilities, for expansion, PALM OF BAYVIEW represents an exceptional investment opportunity.