00 Brown St Mercedes, TX 78570
This exceptional investment opportunity presents 44 four-plex lots totaling 11,433.193 square feet of land in the thriving city of Weslaco, Texas. Located at 00 Brown Street, Weslaco, TX 78570 (Hidalgo County), this property offers significant potential for substantial returns. The asking price for this entire portfolio of lots is $89,000, representing a compelling value in the current market. The property is zoned for multifamily development, making it ideal for building apartment complexes or similar structures. This is a rare chance to acquire a large parcel of land suitable for multifamily development in a rapidly growing area. The location in Weslaco, Texas provides access to a strong rental market and offers investors the opportunity to capitalize on the increasing demand for housing in the region. The property's size and zoning make it an attractive proposition for both individual and institutional investors seeking to expand their multifamily holdings. This is a turnkey opportunity to acquire a significant land portfolio ready for immediate development. Don't miss this chance to secure a substantial investment in a high-growth Texas market. Act quickly, as these lots are expected to sell rapidly.
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
Similar Nearby for Lease
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.