List Price:
$875,000
MLS Number:
503239
Property Type:
Residential Income
Property Sub Type:
Apartment
Accessibility Features:
Appliances:
Water Heater (Other Location), Refrigerator, Stove/Range
Application Fee:
Association Fee:
Association Fee Frequency:
Association YN:
No
Attached Garage YN:
Availability:
Base Rent Amount:
Basement:
Building Area Total:
10920
Building Area Units:
Square Feet
Carport Spaces:
0
Carport YN:
No
City:
Weslaco
Community Features:
Sidewalks, Street Lights
Construction Materials:
Brick
Cooling:
Central Air
Cooling YN:
Yes
Country:
US
County:
Hidalgo
Covered Spaces:
0
Designated Broker MUI:
15487295
Directions:
From McAllen, head north on US-77 for about 15 miles toward Weslaco. Once in Weslaco, turn right (east) onto 11th Street and continue for 1-2 miles. The property will be located on your right-hand side in the residential area on the east side of town.
Elementary School:
Margo
Elementary School District:
Weslaco ISD
Exterior Features:
None
Fencing:
None
Fireplace YN:
Flooring:
Tile, Vinyl
Foundation Details:
Slab
Furnished:
Garage Spaces:
0
Garage YN:
No
Green Energy Efficient:
Thermostat
Heating:
Central
Heating YN:
Yes
High School:
Weslaco East H.S.
High School District:
Weslaco ISD
Interior Features:
Ceiling Fan(s)
Laundry Features:
Laundry Room, Washer/Dryer Connection
Lease Term:
Leased Rent Share:
Living Area Source:
HidalgoCAD
Living Area SqFt:
10920
Living Area Units:
Square Feet
Lot Features:
Corner Lot
Lot Size Acres:
0.7025
Lot Size SqFt :
30600.9
Maintenance Expense:
$915
Middle School:
Cuellar
Middle School District:
Weslaco ISD
New Construction YN:
No
Number Of Buildings:
1
Number Of Units In Community:
1
Number Of Units Total:
12
Open Parking YN:
Other Bldg SqFt:
Other Equipment:
Other Expense:
$4,521
Other Structures:
Outbuilding (None)
Own Lot YN:
Parking Features:
No Carport
Parking Total:
0
Patio And Porch Features:
Pet Deposit:
Pets Allowed:
Pool Features:
Pool Private YN:
Pool YN:
No
Postal Code:
78596
Property Attached YN:
Public Remarks:
12-unit multifamily property located at 1306 E 1st St in Weslaco, TX. All units are 2 bed / 2 bath with average rents of $850/month. The property offers low operating expenses and strong cash flow with value-add potential through rent increases and RUBS implementation for additional income. Conveniently located near Business US-83, schools, and retail, providing strong workforce housing demand in the growing Rio Grande Valley market.
Road Frontage Type:
Road Surface Type:
Paved
Roof:
Shingle
Room Office Area:
Rooms Total:
Security Features:
Smoke Detector(s)
Security Deposit:
Sewer:
City Sewer
Showing CSS YN:
Spa Features:
Spa YN:
Standard Status:
Active
State:
TX
Status:
Active
Street Dir Prefix:
E
Street Dir Suffix:
Street Name:
11th
Street Number:
1306
Street Suffix:
Street
Subdivision:
Ro-Ellen #3
Tax Annual Amount:
$19,925
Tax Year:
2025
Utilities:
Water Source:
Public
Window Features:
Year Built:
1996
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