You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR SALE
Apartment buildings

2701 S Midway Rd Weslaco, TX 78596

10,496 SF 1.01 ac lot Built 2007
Entity Owned 4-yr Hold
Property ID
US82-8658019
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 2007
Total area 10,496 SF
Lot 1.01 ac (44,004 SF)
Zoning code RS
APN M4035-00-000-0004-00
UPID US82-8658019
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
Current use
Occupant on record · Public records
  • Midway Apartment Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$485k
CAP Approach CAP
by Request
Comparable Approach Comparable
$614k
Blend (final) Blend
$550k
Owner & transaction history
2701 S Midway Rd LLC · 4 yrs held
2701 S Midway Rd LLC
since 2021
2 recorded transactions
2021
Price N/A
2009
Price N/A
Zoning & alternative use
RS · Weslaco, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $845,000 +51.0%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message