1303 Marcela Dr Weslaco, TX 78599
This exceptional 2023-built fourplex, located at 1303 Marcela Drive in Weslaco, Texas, presents a lucrative investment opportunity. Situated within Verona, a new gated community, this property boasts 3,990 square feet across two buildings on a 9,980 square foot lot. The four units are fully leased, each offering a spacious 2-bedroom, 2-bathroom layout. Modern features include open floor plans, quartz countertops, and wood-like tile flooring. Each unit also includes a washer/dryer, private fenced backyard, and appliances. Tenants are responsible for electricity, trash, cable, and internet, while water is included in the rent. Ample parking is provided with eight carport spaces. The property's prime location offers convenient access to schools, shopping centers, and dining establishments, ensuring high tenant demand and consistent occupancy. This turnkey investment generates immediate cash flow, making it an ideal addition to any portfolio. The asking price is $499,000. Don't miss this chance to acquire a high-performing multifamily property in a thriving Texas community. Zip code: 78599.
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
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