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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,856 sqft
Subdivision J. R. No. 3
MLS Listing ID 460433
Sold Date 07/08/25
HOA Y/N No
Year Built 2003
Annual Tax Amount $11,196
Tax Year 2024
Lot Size 10,602 Sqft
Acres 0.2434
Property Sub-Type Multi Family
Source Greater McAllen
Property Description
Excellent investment opportunity in Weslaco, TX! This 6-unit apartment complex is strategically located near the Progreso International Bridge, offering strong rental demand. The property features a mix of four 2-bedroom, 1-bath units and two 3-bedroom, 1-bath units, appealing to a variety of tenants.
A coin laundromat on-site generates an additional $150/month in passive income, boosting overall returns. Currently, 5 out of 6 units are rented, providing immediate cash flow with room for full occupancy.
Don't miss out on this great investment opportunity! Request more info today!
Location
State TX
County Hidalgo
Rooms
Other Rooms Laundry Facility
Interior
Interior Features Ceiling Fan(s)
Heating Central, Electric
Cooling Central Air, Electric
Flooring Tile
Appliance Electric Water Heater, Refrigerator, Stove/Range-Electric Coil
Laundry Laundry Room
Exterior
Exterior Feature Balcony
Fence Privacy, Wood
Community Features None
Utilities Available Cable Available
View Y/N No
Roof Type Composition Shingle
Garage No
Building
Lot Description Mature Trees, Sidewalks
Faces South on FM 1015 (International Blvd.), East on Baker, North on Gonzalez, West on Oak and property on the north side.
Story 2
Foundation Slab
Sewer City Sewer
Water Public
Structure Type Brick,Stucco
New Construction No
Schools
Elementary Schools Progreso
Middle Schools Progreso
High Schools Progreso H.S.
Others
Tax ID J183503000005500
Security Features Smoke Detector(s)
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Regional Developer Texas | License ID: 408918
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