Great Deal! 6-unit income-producing property in the heart of Weslaco offered at a compelling price point. 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.
For sale
Price increase: $20K (6/2)
$265,000
220 W 5th St, Weslaco, TX 78596
5beds
4baths
3,318sqft
Multi Family
Built in 1948
-- sqft lot
$-- Zestimate®
$80/sqft
$-- HOA
What's special
Ongoing maintenance and updates
- 489 days |
- 151 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Rebeca Bermudez 956-328-8473,
Tnt Real Estate
Source: Greater McAllen AOR,MLS#: 464221
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air, Window Unit(s)
Appliances
- Included: Electric Water Heater, Tankless Water Heater, Refrigerator, Stove/Range
- Laundry: None
Features
- Ceiling Fan(s)
- Flooring: Tile
- Windows: Double Pane Windows
Interior area
- Total structure area: 3,318
- Total interior livable area: 3,318 sqft
Property
Parking
- Parking features: No Carport, No Garage
Features
- Exterior features: Mature Trees
- Fencing: None
Lot
- Size: 6,250 Square Feet
- Features: Corner Lot, Curb & Gutters, Mature Trees, Sidewalks
Details
- Additional structures: Outbuilding (None), Storage
- Parcel number: W230000035001300
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame/Wood, Siding
- Foundation: Pillar/Post/Pier, Slab
- Roof: Composition
Condition
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Green energy
- Energy efficient items: Attic Fans, Thermostat
Community & HOA
Community
- Features: Curbs, Sidewalks, Street Lights
- Security: Smoke Detector(s)
- Subdivision: Weslaco Original Townsite
HOA
- Has HOA: No
Location
- Region: Weslaco
Financial & listing details
- Price per square foot: $80/sqft
- Tax assessed value: $194,755
- Annual tax amount: $4,934
- Date on market: 3/5/2025
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,767/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/2/2026 | Price change | $265,000+8.2%$80/sqft |
Source: Greater McAllen AOR #464221 Report a problem | ||
| 5/25/2026 | Listed for sale | $245,000$74/sqft |
Source: Greater McAllen AOR #464221 Report a problem | ||
| 5/25/2026 | Pending sale | $245,000$74/sqft |
Source: Greater McAllen AOR #464221 Report a problem | ||
| 4/28/2026 | Price change | $245,000-8.9%$74/sqft |
Source: Greater McAllen AOR #464221 Report a problem | ||
| 9/19/2025 | Price change | $269,000-8.8%$81/sqft |
Source: Greater McAllen AOR #464221 Report a problem | ||
| 7/23/2025 | Price change | $295,000-7.8%$89/sqft |
Source: Greater McAllen AOR #464221 Report a problem | ||
| 4/23/2025 | Price change | $320,000-5.9%$96/sqft |
Source: Greater McAllen AOR #464221 Report a problem | ||
| 3/26/2025 | Price change | $340,000-6.8%$102/sqft |
Source: Greater McAllen AOR #464221 Report a problem | ||
| 3/5/2025 | Price change | $365,000-1.4%$110/sqft |
Source: Greater McAllen AOR #464221 Report a problem | ||
| 8/1/2024 | Price change | $370,000-5.1%$112/sqft |
Source:  RGVMLS #29754806 Report a problem | ||
| 7/5/2024 | Listed for sale | $390,000+95.1%$118/sqft |
Source: Greater McAllen AOR #443027 Report a problem | ||
| 6/4/2021 | Sold | -- |
Source: Greater McAllen AOR #528004_348795 Report a problem | ||
| 2/27/2021 | Pending sale | $199,900$60/sqft |
Source: Greater McAllen AOR #348795 Report a problem | ||
| 2/25/2021 | Price change | $199,900-2.5%$60/sqft |
Source: Greater McAllen AOR #348795 Report a problem | ||
| 1/4/2021 | Price change | $205,000-4.6%$62/sqft |
Source: Greater McAllen AOR #348795 Report a problem | ||
| 10/13/2020 | Price change | $214,900-2.3%$65/sqft |
Source: 3 Americas Group of Real Estate #324938 Report a problem | ||
| 5/13/2020 | Price change | $219,900-2.2%$66/sqft |
Source: 3 Americas Group of Real Estate #324938 Report a problem | ||
| 3/5/2020 | Price change | $224,900-2.2%$68/sqft |
Source: 3 Americas Group of Real Estate #324938 Report a problem | ||
| 2/3/2020 | Price change | $229,900-4.2%$69/sqft |
Source: 3 Americas Group of Real Estate #324938 Report a problem | ||
| 1/15/2020 | Price change | $239,900-4%$72/sqft |
Source: 3 Americas Group of Real Estate #324938 Report a problem | ||
| 12/2/2019 | Price change | $249,900-2%$75/sqft |
Source: 3 Americas Group of Real Estate #324938 Report a problem | ||
| 11/21/2019 | Listed for sale | $255,000-1.5%$77/sqft |
Source: 3 Americas Group of Real Estate #324938 Report a problem | ||
| 3/27/2019 | Listing removed | $259,000$78/sqft |
Source: Big Realty #311155 Report a problem | ||
| 3/1/2019 | Listed for sale | $259,000$78/sqft |
Source: Big Realty #311155 Report a problem | ||
| 3/31/2011 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,924 +7.8% | $194,755 +8% |
| 2024 | $4,568 -11.7% | $180,329 -11.9% |
| 2023 | $5,175 +29.7% | $204,772 +31.4% |
| 2022 | $3,990 +51.1% | $155,887 +53.5% |
| 2021 | $2,641 | $101,587 +9.1% |
| 2020 | -- | $93,103 +17.6% |
| 2019 | $2,113 +3.6% | $79,202 +6.2% |
| 2018 | $2,040 | $74,568 |
| 2017 | $2,040 +24.2% | $74,568 +23.7% |
| 2016 | $1,643 -9.4% | $60,266 |
| 2015 | $1,813 | $60,266 -9% |
| 2014 | $1,813 | $66,243 +2.9% |
| 2013 | -- | $64,368 |
| 2012 | -- | $64,368 +0% |
| 2011 | -- | $64,350 |
| 2010 | -- | $64,350 +0% |
| 2009 | -- | $64,348 |
| 2008 | -- | $64,348 +7.2% |
| 2007 | -- | $60,019 +58.7% |
| 2006 | -- | $37,814 +20.9% |
| 2005 | -- | $31,271 -26.4% |
| 2004 | -- | $42,493 -2.5% |
| 2003 | -- | $43,577 -1.5% |
| 2002 | -- | $44,243 +6.2% |
| 2001 | -- | $41,655 +0.3% |
| 2000 | -- | $41,527 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 78596
Nearby schools
GreatSchools rating
- 4/10Airport Elementary SchoolGrades: PK-5Distance: 1.4 mi
- 8/10Central Middle SchoolGrades: 6-8Distance: 0.4 mi
- 6/10Weslaco High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Airport Dr.
- Middle: Central
- High: Weslaco H.S.
- District: Weslaco ISD
Source: Greater McAllen AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Texas
- Hidalgo County
- Weslaco
- 78596
- 220 W 5th St
Nearby cities
Nearby zip codes
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