2008 Taft St Weslaco, TX 78599
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.
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.