3801 E Moreland RD, Weslaco, TX 78596
3801 E Moreland RD, Weslaco, TX 78596
3801 E Moreland RD, Weslaco, TX 78596
3801 E Moreland RD, Weslaco, TX 78596
3801 E Moreland RD, Weslaco, TX 78596
3801 E Moreland RD, Weslaco, TX 78596
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Listed by Marcus Phipps Real Estate LLC
$ 7,500,000

77,325 SqFt


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$ 7,500,000
Save

77,325 SqFt

Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 77,325 sqft

Subdivision Red Bird #2

MLS Listing ID 515451

HOA Y/N No

Year Built 2005

Annual Tax Amount $110,000

Tax Year 2026

Lot Size 6.547 Acres

Acres 6.5471

Property Sub-Type Apartment

Source Greater McAllen

Property Description

78 UNIT WESLACO APARTMENT COMPLEX FOR SALE! With a 98.4% Occupancy Rate in 2025, this complex is a surefire winner! Everything has been kept in excellent condition, which is evidenced by the tenant longevity and the fabulous appearance of the property overall. A mix of unit types and sizes gives tenants options and helps fill vacancies quickly, rarely encountering a 90-day vacancy. The location is great, being super close to the Expressway and to entertainment and dining options. The property is in 4 Phases. Phase 1 has 19 Units including 5 1 Bed/1 Baths and 14 2/2s. Phase 2 has 6 1 Bed/1 Baths, 17 2/2s, and one 1800 sf 3/2 with a 2 car garage. Phases 3 and 4 are all 2/2s. The 1 Bedroom units are 875 sf except for one 775 sf unit. The 2 Bed units are all 1000 sf. Expenses on the property have run high recently, but aggressive measures are being taken to reduce costs and increase rents. Documents and Financials are available to review with an LOI and NDA.

Location

State TX

County Hidalgo

Community Curbs, Sidewalks, Street Lights

Rooms

Other Rooms Outbuilding (Other)

Interior

Interior Features Ceiling Fan(s), Decorative/High Ceilings

Heating Central, Electric

Cooling Central Air, Electric

Flooring Tile

Appliance Electric Water Heater, Water Heater (Laundry Room), Refrigerator, Stove/Range

Laundry Laundry Room, Washer/Dryer Connection

Exterior

Exterior Feature Sprinkler System

Garage Spaces 2.0

Fence Decorative Metal, Masonry, Non Privacy, Other, Privacy, Wood

Community Features Curbs, Sidewalks, Street Lights

View Y/N No

Roof Type Composition Shingle

Total Parking Spaces 2

Garage Yes

Building

Lot Description Curb & Gutters, Mature Trees, Sprinkler System

Faces At the corner of I-2 and Plaza Los Encinos (The Tipsy Monkey Bar), turn Right onto Plaza Los Encinos. Turn Left onto Moreland and the apartments will be on your left.

Story 1

Foundation Slab

Sewer City Sewer

Water Public

Structure Type Brick

New Construction No

Schools

Elementary Schools Margo

Middle Schools Cuellar

High Schools Weslaco East H.S.

Others

Tax ID 345531

Security Features Smoke Detector(s)

Sergio Adame
Sergio Adame

Broker/Owner License ID: 0534881

+1(210) 845-4419 | sergio@apirealtor.com

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3801 E Moreland RD