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    2108 Redbud Ln Weslaco, TX 78596

    For Sale
    $495,000

    Fourplex, 4 Units, Excellent ROI

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional investment opportunity presents a newly constructed (2022) fourplex located at 2108 Redbud Lane, Weslaco, Texas, 78596. The property boasts a substantial 10,855.15 square foot lot 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 occupancy and rental income generation. This turnkey investment is currently fully rented, providing a strong cash flow from day one. Its convenient location offers easy access to major roadways, including the expressway, as well as a variety of local amenities such as restaurants and schools. The asking price for this property is $495,000. Note that a neighboring property, 2112 Redbud Lane, is also available for purchase. This presents a unique opportunity to acquire a significant portfolio in a desirable location. This multifamily property is an ideal investment for those seeking immediate returns and long-term growth potential in the thriving Weslaco, Texas market. The property is situated in Hidalgo County.

    Property Features for 2108 Redbud Ln

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    2022
    Buildings
    2
    Units
    4

    HighLights

    • Newly constructed (2022) fourplex in Weslaco, TX.
    • 10,855.15 sq ft lot with two buildings, four total units.
    • Unit mix: two 3 bed/2 bath, two 2 bed/2 bath units; all with appliances.
    • Fully rented, generating immediate cash flow; asking price $495,000.
    • Convenient location near expressway and amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Map

    City
    Weslaco
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.9711541
    Latitude
    26.158233

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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 2108 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: Newly constructed (2022) fourplex in Weslaco, TX.; 10,855.15 sq ft lot with two buildings, four total units.; Unit mix: two 3 bed/2 bath, two 2 bed/2 bath units; all with appliances.
    Request Owner's contact information
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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
    2108 Redbud Ln Weslaco, TX 78596
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