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Property profile & analytics
OFF-MARKET
Apartment buildings

1309 Gonzalez Rd Weslaco, TX 78596

2,279 SF Built 1995
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Apartment buildings
Year built 1995
Total area 2,279 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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