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Property profile & analytics
OFF-MARKET
Apartment buildings

1307 Lore Dr Weslaco, TX 78599

3,988 SF Built 2022
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a brand-new, fully leased fourplex located at 1307 Lore Drive, Weslaco, Texas, 78599. Built in 2022, this property boasts a total of 3,988 square feet situated on a 9,638.957 square foot lot. The property consists of two buildings, each housing a portion of the four apartment units. This multifamily property is ideally situated within Verona, a gated community offering residents convenient access to a variety of amenities. Its prime location places it just minutes away from major shopping centers, grocery stores, and diverse dining options, ensuring high tenant demand and occupancy rates. The asking price for this turnkey investment is $485,000. Currently fully leased, this property provides an immediate and consistent income stream, making it an attractive option for investors seeking a stable return on their investment. Don't miss this chance to acquire a high-performing asset in a thriving Texas market. The property's modern construction and desirable location combine to create a compelling investment opportunity with significant potential for long-term growth and profitability.

Property profile
Verified
Property type Apartment buildings
Year built 2022
Total area 3,988 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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