00 Brown St Mercedes, TX 78570
This exceptional investment opportunity presents 44 fourplex lots totaling 11,433.193 square feet of land in the thriving city of Weslaco, Texas. Located at 00 Brown Street, Weslaco, TX 78570 (Hidalgo County), this property offers significant potential for substantial returns. The asking price for this entire portfolio of lots is $89,000, representing a compelling value in the current market. The property is classified as commercial and multifamily, specifically designated as a duplex/triplex/quadruplex development opportunity. This prime location within Weslaco, a city experiencing significant growth, makes this an attractive proposition for investors seeking to capitalize on the increasing demand for multifamily housing. The property's size and zoning allow for the development of multiple fourplex units, providing a substantial rental income stream. Given the current market conditions and Weslaco's growth trajectory, this is a rare chance to acquire a large parcel of land ideally suited for multifamily development at a highly competitive price. The coordinates for this property are latitude 26.1791692 and longitude -97.8939317. Don't miss this chance to secure a significant investment in a rapidly developing Texas market.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.