Outstanding investment opportunity featuring an 8-unit apartment complex built in 2023 and designed for long-term rental success. This fully fenced and gated property consists of eight spacious units, each offering 3 bedrooms, 2 bathrooms, and over 1,500 square feet of living space. Quality finishes throughout include porcelain tile flooring, granite countertops, plantation shutters, and private balconies, creating strong tenant appeal and helping support occupancy. Residents also enjoy a shared outdoor area featuring a Rainbow play set. Ideally located just off FM 88 between Elsa and Weslaco, the property offers convenient access to major employers, schools, shopping, dining, Walmart, Dollar Tree, CVS, and more. With excellent rental income, low vacancy history, newer construction, and minimal maintenance concerns, this turnkey multifamily asset presents an exceptional opportunity for investors seeking stable cash flow and long-term appreciation. Call today for more info!
For sale
$1,200,000
7601 N Fm 88, Weslaco, TX 78599
6beds
4baths
12,120sqft
Apartment, Multi Family
Built in 2023
-- sqft lot
$-- Zestimate®
$99/sqft
$-- HOA
What's special
Private balconiesPorcelain tile flooringGranite countertopsEight spacious unitsPlantation shutters
- 76 days
- 25
- 1
Zillow last checked:
Listing updated:
Listed by:
Ronaldo (Ronnie) Esparza 956-777-8859,
Exp Realty Llc
Source: Greater McAllen AOR,MLS#: 507346
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air
Appliances
- Included: Electric Water Heater, Other
- Laundry: Laundry Closet, Washer/Dryer Connection
Features
- Ceiling Fan(s), Crown Molding, Other, Split Bedrooms, Walk-In Closet(s)
- Flooring: Tile
Interior area
- Total structure area: 12,120
- Total interior livable area: 12,120 sqft
Property
Parking
- Parking features: No Garage
Features
- Patio & porch: Deck/Balcony/Porch
- Exterior features: Motorized Gate, Sprinkler System
- Fencing: Privacy
Lot
- Size: 0.96 Acres
- Features: Sprinkler System
Details
- Additional structures: Outbuilding (None)
- Parcel number: G946002000000100
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment, Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Shingle
Condition
- Year built: 2023
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Green energy
- Energy efficient items: Other
Community & HOA
Community
- Features: Clubhouse, Gated, Sidewalks
- Security: Smoke Detector(s)
- Subdivision: Guerra
HOA
- Has HOA: No
Location
- Region: Weslaco
Financial & listing details
- Price per square foot: $99/sqft
- Tax assessed value: $52,271
- Annual tax amount: $10,239
- Date on market: 6/16/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,345/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2026 | Listed for sale | $1,200,000$99/sqft |
Source: Greater McAllen AOR #507346 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2022 | $984 -2.1% | $52,271 |
| 2021 | $1,005 | $52,271 |
| 2020 | -- | $52,271 |
| 2019 | $1,041 -4.6% | $52,271 |
| 2018 | $1,091 | $52,271 |
| 2017 | $1,091 +60.6% | $52,271 +60% |
| 2016 | $679 +0.1% | $32,669 |
| 2015 | $678 | $32,669 |
| 2014 | $678 | $32,669 |
| 2013 | -- | $32,669 |
| 2012 | -- | $32,669 |
| 2011 | -- | $32,669 +11.1% |
| 2010 | -- | $29,402 -10% |
| 2009 | -- | $32,669 |
| 2008 | -- | $32,669 +66.7% |
| 2007 | -- | $19,602 |
| 2006 | -- | $19,602 |
| 2005 | -- | $19,602 +28.6% |
| 2004 | -- | $15,246 |
| 2003 | -- | $15,246 |
| 2002 | -- | $15,246 +12.9% |
| 2001 | -- | $13,503 |
| 2000 | -- | $13,503 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 78599
Nearby schools
Schools provided by the listing agent
- Elementary: Gonzalez
- Middle: Beatrize Garza
- 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.
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