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Property profile & analytics
OFF-MARKET
Apartment buildings

Weslaco, TX 78596

Built 2023
Property ID
Property summary
AI-generated overview

This exceptional 4-unit apartment building, constructed in 2023, presents a compelling investment opportunity in Weslaco, Texas. Located in a gated community near Interstate Hwy 2 and Weslaco High School, this property offers unparalleled convenience and access to local amenities, including restaurants, shopping, and entertainment. Each unit boasts 13-foot ceilings, luxurious quartz countertops, and tile flooring, creating a sophisticated and easy-to-maintain living space. The stucco exterior adds to the contemporary charm. The energy-efficient design contributes to lower utility costs for residents, aligning with sustainable living practices. With 16 parking spaces available, residents enjoy ample parking. The property features a projected cap rate exceeding 10%, making it an attractive investment for discerning buyers. This is one of 22 exquisite quadplexes available in a rapidly growing area of Weslaco, a city experiencing significant expansion. The asking price is $2,000,000, and the property's APN is 123412341. This is a pre-construction sale. Don't miss this chance to own a piece of Weslaco's thriving real estate market. The property is situated in Hidalgo County, Texas, with a zip code of 78596.

Property profile
Verified
Property type Apartment buildings
Year built 2023
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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