Current Use by Public Records
- Apartment buildings
Property Details for 1309 Gonzalez Rd
- Year built
- 1995
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional fourplex investment property, located at 1309 N Gonzalez Road in Weslaco, Texas, presents a compelling opportunity for savvy investors. Built in 1995, the property boasts a total of 2,279 square feet situated on a generous 8,049.88 square foot lot. The property consists of four individual apartment units, each offering a comfortable living space. Each unit features a living room, a dining area, two bedrooms, and one bathroom. Stoves are included in all units, with refrigerators provided in two. The property's location in the peaceful outskirts of Mercedes, TX offers residents a tranquil environment while maintaining convenient access to essential amenities. The strong rental income potential makes this a highly attractive investment, whether you are an experienced investor looking to expand your portfolio or a first-time investor seeking a solid return. The asking price for this turnkey investment is $285,000. This property represents a rare opportunity to acquire a well-maintained multifamily property in a desirable location with significant upside potential. Don't miss out on this chance to add a valuable asset to your investment holdings. The property is situated in Hidalgo County, Texas, zip code 78596.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Weslaco
- County
- Hidalgo
- State
- Texas
- Longitude
- -97.9431
- Latitude
- 26.1054
