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!
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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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Source: Greater McAllen AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.