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Property profile & analytics
OFF-MARKET
Apartment buildings

1104 Jesse St Weslaco, TX 78596

Built 2022
Property ID
Property summary
AI-generated overview

This exceptional 2022-built multifamily property in Weslaco, Texas, presents a compelling investment opportunity. Comprising two buildings on a spacious 22,368 square foot lot, this 8-unit complex boasts a strong rental income stream. The property features a mix of unit sizes: four three-bedroom, two-bathroom units and four two-bedroom, two-bathroom units. Each unit showcases a modern, open-concept design with high ceilings, sleek LED lighting, and spacious kitchens equipped with granite countertops and stainless steel appliances. All units include in-unit laundry with washer and dryer hookups. Residents enjoy private backyards and the convenience of tile flooring throughout. The property's prime location offers easy access to the International Bridge, Walmart, HEB, South Texas College, local parks, and major freeways. Currently 100% occupied, this property generates a substantial gross annual income of $115,800, making it an attractive investment with significant potential for future growth. The asking price is $1,250,000. This turnkey investment is ready for immediate income generation. The address is 1104 W Jesse Street, Weslaco, TX 78596.

Property profile
Verified
Property type Apartment buildings
Year built 2022
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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