2308 Esperanza St Weslaco, TX 78599
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.