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14-Unit Apartment Community
For Sale
$900,000

1612 Orange Ave, Weslaco, TX 78596

Four-building multifamily property with an on-site laundry room and a mix of studio and two-bedroom residences.

Property Size12,899 SF
Days on Market152

Property Features for 1612 Orange Ave

General Information

Standard status Active
Size 12,899 SF
Property subtype Multifamily
Occupancy 86%

Amenities

Great Starter Property
1999 Constuction
Multiple Value-Add Opportunities

Building Details

Building Size 12,899 SF
Units 14
Listing Agency: Austin Office
Listed By: William E. Stover, Jr. · License #TX: 622599
Source: Marcusmillichap
Added: Apr 3 Changed: Aug 30 Last Checked: Aug 30 at 9:53AM

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 Austin Office

Investment Insights

Based on property information with market context.

This apartment property contains 14 units across four buildings and offers 12,899 square feet of net rentable area. Constructed in 1999, the community features stucco exteriors, pitched roofs, and an on-site laundry room. The unit configuration includes one studio and 13 two-bedroom, two-bath units, creating a predominantly two-bedroom residential profile.

The property is located at 1612 Orange Ave in Weslaco, Texas, within Hidalgo County. Covered and reserved parking options are identified as potential additional income sources, while the vacant laundry facility provides an opportunity to add equipment. The property also has potential for RUBS implementation covering water, sewer, trash, and gas.

Key Highlights

  • 14‑unit apartment community at 1612 Orange Ave, Weslaco, TX 78596
  • 12,899 square feet of net rentable area
  • Four buildings constructed in 1999

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Restaurant Kitchen & Bath Showroom Garden Center

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

Location Intelligence

Trade Area within ½ mile

453
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 - Four-building multifamily property with an on-site laundry room and a mix of studio and two-bedroom residences.
Where is this apartment building located?
The property is located at 1612 Orange Ave Weslaco, TX.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 14‑unit apartment community at 1612 Orange Ave, Weslaco, TX 78596; 12,899 square feet of net rentable area; Four buildings constructed in 1999
More about this property
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