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    2909 Charlie Rd Weslaco, TX 78596

    For Sale
    $485,000

    New Construction, 4-Unit Apartment Building, High ROI

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional investment opportunity presents a brand-new, four-unit apartment building in Weslaco, Texas. Completed in 2024, this property boasts two separate buildings situated within the desirable Dominions Subdivision, a gated community. The strategic location offers easy access to Highway 83, placing it conveniently between N Midway Road and Milano Road. This prime location provides residents with close proximity to a wide array of dining, shopping, and entertainment venues. The property comprises four units, with a mix of layouts: two 3-bedroom, 2-bathroom units and two 2-bedroom, 2-bathroom units. The total lot size is a generous 9,172.86 square feet. This fourplex represents a compelling investment opportunity with significant potential for a strong return. The asking price is $485,000. This turnkey property is ready for immediate income generation, making it an ideal addition to any investment portfolio. Don't miss this chance to secure a lucrative investment in a thriving Texas community. The property is located at 2909 Charlie Road, Weslaco, TX 78596, in Hidalgo County.

    Property Features for 2909 Charlie Rd

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    2024
    Buildings
    2
    Units
    4

    HighLights

    • Brand new, four‑unit apartment building completed in 2024.
    • Located in the desirable, gated Dominions Subdivision in Weslaco, Texas.
    • Convenient access to Highway 83, near N Midway and Milano Roads.
    • Four units total: two 3/2 and two 2/2 units.
    • 9,172.86 square foot lot.
    • Asking price: $485,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Map

    City
    Weslaco
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.991986
    Latitude
    26.1385465

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    FAQs

    What type of property is this?
    Multifamily property - New Construction, 4-Unit Apartment Building, High ROI
    Where is this multifamily property located?
    The property is located at 2909 Charlie 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: Brand new, four-unit apartment building completed in 2024.; Located in the desirable, gated Dominions Subdivision in Weslaco, Texas.; Convenient access to Highway 83, near N Midway and Milano Roads.
    Request Owner's contact information
    2909 Charlie Rd Weslaco, TX 78596
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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
    2909 Charlie Rd Weslaco, TX 78596
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