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    2700 Mockingbird Rd Weslaco, TX 78596

    For Sale
    $499,000

    Brand new 4-unit apartment complex

    Property size:
    4,502 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional investment opportunity presents a brand-new, four-unit apartment complex located at 2700 Mockingbird Road, Weslaco, Texas, 78596. The property, situated on a 9,997.02 square foot lot, comprises two buildings totaling 4,502 square feet and features a mix of two and three-bedroom units. Construction is currently underway, with an estimated completion date of March-April 2025. Each unit boasts contemporary flooring, stylish kitchen bars, high-end cabinetry, and elegant quartz countertops. The master bedrooms include spacious walk-in closets, and the master bathrooms feature frameless shower doors. Energy-efficient LED lighting is installed throughout. The property is conveniently located near schools, shopping centers, and restaurants, making it highly attractive to renters. The complex includes carports located in front of the buildings and is a gated community situated at the corner of Pike Blvd and Milano Rd. This is a prime investment opportunity in a rapidly growing area. The asking price is $499,000. Note that pictures are for reference only, as the property is currently under construction.

    Property Features for 2700 Mockingbird Rd

    General Information

    Property type
    Multifamily properties
    Square Feet
    4,502 SF

    Building Details

    Year Built
    2024
    Buildings
    2
    Units
    4

    HighLights

    • Brand‑new, four‑unit apartment complex in Weslaco, TX.
    • Located on a 9,997 sq ft lot, totaling 4,502 sq ft of building space.
    • Features a mix of two and three‑bedroom units; estimated completion March‑April 2025.
    • Units include contemporary flooring, stylish kitchen bars, high‑end cabinetry, quartz countertops, walk‑in closets, and frameless shower doors.
    • Energy‑efficient LED lighting; gated community with carports; near schools, shopping, and restaurants.
    • Asking price: $499,000.
    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 - Brand new 4-unit apartment complex
    Where is this multifamily property located?
    The property is located at 2700 Mockingbird Rd Weslaco, TX.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: Brand-new, four-unit apartment complex in Weslaco, TX.; Located on a 9,997 sq ft lot, totaling 4,502 sq ft of building space.; Features a mix of two and three-bedroom units; estimated completion March-April 2025.
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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
    2700 Mockingbird Rd Weslaco, TX 78596
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