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Property profile & analytics
OFF-MARKET
Apartment buildings

1412 Lore Dr Weslaco, TX 78599

Built 2023
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a brand-new, four-unit apartment building located at 1412 Lore Drive, Weslaco, Texas, 78599. Completed in 2023, this property boasts two buildings situated on a generous 9,639.828 square foot lot. The property is offered at an asking price of $495,000. Each of the four units is move-in ready and designed for modern living, featuring spacious interiors and stylish quartz countertops in both the kitchens and bathrooms. The property's recent construction ensures minimal maintenance and immediate rental income potential. Its location in Weslaco, Hidalgo County, Texas provides access to a growing population and a strong rental market. This is an ideal investment for those seeking a turnkey multifamily property with high-quality finishes and immediate cash flow. The property's prime location and modern design make it an attractive option for tenants, promising strong occupancy rates. This is a rare opportunity to acquire a newly constructed multifamily property in a desirable Texas market. The property's size and layout offer excellent potential for long-term appreciation and rental income growth. Don't miss this chance to add a valuable asset to your investment portfolio.

Property profile
Verified
Property type Apartment buildings
Year built 2023
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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