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Property profile & analytics
OFF-MARKET
Apartment buildings

2308 Esperanza St Weslaco, TX 78599

1,800 SF 0.18 ac lot Built 2003
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a well-maintained four-unit apartment building situated at 2308 Esperanza Street S in Weslaco, Texas, 78599. The property, built in 2003, boasts a total of 1,800 square feet on a 0.175-acre lot. The single-story building is constructed of durable block and composite shingles, ensuring longevity and low maintenance. Each of the four units offers a comfortable one-bedroom, one-bathroom layout, providing consistent rental income potential. The property's efficiency is further enhanced by a single electric meter and a single water meter, simplifying utility management and potentially reducing operational costs. Located conveniently just north of Weslaco off Sugarcane Road, this property benefits from a desirable location within Hidalgo County. The asking price is $145,000, presenting a compelling investment opportunity for those seeking a stable and profitable multifamily asset in a growing Texas market. This property is a turnkey investment ready for immediate income generation. The solid construction and efficient design make this a low-maintenance, high-return investment.

Property profile
Verified
Property type Apartment buildings
Year built 2003
Total area 1,800 SF
Lot 0.18 ac (7,623 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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