2108 Redbud Ln Weslaco, TX 78596
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 2108 Redbud Ln
- Year built
- 2022
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional investment opportunity presents a newly constructed (2022) fourplex located at 2108 Redbud Lane, Weslaco, Texas, 78596. The property boasts a substantial 10,855.15 square foot lot and comprises two buildings, offering a total of four rental units. The unit mix includes two three-bedroom, two-bathroom units and two two-bedroom, two-bathroom units. All units come fully equipped with appliances, ensuring immediate occupancy and rental income generation. This turnkey investment is currently fully rented, providing a strong cash flow from day one. Its convenient location offers easy access to major roadways, including the expressway, as well as a variety of local amenities such as restaurants and schools. The asking price for this property is $495,000. Note that a neighboring property, 2112 Redbud Lane, is also available for purchase. This presents a unique opportunity to acquire a significant portfolio in a desirable location. This multifamily property is an ideal investment for those seeking immediate returns and long-term growth potential in the thriving Weslaco, Texas market. The property is situated in Hidalgo County.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Weslaco
- County
- Hidalgo
- State
- Texas
- Longitude
- -97.9712
- Latitude
- 26.1582