800 S Texas BLVD Pending

Weslaco,TX 78596

$ 875000

- Bed

- Bath

13044 SqFt


Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

Square Footage 13,044 sqft

Price per Sqft $67

Subdivision Hollywood

MLS Listing ID 448688

HOA Y/N No

Originating Board Greater McAllen

Year Built 1969

Annual Tax Amount $21,500

Tax Year 2023

Lot Size 0.987 Acres

Acres 0.9871

Property Description

Welcome to a prime investment opportunity in Weslaco, Texas! This 17-unit apartment complex is more than just a property; it's a lucrative investment generating over $10,000 monthly. Enjoy a steady cash flow with a strategic location in the heart of Weslaco, offering convenient access to amenities, schools, and more. The property boasts a proven track record with a solid rental history, ensuring a reliable stream of income and low vacancy rates. Each unit is well-maintained, providing a turnkey investment opportunity. Features include spacious and well-designed units, ample parking and professional property management. This property offers excellent long-term investment potential with the current monthly income exceeding $10,000 & competitive cap rate. Don't miss out on this exceptional opportunity! Whether you're a seasoned investor or new to real estate, seize the chance to add a high-performing asset to your portfolio. Contact us today for more information or to schedule a viewing.

Location

State TX

County Hidalgo

Rooms

Other Rooms Outbuilding (None)

Interior

Interior Features Ceiling Fan(s)

Heating Central,Electric

Cooling Central Air,Electric,None,Window Unit(s)

Flooring Other

Appliance Electric Water Heater,Water Heater (Other),No Conveying Appliances

Laundry Laundry Area

Exterior

Exterior Feature Sprinkler System

Carport Spaces 12

Fence None

Community Features None

Waterfront No

View Y/N No

Roof Type Composition Shingle

Total Parking Spaces 12

Garage No

Building

Lot Description Curb & Gutters,Sprinkler System

Faces from expressway 83 and Texas Blvd, head south on Texas Blvd to Eighth street and the 17 units will be located on both the SE & SW corners of Texas Blvd & Eighth street.

Story 1

Foundation Slab

Sewer City Sewer

Water Public

Structure Type Brick

New Construction No

Schools

Elementary Schools Memorial

Middle Schools Central

High Schools Weslaco H.S.

Others

Tax ID H420000002001000

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