637 Mile 10 Weslaco, TX 78596
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 637 Mile 10
- Year built
- 2024
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional investment opportunity presents a brand-new, four-unit apartment building in the thriving city of Weslaco, Texas. Completed in 2024, this property boasts two buildings situated on a generous 24,651.91 square foot lot. The strategic location at 637 E Mile 10 N Road places it ideally between Mile 10 N and Mile 4 1/2 W, providing convenient access to local businesses and amenities. The property is classified as a multifamily investment, specifically a duplex/triplex/quadruplex, offering a strong potential for rental income. The asking price for this turnkey investment is $530,000. Given Weslaco's rapid growth, this property represents a compelling opportunity for investors seeking a high-return asset in a dynamic market. The property's new construction ensures minimal maintenance and upkeep in the initial years of ownership, maximizing potential returns. This is a rare chance to acquire a well-positioned, modern multifamily property in a prime location within a rapidly expanding Texas city. The provided image showcases the completed building design. The property is located in Hidalgo County, Texas, with a zip code of 78596.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Weslaco
- County
- Hidalgo
- State
- Texas
- Longitude
- -97.9855
- Latitude
- 26.1995
