2508 Mockingbird Rd Weslaco, TX 78596
This exceptional investment opportunity presents a brand-new, four-unit apartment complex situated in the desirable Pike Terrace gated community of Weslaco, Texas. Located at 2508 Mockingbird Road, this property boasts two buildings on a spacious 10,000 square foot lot. The complex comprises two two-bedroom/two-bathroom units and two three-bedroom/two-bathroom units, all featuring modern finishes. Each unit showcases stylish tile flooring, spacious kitchens with custom cabinetry, elegant quartz countertops, and energy-efficient LED lighting. The master bedrooms include generously sized walk-in closets and en-suite bathrooms. Residents will appreciate the inclusion of some yard space. The property's prime location offers convenient access to excellent schools, shopping centers, restaurants, and a variety of other amenities. Construction is nearing completion, with an estimated five weeks remaining until full completion. This property is priced to sell and represents a compelling investment opportunity for discerning buyers. The complex is situated at the corner of Pike Blvd and Milano Rd in Weslaco, TX, zip code 78596. Built in 2024, this property offers a turnkey solution for immediate rental income generation. Don't miss this chance to acquire a high-quality, newly constructed 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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.