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Property profile & analytics
OFF-MARKET
Apartment buildings

1724 Jackson St Weslaco, TX 78599

Built 2019
Property ID
Property summary
AI-generated overview

This exceptional four-unit apartment building, constructed in 2019, presents a compelling investment opportunity in Weslaco, Texas. Situated on a spacious 9,199.87 square foot lot, the property comprises two buildings, each housing two units. All four units are identical, boasting two bedrooms and two bathrooms, a highly desirable configuration consistently in high demand. The units feature attractive tile flooring throughout, complemented by elegant granite countertops. The exterior showcases a beautiful blend of stucco and stone. Adding to the appeal, each unit includes all kitchen appliances and a washer and dryer, enhancing tenant satisfaction. A convenient carport is provided in the rear for tenant parking. Currently 100% leased, this property offers immediate cash flow. Its prime location within a gated community in Weslaco ensures easy access to the expressway, restaurants, schools, and shopping centers, maximizing tenant appeal and minimizing vacancy risk. The seller is offering closing cost assistance, and financing options with rates as low as 5% are available. This turnkey investment is poised for strong returns and represents a rare opportunity in a desirable market. Don't miss out on this exceptional property.

Property profile
Verified
Property type Apartment buildings
Year built 2019
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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