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    2809 Alpha Rd Weslaco, TX 78599

    For Sale
    $485,000

    Four-unit apartment building, excellent ROI.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 2024-built fourplex, located at 2809 Alpha Road in Weslaco, Texas, presents a compelling investment opportunity. Comprising two buildings on a spacious 9,147.6 square foot lot, this property offers four individual rental units, each designed with modern amenities and comfortable living spaces. The property's strategic location in Weslaco provides easy access to local shops, restaurants, and schools, ensuring high tenant demand and occupancy rates. The thriving rental market in this vibrant Texas community makes this fourplex an attractive prospect for both seasoned investors looking to expand their portfolio and first-time buyers seeking a stable income stream. The asking price is $485,000, representing a significant return on investment in a rapidly growing area. This turnkey property requires minimal effort to manage, making it an ideal choice for those seeking a low-maintenance, high-yield investment. The property's recent construction ensures minimal maintenance costs and long-term durability, further enhancing its appeal. Don't miss this chance to secure your financial future in a promising Texas market. The property is situated in Hidalgo County, Texas, zip code 78599.

    Property Features for 2809 Alpha Rd

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    2024
    Buildings
    2
    Units
    4

    HighLights

    • $485,000 asking price for a fourplex.
    • Multifamily property with four units.
    • Newly constructed in 2024.
    • Two buildings on a 9,147.6 sq ft lot.
    • Located at 2809 Alpha Road, Weslaco, TX 78599.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Map

    City
    Weslaco
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.9914086
    Latitude
    26.1989275

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    FAQs

    What type of property is this?
    Multifamily property - Four-unit apartment building, excellent ROI.
    Where is this multifamily property located?
    The property is located at 2809 Alpha Rd Weslaco, TX.
    What is the asking price?
    The asking price for this property is $485,000.
    What are key features of this property?
    This property features: $485,000 asking price for a fourplex.; Multifamily property with four units.; Newly constructed in 2024.
    Request Owner's contact information
    2809 Alpha Rd Weslaco, TX 78599
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    Weslaco, TX 78599
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2809 Alpha Rd Weslaco, TX 78599
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