304 Retama Ln Weslaco, TX 78596
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 304 Retama Ln
- Year built
- 2022
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional multifamily investment opportunity presents a fully leased fourplex located at 304 Retama Lane, Weslaco, Texas, 78596. Built in 2022, this property sits on a generous 8,799 square foot lot and comprises two buildings, offering a total of four units. The unit mix includes two two-bedroom, two-bathroom units and two one-bedroom, one-bathroom units. Each unit boasts an attractive open floor plan, modern flooring, granite countertops throughout, stylish modern lighting fixtures (including recessed lighting), and sleek white cabinetry. Appliances are included in each unit, and carports provide convenient parking. The property benefits from its prime location within a highly desirable Weslaco subdivision. Currently operating at 100% occupancy, this property presents a strong, immediate return on investment. The option of utilizing professional property management services is also available, ensuring seamless operation and maximizing rental income. This turnkey investment is priced at $485,000 and represents a rare opportunity to acquire a high-quality, fully occupied multifamily property in a thriving Texas market. The property's modern finishes and desirable location make it an attractive option for tenants, ensuring long-term stability and rental income. Don't miss this chance to add a valuable asset to your portfolio.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Weslaco
- County
- Hidalgo
- State
- Texas
- Longitude
- -97.9742
- Latitude
- 26.1603
