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Property profile & analytics
OFF-MARKET
Apartment buildings

1404 Vani Dr Weslaco, TX 78599

4,050 SF Built 2023
Property ID
Property summary
AI-generated overview

Exceptional investment opportunity: a fully leased four-plex in a gated Weslaco, TX subdivision, conveniently located near schools, shopping, and restaurants. This 2023-built property boasts 4,050 square feet across two buildings situated on a 9,638.95 square foot lot. The property features a desirable modern open-concept floor plan with wood-like tile throughout. Two units offer 2 bedrooms and 2 bathrooms, while the other two units provide 3 bedrooms and 2 bathrooms. Each unit includes a private fenced backyard, stainless steel appliances, and a washer and dryer. Kitchens feature custom, high-ceiling cabinets, modern quartz countertops, and large islands with ample cabinet space. Master bedrooms are spacious, with large bathrooms featuring frameless glass showers and walk-in closets. Eight carport spaces are included. Tenants are responsible for their own water, electricity, trash, cable, and internet services, ensuring immediate cash flow for the investor. Asking price is $485,000. Don't miss this chance to acquire a high-performing multifamily property in a thriving Texas market.

Property profile
Verified
Property type Apartment buildings
Year built 2023
Total area 4,050 SF
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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