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6-Unit Apartment Property
For Sale
$245,000

220 W 5th St, Weslaco, TX 78596

Three-building rental asset with separate electric metering and current occupancy.

Property Size3,318 SF
Price / SF$73.84
Days on Market31

Property Features for 220 W 5th St

General Information

Standard status Active
Size 3,318 SF
Property subtype Multi-Family

Additional Details

Utilities to Site Yes
Multifamily Units 6

Building Details

Year Built 1948
Buildings 3
Listing Agency: TNT Real Estate
Listed By: Rebeca Bermudez · License #0657513
Source: Aregtx
Added: Aug 1 Changed: Aug 29 Last Checked: Aug 30 at 7:12PM

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 TNT Real Estate

Investment Insights

Based on property information with market context.

This 6-unit apartment property comprises three separate buildings and a mix of unit types. The improvements date to 1948 and contain 3,318 square feet. Each unit has its own electric meter, while water service is provided through one shared meter. Current income is in place, and the property has consistent occupancy. Ongoing maintenance and updates have been completed across the units.

Located at 220 W 5th St in Weslaco, the property is situated in a downtown area with access to schools, shopping, and major roadways. Showings are available by appointment due to occupancy.

Key Highlights

  • Six apartment units across three buildings
  • 3,318 square feet; built in 1948
  • Six separate electric meters and one shared water meter

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply HVAC Service Electrical Service Storage Facility

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

6
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

984
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Three-building rental asset with separate electric metering and current occupancy.
Where is this apartment building located?
The property is located at 220 W 5th St Weslaco, TX.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Six apartment units across three buildings; 3,318 square feet; built in 1948; Six separate electric meters and one shared water meter
More about this property
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