2100 Taft St Weslaco, TX 78599

Property Details for 2100 Taft St

Year built

2019

Lot size

0.22 lot acres

Property size

4,200 SF

Property type

Apartment buildings

Property subtype

Small apartment buildings

Description

This exceptional investment opportunity presents a well-maintained, four-unit apartment building located at 2100 Taft Street in Weslaco, Texas, within Hidalgo County. Built in 2019, this Class B property boasts a total of 4,200 square feet across two one-story buildings situated on a 0.224-acre lot. The property features eight parking spaces, conveniently covered and situated within a gated community, enhancing security and tenant appeal. The four units are currently fully rented, providing immediate and consistent income generation. The asking price is $475,000, offering an attractive 8.00% cap rate. Unit layouts include a mix of two-bedroom and three-bedroom apartments, all equipped with modern kitchen appliances, custom cabinets, quartz countertops, and ceramic tile flooring. Added features include an automatic sprinkler system and private back patios enclosed by privacy fencing. This turnkey investment is ideal for both seasoned investors and those seeking a strong return on investment in a desirable location. The property's strong rental history and modern amenities make it a highly attractive option for tenants, ensuring long-term stability and profitability. This is a rare opportunity to acquire a fully occupied, income-producing property in a growing Texas market.

Location Insight

City

Weslaco

County

Hidalgo county

State

Texas

Longitude

-98.0102

Latitude

26.18