2308 Esperanza St Weslaco, TX 78599
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 2308 Esperanza St
- Year built
- 2003
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional four-unit apartment building presents a compelling investment opportunity in Weslaco, Texas. Located just north of Weslaco off Sugarcane Road, this 2003-built property boasts a solid construction of block and composite shingles. The complex comprises four individual one-bedroom, one-bathroom units, offering a straightforward management structure. A single electric meter and a single water meter simplify utility management and billing. Situated on a sizable 7,619.08 square foot lot, the property offers ample space and potential for future development or expansion. The building's solid construction and convenient location contribute to its strong rental potential and long-term value. This turnkey investment is ready for an owner-operator or an investor seeking a stable, cash-flowing asset in a growing Texas market. The asking price is $145,000. This property is a single building with four units, making it an ideal investment for those seeking a manageable multifamily property. The address is 2308 Esperanza Street S, Weslaco, TX 78599.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Weslaco
- County
- Hidalgo
- State
- Texas
- Longitude
- -97.9914
- Latitude
- 26.1989
