1404 Vani Dr Weslaco, TX 78599
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.
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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No recorded transactions found for this property.
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Risks
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