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Multifamily Investment Opportunity
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2050 TAFT ST., Weslaco, TX 78599

16-door multifamily investment opportunity with fully rented, newer fourplexes.

Property SizeContact for details
Days on Market655

Property Features for 2050 TAFT ST.

General Information

Standard status Active
Property subtype Special Purpose

Building Details

Year Built 2019
Listing Agency: Medina Real Estate-Weslaco
Listed By: Lori Porter · License #TX
Source: Crexi
Added: Nov 13, 2024 Changed: Aug 17 Last Checked: Aug 28 at 2:41PM

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 Medina Real Estate-Weslaco

Investment Insights

Based on property information with market context.

This is a 16-door multifamily investment opportunity, consisting of four fourplexes. The newer fourplexes are fully rented and generate rental income. All appliances are included. The property is located within a gated community and features 32 covered rear parking spaces. Interior features include custom cabinets with quartz countertops and ceramic tiled flooring. Each unit is equipped with an automatic sprinkler system, a back patio, and a privacy fence. The property includes eight 3-bedroom units and eight 2-bedroom units.

Key Highlights

  • 16‑unit multifamily investment property (four 4‑plexes).
  • Fully rented, generating immediate rental income.
  • Newer construction (built in 2019) with modern amenities.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom Dental Office Electrical Service Pharmacy Spa & Massage 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

325
Businesses Nearby

Demographics for 78599, TX

32,500
Population
9,945
Households
3.3
Avg Household Size
29
Median Age
16%
College-Educated
67%
High-School Grad
26.5 sq mi
ZIP Area
1,226
Density / Sq Mi
$55,939
Median Household Income
$27,841
Median Earnings
$954
Median Rent
$113,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Quadplex - 16-door multifamily investment opportunity with fully rented, newer fourplexes.
Where is this quadplex located?
The property is located at 2050 TAFT ST. Weslaco, TX.
What is the asking price?
The asking price for this property is $1,845,000.
What are key features of this property?
This property features: 16‑unit multifamily investment property (four 4‑plexes).; Fully rented, generating immediate rental income.; Newer construction (built in 2019) with modern amenities.
More about this property
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