3918 Las Vistas Weslaco, TX 78596
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 3918 Las Vistas
- Year built
- 2021
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional investment opportunity presents a six-unit apartment complex ideally situated in Weslaco, Texas, at 3918 Las Vistas Lane, zip code 78596. Built in 2021, this property comprises two buildings on a spacious 21,012.91 square foot lot. The complex currently boasts six fully leased units, offering immediate cash flow for the discerning investor. Each unit is a condo-style apartment featuring a private backyard, providing tenants with desirable outdoor space. An additional community lot is available for tenant use, perfect for barbecues, children's play, or pet areas. Alternatively, subject to HOA approval and necessary permits, this extra lot presents potential for expansion, allowing for the construction of additional units or an entertainment area. The apartments are meticulously maintained, featuring no carpeting, and benefit from a convenient location close to expressways. The asking price for this turnkey investment is $530,000. This property represents a rare opportunity to acquire a high-performing, well-maintained multifamily asset in a desirable Texas location. The strong tenant base and potential for future development make this an attractive proposition for both seasoned and new investors seeking a stable and potentially growing income stream.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Weslaco
- County
- Hidalgo
- State
- Texas
- Longitude
- -97.9529
- Latitude
- 26.1449
