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Property profile & analytics
OFF-MARKET
Apartment buildings

216 Larkview St Weslaco, TX 78599

Built 2024
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Apartment buildings
Year built 2024
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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