300 Retama Ln Weslaco, TX 78596
This exceptional Weslaco, Texas investment property presents a rare opportunity to acquire a fully leased fourplex apartment building. Built in 2022, this meticulously maintained property boasts two buildings situated on a spacious 9,300 square foot lot at 300 Retama Lane, zip code 78596. The property comprises four units, offering a mix of spacious floor plans. Two units feature two bedrooms and two bathrooms, while the remaining two units provide one bedroom and one bathroom each. All units showcase modern design elements, including open layouts, contemporary flooring, elegant granite countertops throughout, stylish modern lighting fixtures (including recessed lighting), and sleek white cabinetry. Appliances are included in each unit, and convenient carports are provided. The property benefits from its prime location within a highly desirable Weslaco subdivision. Currently operating at 100% occupancy, this turnkey investment offers immediate cash flow. Professional property management services are available as an option, ensuring seamless operation and maximizing return on investment. This is an exceptional opportunity for investors seeking a high-performing, low-maintenance multifamily asset in a thriving Texas market. The asking price for this remarkable property is $485,000.
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
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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.