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Two-Building Apartment Investment
For Sale
Contact for pricing
Pending

713 S Illinois Ave, Weslaco, TX 78596

Two side-by-side two-story buildings offer eight 1-bedroom units with a 2018 metal roof and shared laundry.

Property SizeContact for details
Days on Market120

Property Features for 713 S Illinois Ave

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Highway Access Yes
Multifamily Units 8

Amenities

laundry facility

Building Details

Stories 2
Listing Agency: KW RGV Keller Williams Realty
Listed By: Juan Carpio · License #553055
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 8 at 2:45PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW RGV Keller Williams Realty

Investment Insights

Based on property information with market context.

This multifamily property consists of two side-by-side, two-story buildings containing four units each. Across the eight total apartments, each unit includes one bedroom and one bathroom, along with a kitchen featuring a dining area and a large living room. The metal roof was installed in 2018.

The property is described as centrally located and provides ample parking. It also includes a laundry facility that is noted as generating additional income.

This offering is part of a larger 7-building investment portfolio totaling 59 units, which may be purchased as a package or individually. Please inquire for package pricing.

Key Highlights

  • 8‑unit multifamily: two side‑by‑side two‑story buildings with four 1BD/1BA units in each building
  • 2018 metal roof
  • All units include a kitchen with a dining area and a large living room

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency HVAC Service Law Firm Electrical Service Carpet & Flooring Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,102
Businesses Nearby

Demographics for 78596, TX

37,329
Population
15,824
Households
2.4
Avg Household Size
36
Median Age
21%
College-Educated
75%
High-School Grad
40.1 sq mi
ZIP Area
931
Density / Sq Mi
$53,797
Median Household Income
$31,618
Median Earnings
$917
Median Rent
$92,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two side-by-side two-story buildings offer eight 1-bedroom units with a 2018 metal roof and shared laundry.
Where is this apartment building located?
The property is located at 713 S Illinois Ave Weslaco, TX.
What are key features of this property?
This property features: 8‑unit multifamily: two side‑by‑side two‑story buildings with four 1BD/1BA units in each building; 2018 metal roof; All units include a kitchen with a dining area and a large living room
More about this property
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