1412 Lore Dr Weslaco, TX 78599
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.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.