1408 Marcela Dr Weslaco, TX 78599
This exceptional investment opportunity in Weslaco, Texas, presents a newly constructed (2024) four-unit apartment building situated on a sizable 11,251.98 square foot lot. The property comprises two buildings, each housing two distinct units. Two units offer a comfortable two-bedroom, two-bathroom layout, while the remaining two units provide more spacious three-bedroom, two-bathroom living arrangements. This configuration provides a diverse range of rental options, maximizing potential rental income. The property's location at 1408 Marcela Drive, Weslaco, TX 78599, offers convenient access to local amenities and services. The asking price for this turnkey investment is $510,000. This represents a compelling opportunity for investors seeking a strong return on investment in a thriving Texas market. The property's recent construction ensures minimal maintenance needs and long-term value. The combination of desirable unit sizes and a prime location makes this a highly attractive investment prospect. This property is ready for immediate income generation.
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
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.