3,318 SqFt
3,318 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,318 sqft
Subdivision Weslaco Original Townsite
MLS Listing ID 464221
HOA Y/N No
Year Built 1948
Annual Tax Amount $4,934
Tax Year 2025
Lot Size 6,249 Sqft
Acres 0.1435
Property Sub-Type Multi Family
Source Greater McAllen
Property Description
The property features six separate electric meters and one water meter, with current income in place and consistent occupancy. The asset consists of three buildings with a mix of unit types, offering flexibility for rental strategies. Units have undergone ongoing maintenance and updates, providing functionality for today's renters along with additional upside potential through continued improvements.
Centrally located in a downtown area, the property offers convenient access to schools, shopping, and major roadways, making it attractive for tenants.
Pricing reflects the short sale process and presents an opportunity for investors seeking long-term potential.
Showings are by appointment only due to occupancy.
Location
State TX
County Hidalgo
Community Curbs, Sidewalks, Street Lights
Rooms
Other Rooms Outbuilding (None), Storage
Interior
Interior Features Ceiling Fan(s)
Heating Central
Cooling Central Air, Window Unit(s)
Flooring Tile
Appliance Electric Water Heater, Tankless Water Heater, Refrigerator, Stove/Range
Laundry None
Exterior
Exterior Feature Mature Trees
Fence None
Community Features Curbs, Sidewalks, Street Lights
Utilities Available Cable Available
View Y/N No
Roof Type Composition Shingle
Garage No
Building
Lot Description Corner Lot, Curb & Gutters, Mature Trees, Sidewalks
Faces From Expressway 83 head south on Texas Blvd Blvd. Head West on 5th st. Property will be on the North side, just passing Missouri Ave
Story 2
Foundation Pillar/Post/Pier, Slab
Sewer City Sewer
Water Public
Structure Type Frame/Wood,Siding
New Construction No
Schools
Elementary Schools Airport Dr.
Middle Schools Central
High Schools Weslaco H.S.
Others
Tax ID W230000035001300
Security Features Smoke Detector(s)
Director of Operations, Realtor®, Managing Partner | License ID: 0650201
+1(956) 300-1262 | david@apirealtor.com