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    600 Brito Ln Weslaco, TX 78596

    For Sale
    $520,000

    Brand new, four-unit apartment building.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    Exceptional investment opportunity awaits with this newly constructed fourplex located at 600 Brito Lane, Weslaco, Texas, 78596. This property, built in 2024, sits on a 4,980.215 square foot lot and comprises two buildings, offering a total of four move-in ready units. The property features two 3-bedroom, 2-bathroom units, each boasting 1,073 square feet of living space, and two 2-bedroom, 2-bathroom units, each with 920 square feet. All units come complete with appliances, presenting a turnkey investment opportunity. The strategic location in Weslaco, Texas, offers significant potential for rental income, given the high demand for affordable housing in the area. The property's design allows for the potential sale of individual units, providing further flexibility and investment potential. This is a rare chance to acquire a high-quality, recently constructed multifamily property in a thriving Texas market. The asking price is $520,000. This property is ideal for investors seeking immediate returns and long-term growth.

    Property Features for 600 Brito Ln

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    2024
    Buildings
    2
    Units
    4

    HighLights

    • $520,000 asking price.
    • Four‑unit multifamily apartment building.
    • Two 3/2 units (1,073 sq ft each) and two 2/2 units (920 sq ft each).
    • 2024 construction.
    • 4,980 sq ft lot.
    • Located at 600 Brito Lane, Weslaco, TX 78596.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Map

    City
    Weslaco
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.9882947
    Latitude
    26.1746121

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    FAQs

    What type of property is this?
    Multifamily property - Brand new, four-unit apartment building.
    Where is this multifamily property located?
    The property is located at 600 Brito Ln Weslaco, TX.
    What is the asking price?
    The asking price for this property is $520,000.
    What are key features of this property?
    This property features: $520,000 asking price.; Four-unit multifamily apartment building.; Two 3/2 units (1,073 sq ft each) and two 2/2 units (920 sq ft each).
    Request Owner's contact information
    600 Brito 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
    600 Brito Ln Weslaco, TX 78596
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