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Property profile & analytics
OFF-MARKET
Specialty properties

2050 Taft St Weslaco, TX 78599

Built 2019
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Specialty properties
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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