3121 Briggs St Weslaco, TX 78596
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 3121 Briggs St
- Year built
- 2024
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
Exceptional investment opportunity awaits in the burgeoning Rio Meadows subdivision of Weslaco, Texas. This brand-new, 2024-constructed fourplex presents a compelling addition to any portfolio. Situated on a spacious 8,640 square foot lot (approximately 0.2 acres), the property comprises two buildings. Each building houses a 3-bedroom, 2-bathroom unit and a 2-bedroom, 2-bathroom unit, offering a diverse range of rental options. Unit sizes range from 1,000 to 1,100 square feet, boasting modern features such as sleek quartz countertops and tile flooring throughout for easy maintenance. Individual electric and water meters for each unit provide convenient management. This property represents a strong investment in a rapidly growing area of the Rio Grande Valley, offering significant potential for appreciation. Consider this asset for a 1031 exchange or a strategic year-end acquisition. Don't miss this chance to capitalize on the thriving Weslaco market. The property's location and modern amenities make it an attractive option for renters, ensuring strong occupancy rates and a steady income stream. The asking price is $510,000.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Weslaco
- County
- Hidalgo
- State
- Texas
- Longitude
- -97.992
- Latitude
- 26.1385
