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Property profile & analytics
OFF-MARKET
Apartment buildings

1104 Jesse St Weslaco, TX 78596

8,320 SF Built 2022
Property ID
Property summary
AI-generated overview

This exceptional 8-unit apartment building, located at 1104 Jesse Street in Weslaco, Texas, presents a compelling investment opportunity. Built in 2022, the property boasts a total of 8,320 square feet across two buildings situated on a generous 22,368.06 square foot lot. The property's prime location in Hidalgo County, zip code 78596, offers easy access to major amenities, schools, shopping centers, and public transportation, ensuring high occupancy rates and consistent rental income. Each of the eight units is move-in ready, minimizing immediate maintenance needs and maximizing potential returns. The property's modern construction and desirable location contribute to low maintenance costs and strong potential for long-term appreciation. This turnkey investment is ideal for both seasoned investors seeking to expand their portfolio and those new to real estate looking for a stable, high-yield asset. The asking price for this lucrative property is $1,100,000. This multifamily complex represents a rare opportunity to acquire a high-performing asset in a thriving Texas market. Don't miss this chance to secure a significant return on your investment.

Property profile
Verified
Property type Apartment buildings
Year built 2022
Total area 8,320 SF
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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