Current Use by Public Records
- Specialty properties
Property Details for 2050 Taft St
- Year built
- 2019
- Property type
- Specialty properties
Description
This exceptional 16-unit multifamily property in Weslaco, Texas, presents a compelling investment opportunity. Located at 2050 Taft St., this gated community comprises four fourplex buildings, all constructed in 2019 and currently fully rented, generating immediate income. The property boasts 32 covered rear parking spaces, ensuring ample parking for residents. Each unit is equipped with modern amenities including custom cabinets, quartz countertops, and ceramic tile flooring. Eight units offer three bedrooms, while the remaining eight units feature two bedrooms. All units include appliances, enhancing their appeal to tenants. The property also features an automatic sprinkler system and private back patios enclosed by privacy fences, adding to the overall desirability and value. The property is situated in Hidalgo County, Texas, with a zip code of 78599, offering convenient access to local amenities and services. This turnkey investment is ideal for those seeking a stable, high-yield return in a thriving Texas market. The property's strong rental history and modern features make it a highly attractive investment prospect. The asking price is $1,845,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Weslaco
- County
- HIDALGO
- State
- Texas
- Longitude
- -98.0102
- Latitude
- 26.18
