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    2705 Sage Dr Progreso Lakes, TX 78596
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    2705 Sage Dr, Progreso Lakes, TX 78596

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    • Apartment buildings
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    • Apartment buildings

    Property Details for 2705 Sage Dr

    Year built
    2024
    Property type
    Apartment buildings
    Property subtype
    Small apartment buildings

    Description

    This exceptional multifamily investment opportunity presents a newly constructed four-plex located in the burgeoning Rio Stone subdivision of Weslaco, Texas. The property, situated at 2705 Sage Drive, boasts a generous 10,500 square foot lot and comprises two buildings. Construction is slated for completion around August 31st, 2024. The property features four units, offering a mix of spacious floor plans. Two units offer three bedrooms and two bathrooms, while the remaining two units provide two bedrooms and two bathrooms. Each unit boasts approximately 1,000-1,100 square feet of living space, showcasing modern finishes including quartz countertops and tile flooring throughout. Individual electric and water meters for each unit provide efficient utility management and potential for increased rental income. This property represents a compelling investment opportunity in a rapidly growing area, offering strong potential for rental income and appreciation. The asking price for this turnkey multifamily property is $495,000. Located in Hidalgo County, Texas, with a zip code of 78596, this property is ideally situated for both investors seeking strong returns and those looking for a low-maintenance, high-yield investment. Don't miss this chance to acquire a brand-new, high-quality multifamily property in a desirable location.


    Value Estimations

    based on Realmo’s proprietary methodology
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    • CAP approach

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    Location Insight

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    City
    Progreso Lakes
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.019
    Latitude
    26.1456
    More about this property
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