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Leased Fourplex with Backyard
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3918 Las Vistas, Weslaco, TX 78596

Leased fourplex with solid tenants and private backyard.

Property SizeContact for details
Days on Market1024

Property Features for 3918 Las Vistas

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multifamily

Building Details

Year Built 2021
Buildings 2
Units 6
Listing Agency: Encore Fine Properties
Listed By: Sonia Romero
Source: Crexi
Added: Nov 11, 2023 Changed: Aug 8 Last Checked: Aug 29 at 12:30AM

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 Encore Fine Properties

Investment Insights

Based on property information with market context.

This is a leased fourplex, with all condos featuring private backyards. There is an additional community lot area. According to the HOA, with appropriate permits, it may be possible to build more condos. The fourplex is in great condition and features no carpet. It is located close to the expressway. One apartment will be available in April.

Key Highlights

  • Leased fourplex providing immediate rental income with solid tenants
  • Potential to build additional condos on the community lot (subject to HOA and permits)
  • All units are condos with private backyards

Property Analytics

Current Use

Quadplexes

Location Intelligence

Trade Area within ½ mile

833
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?
Quadplex - Leased fourplex with solid tenants and private backyard.
Where is this quadplex located?
The property is located at 3918 Las Vistas Weslaco, TX.
What is the asking price?
The asking price for this property is $520,000.
What are key features of this property?
This property features: Leased fourplex providing immediate rental income with solid tenants; Potential to build additional condos on the community lot (subject to HOA and permits); All units are condos with private backyards
(956) 821-6170 Call to check price and availability
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