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Property profile & analytics
OFF-MARKET
Apartment buildings

2008 Taft St Weslaco, TX 78599

1 SF 0.21 ac lot Built 2019
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully rented fourplex located at 2008 Taft Street, Weslaco, Texas, 78599. Built in 2019, this Class B multifamily property boasts a desirable 8.00% cap rate and an asking price of $475,000. The property comprises two buildings situated on a 0.211-acre lot, offering a total of eight parking spaces. The four units are currently generating income, with three available for rent and one potentially owner-occupied. Unit configurations include a mix of two-bedroom and three-bedroom apartments, all featuring modern amenities. These amenities include custom cabinets, quartz countertops, and ceramic tile flooring. Residents enjoy added convenience with gated community access, covered rear parking, and private back patios enclosed by privacy fences. An automatic sprinkler system further enhances the property's appeal. This turnkey investment is ideal for those seeking a strong return on investment in a thriving Texas market. The property's newer construction and high occupancy rate make it a particularly attractive proposition. Don't miss this chance to acquire a well-maintained, income-producing asset in a desirable location.

Property profile
Verified
Property type Apartment buildings
Year built 2019
Total area 1 SF
Lot 0.21 ac (9,191 SF)
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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