Property profile

1409 Beverly Ave Weslaco, TX 78596

OFF-MARKET
Commercial real estate
4,200 SF 0.24 ac lot Built 2024
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Property summary

AI-generated overview

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

Verified
Property type Commercial real estate
Year built 2024
Total area 4,200 SF
Lot 0.24 ac (10,454 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1409 Beverly Ave Weslaco, TX 78596
Weslaco metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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