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    2602 Clearview St Weslaco, TX 78596

    For Sale
    $475,000

    Four-unit apartment building, high-growth area.

    Property size:
    1,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 2024-built multifamily property, located at 2602 Clearview Street in Weslaco, Texas, presents a compelling investment opportunity. The property consists of two buildings encompassing a total of four units and 1,000 square feet of living space, situated on a generous 8,712 square foot lot. Its prime location offers significant advantages, including proximity to Weslaco East High School and a high-density medical area anchored by Knapp Medical Center. The property's strategic placement near Interstate 2 ensures high visibility and accessibility, maximizing potential for growth and future revenue generation. This duplex/triplex/quadruplex building represents a chance to acquire a stable, cash-flowing asset in a thriving Texas market. The asking price is $475,000. The property's recent construction (2024) minimizes immediate maintenance needs and offers the potential for long-term appreciation. This investment presents a strong opportunity for both experienced and new investors seeking a reliable and potentially high-return asset in a desirable location. The property's zip code is 78596. This is a turnkey opportunity to establish or expand your investment portfolio.

    Property Features for 2602 Clearview St

    General Information

    Property type
    Multifamily properties
    Square Feet
    1,000 SF

    Building Details

    Year Built
    2024
    Buildings
    2
    Units
    4

    HighLights

    • $475,000 asking price for a four‑unit apartment building.
    • Multifamily property with four units, totaling 1,000 square feet.
    • Located at 2602 Clearview Street, Weslaco, TX 78596, on an 8,712 square foot lot.
    • Two buildings constructed in 2024.
    • Excellent location near Weslaco East High School, Knapp Medical Center, and Interstate 2, offering high visibility and potential for strong rental income.
    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 - Four-unit apartment building, high-growth area.
    Where is this multifamily property located?
    The property is located at 2602 Clearview St Weslaco, TX.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: $475,000 asking price for a four-unit apartment building.; Multifamily property with four units, totaling 1,000 square feet.; Located at 2602 Clearview Street, Weslaco, TX 78596, on an 8,712 square foot lot.
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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
    2602 Clearview St Weslaco, TX 78596
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