2050 Taft St Weslaco, TX 78599
This exceptional 0.871-acre commercial land parcel in Weslaco, Texas, presents a lucrative investment opportunity. Currently developed as a sixteen-unit multifamily complex comprising four fourplex buildings, this property boasts a strong rental income stream. All units are fully rented and equipped with modern appliances, enhancing their appeal to tenants. The gated community provides added security and peace of mind for residents. Ample parking is available with 32 covered rear parking spaces. Interior finishes are high-quality, featuring custom cabinets, quartz countertops, and ceramic tile flooring. Each fourplex building includes a mix of two- and three-bedroom units (eight of each), catering to a diverse range of renters. Exterior amenities include an automatic sprinkler system and private fenced patios. Located at 2050 Taft Street, Weslaco, TX 78599, in Hidalgo County, this property offers a compelling combination of established income generation and significant future potential. The asking price is $1,845,000.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.