$520,000
6-Unit Multifamily in Weslaco, TX
Hidalgo County, TX · listed Nov 11, 2023 (1,082 days)
Price per unit compared
This property$87K
Within ~40 mi (207)$82K
Texas median (1,196)$92K
- $/unit
- $86,667
- ▼ 6% vs TX · 45th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 6
- 2 bldg · 2021
Financials
- Asking price
- $520,000
- Price per unit
- $86,667
- Price per sq ft
- Not stated
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 6
- Unit mix
- Not stated
- Buildings
- 2
- Year built
- 2021
- Building size
- Not stated
- Avg unit size
- Not stated
- Lot size
- Not stated
- Condition
- Not stated
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Nov 11, 2023
- Days on market
- 1,082 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 2014
About this property
Reduced Price!!! Great investment, leased fourplex with solid Tenants, all condos with private backyard and one additional community lot area to enjoy! You Tenants can use the back lot for barbecue, kid and pets play area, however if you want to Build More Condos, it's possible based on HOA, it can be done with appropriate permits request. These fourplex are beautiful, in great maintenance condition, no carpet and great location, close to express way. One apartment will be available in April, Investors opportunity to live and save!
Multifamily | 6 Units
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Weslaco, TX▼ 3% cutStabilized | $938K | $117K$117K | — |
 Weslaco, TX | $300K | $50K$50K | — |
 Weslaco, TXHigh yieldNew construction | $1.55M | $97K$97K | 10.2% |
 Mercedes, TXValue-add | $180K | $36K$36K | 0% |
 Weslaco, TXHigh yieldStabilized | $6.48M | $135K$135K | 8% |
 Weslaco, TX | $1.55M | $194K$194K | — |