1309 Gonzalez Rd Weslaco, TX 78596
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.
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
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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.