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    Los Fresnos, TX
    Multifamily

    Los Fresnos, TX Multifamily Properties for Sale

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    8-Plex Apartment Building
    Updated: May 4
    8-Plex Apartment Building

    121 MELON DR., Los Fresnos, TX 78566

    $599,400
    5,760 sqft 1.38 AC lot
    Package of four duplexes sold together as an 8‑plex; fully occupied for current income
    Unit mix: each duplex has 2 bed/1 bath on one side and 3 bed/1 bath on the other
    Gross monthly income listed as $6,295
    1984 build with tile flooring
    Central heating with ductless, zoned, central air cooling
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    This listing looks promising.

    Here's a quick look at some key insights for

    121 MELON DR., LOS FRESNOS, TX 78566

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    • Est. Cap Rate

      7.3%
      Above avg (5.9%)

    • Est. NOI

      $44K
      Annual

    • Price @ 7% Cap

      $623K
      Above asking
    View Property Analytics
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Los Fresnos, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Brick-Veneer Duplex
    Brick-Veneer Duplex

    3552 Old Port Isabel Road, Brownsville, TX 78526

    Contact for pricing
    2,332 sqft

    Built in 2021 with central heating, air conditioning, and appliances included in the sale.

    View details
    Corner Lot Convenience Store
    Corner Lot Convenience Store

    2301 Carlos Ave., Brownsville, TX 78526

    Contact for pricing
    1,714 sqft

    Operating convenience store with drive-thru window and walk-in freezer, plus two leased apartments.

    View details
    Leased Duplex Investment
    Leased Duplex Investment

    284 Corona Cresent Street, San Benito, TX 78586

    Contact for pricing
    3,500 sqft

    Duplex with two leased units and remodel updates to one unit, with rent-increase potential for the remaining unit.

    View details
    Residential Land for Development
    Residential Land for Development

    27839 Fm 803, San Benito, TX 78566

    Contact for pricing
    1.00 AC lot

    Over an acre suitable for residential or investment development.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    San Benito Land Opportunity
    San Benito Land Opportunity

    30528 Melomar Dr. lot: 15, San Benito, TX 78586

    $86,300
    0.97 AC lot

    Nearly an acre of improved land in San Benito, TX.

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    Port Isabel Land with Amenities
    Port Isabel Land with Amenities

    728 E Clam Circle lot: 728, Port Isabel, TX 78578

    $120,000
    0.06 AC lot

    Residential lot with concrete pad and storage shed.

    View details
    Residential Land in La Feria, TX
    Residential Land in La Feria, TX

    523 Canada Dr. lot: 4, La Feria, TX 78552

    $40,000
    0.06 AC lot

    Residential lot suitable for placing a mobile home.

    View details
    Residential Lot in La Feria
    Residential Lot in La Feria

    523 Canada Dr. lot: 6, La Feria, TX 78552

    $40,000
    0.06 AC lot

    Residential lot suitable for placing a mobile home.

    View details

    Off-Market Properties in Los Fresnos, TX

    Consider similar Off-Market properties in Los Fresnos, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    00 Whipple Rd
    Multifamily properties

    00 Whipple Rd, Los Fresnos, TX 78566

    Value Estimation by Request
    22.57 AC lot
    View details

    Los Fresnos, TX Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Los Fresnos, TX on our real estate platform. These investment opportunities span a total of 5,760 square feet of properties for sale, with an estimated market value of $599,400.

    Sale prices for multifamily properties in Los Fresnos, TX average $599,400 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1

    Demographics Overview

    Population 25K
    Population Growth (5Y) +36.6%
    Median Household Income $64,385
    College Educated 26.8%

    High-Yield Neighborhoods for Investment

    Identify Los Fresnos submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    78566 $464.2K

    Taxes & Financing

    Tax Rate (average for all types) 1.85%
    Property Tax per SF $43.56 per SF
    Tax Rate vs County Average 0.04 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cameron County

    New Delisted

    Total CRE Inventory on Market (SF)

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