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    2112 Redbud Ln Weslaco, TX 78596

    Sponsored
    For Sale
    $495,000

    Fourplex, 4 Units, Excellent ROI

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional investment opportunity presents a newly constructed (2022) fourplex located at 2112 Redbud Lane, Weslaco, Texas, 78596. The property boasts a generous lot size of 10,855 square feet and comprises two buildings, offering a total of four rental units. The unit mix includes two three-bedroom, two-bathroom units and two two-bedroom, two-bathroom units. All units come fully equipped with appliances, ensuring immediate rental income. This turnkey investment is ideally situated for convenient access to major roadways, including the expressway, and is within close proximity to a variety of amenities such as restaurants and schools. The asking price for this fully rented property is $495,000. Note that a neighboring property, 2108 Redbud Lane, is also available for purchase. This presents a unique opportunity to acquire a significant portfolio in a desirable location. The property's recent construction ensures minimal maintenance and long-term value. This is a rare chance to acquire a high-yield, low-maintenance multifamily investment in a thriving Texas market.

    Property Features for 2112 Redbud Ln

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    2022
    Buildings
    2
    Units
    4

    HighLights

    • $495,000 asking price.
    • Four‑unit multifamily apartment building.
    • Two buildings on a 10,855 sq ft lot.
    • Built in 2022.
    • Two 3/2 units and two 2/2 units, all with appliances included.
    • Fully rented, excellent investment opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Map

    City
    Weslaco
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.970797
    Latitude
    26.1583933

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    FAQs

    What type of property is this?
    Multifamily property - Fourplex, 4 Units, Excellent ROI
    Where is this multifamily property located?
    The property is located at 2112 Redbud Ln Weslaco, TX.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: $495,000 asking price.; Four-unit multifamily apartment building.; Two buildings on a 10,855 sq ft lot.
    Request Owner's contact information
    2112 Redbud Ln 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
    2112 Redbud Ln Weslaco, TX 78596
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