216 Larkview St Weslaco, TX 78599
This exceptional 2024-built triplex, located at 216 Larkview Street in Weslaco, Texas, presents a compelling investment opportunity. Situated on a sizable 7,087.21 square foot lot, this property boasts three identical units, each offering a comfortable and modern living space. Each unit features three bedrooms and two bathrooms, providing ample space for residents. The kitchens are generously sized and equipped with abundant cabinetry and stylish quartz countertops. Bedrooms are spacious, complete with large closets for convenient storage. Adding to the convenience, each unit includes two carport parking spaces. Furthermore, each unit comes equipped with essential appliances, including an electric stove/range, refrigerator, and a washer/dryer. This property is ideally located in the Pleasant View Village area of Weslaco, offering residents access to local amenities and services. The asking price for this turnkey investment is $385,800. This represents a rare opportunity to acquire a newly constructed, well-appointed multifamily property in a desirable Texas location. The property's modern design and desirable features make it an attractive option for both tenants and investors alike. The strong rental market in Weslaco, combined with the property's high-quality construction and amenities, promises a solid return on investment. This is a must-see property for discerning investors seeking a profitable and low-maintenance addition to their portfolio.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.