Property summary
This exceptional fourplex, newly constructed in 2024, presents a compelling investment opportunity in Weslaco, Texas. Located in the desirable Rio Stone subdivision, this property boasts convenient access to Weslaco East High School, Knapp Medical Center, and numerous shopping and dining options. The 4,200 square foot property sits on a 0.24-acre lot (APN: R3148-01-000-0011-00) and features four units across two buildings. Each building houses two units; one 3-bedroom, 2-bathroom unit and one 2-bedroom, 2-bathroom unit. The single-story design offers modern, spacious interiors, crafted for comfortable living. The property's prime location within a thriving community ensures high occupancy rates and strong rental income potential, making it an ideal addition to any investment portfolio. The asking price is $489,900. This turnkey investment property is ready for immediate income generation. The property's address is 1409 Beverly Avenue, Progreso Lakes, TX 78596. Don't miss this chance to secure a lucrative investment in a rapidly growing area.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.