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Property profile & analytics
OFF-MARKET
Apartment buildings

1408 Marcela Dr Weslaco, TX 78599

Built 2024
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Apartment buildings
Year built 2024
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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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