2701 Midway Rd Weslaco, TX 78596-3776
Property profile & analytics
2701 Midway Rd Weslaco, TX 78596-3776
- Apartment buildings
- 10,496 SF
- 1.01 lot acres
Property ID
US82-8658019
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Midway Apartment / Apartment Building
Property Details for 2701 Midway Rd
- Year built
- 2007
- Lot size
- 1.01 lot acres
- Property size
- 10,496 SF
- Zone code
- RS
- Property type
- Apartment buildings
- APN
- M4035-00-000-0004-00
- APU
- M403500000000400
Description
This exceptional multifamily investment opportunity presents a 13-unit apartment building situated on a spacious 1.01-acre lot in Weslaco, Texas. Constructed in 2007, the property comprises two buildings, offering a blend of convenience and potential for strong returns. The complex boasts a total of 13 individual apartment units, providing a substantial rental income stream. Located at 2701 S Midway Road, Weslaco, TX 78596, this property benefits from its strategic location within the city. The property's solid construction and relatively recent build date minimize the need for immediate major capital expenditures, allowing investors to focus on maximizing rental income and occupancy rates. The substantial lot size offers potential for future expansion or development, adding further value to this already attractive investment. With its proven track record of generating income and its promising location, this property represents a compelling opportunity for discerning investors seeking a stable and profitable addition to their portfolio. The property is zoned for multifamily use and is ready for immediate occupancy. Financial records are available upon request, providing detailed information on the property's performance and financial history. This is a turnkey investment ready for a new owner to step in and continue the success. This is an excellent opportunity to acquire a well-maintained, income-producing property in a growing Texas market.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $485,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $614,000
Market price range: $467k - $753k -
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $560,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $845,000 Change: +51% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Weslaco
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.0211
- Latitude
- 26.1321
- CBSA code
- 32580
- CBSA name
- MCALLEN-EDINBURG-MISSION, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$14,822
$189,213
$598,287
$787,500
-
$189,213
$598,287
$787,500
