1323 Beverly Ave Weslaco, TX 78596
This exceptional fourplex, newly constructed in 2024, presents a compelling investment opportunity in the desirable Rio Stone subdivision of Weslaco, Texas. Situated on a 0.24-acre lot, this property boasts a total of 4,200 square feet and comprises two separate buildings. Each building features two units; one 3-bedroom, 2-bathroom unit and one 2-bedroom, 2-bathroom unit. The asking price is $489,900, translating to $116.64 per square foot. The property's prime location offers convenient access to Weslaco East High School and Knapp Medical Center, as well as a variety of shopping and dining options. This single-story building is located at 1323 Beverly Ave, Progreso Lakes, TX 78596 (APN: R3148-01-000-0008-00) and represents a rare chance to acquire a high-yield, multifamily property in a thriving Texas community. The modern design and spacious interiors of each unit are sure to attract tenants, ensuring a strong rental income stream. This turnkey investment is ready for immediate occupancy and offers a significant return on investment. Don't miss this chance to add a valuable asset to your portfolio. Contact us today to schedule a showing.
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
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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.