2112 Redbud Ln Weslaco, TX 78596
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 2112 Redbud Ln
- Year built
- 2022
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional investment opportunity presents a newly constructed (2022) fourplex located at 2112 Redbud Lane, Weslaco, Texas, 78596. The property boasts a generous lot size of 10,855 square feet and comprises two buildings, offering a total of four rental units. The unit mix includes two three-bedroom, two-bathroom units and two two-bedroom, two-bathroom units. All units come fully equipped with appliances, ensuring immediate rental income. This turnkey investment is ideally situated for convenient access to major roadways, including the expressway, and is within close proximity to a variety of amenities such as restaurants and schools. The asking price for this fully rented property is $495,000. Note that a neighboring property, 2108 Redbud Lane, is also available for purchase. This presents a unique opportunity to acquire a significant portfolio in a desirable location. The property's recent construction ensures minimal maintenance and long-term value. This is a rare chance to acquire a high-yield, low-maintenance multifamily investment in a thriving Texas market.
Value Estimation
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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
- -97.9708
- Latitude
- 26.1584
