$1,125,000
$75K PRICE DROP

1120 Valley View Dr Weslaco, TX 78596

Estimated payment $7,817/month

Total Views 2,552
-- Bed
-- Bath
14,877 Sq Ft
$76 Price per Sq Ft

Highlights

  • Mature Trees
  • Tile Flooring
  • Ceiling Fan
  • No HOA
  • Central Heating and Cooling System
  • Wood Fence

About This Home

Prime 15-Unit Investment Opportunity in Weslaco!
Discover the income potential of this well-maintained 15-unit apartment complex, ideally located in the heart of Weslaco. Just 0.3 miles from Business 83, 1 mile from H-E-B, and 1.5 miles from Weslaco High School, this property offers unbeatable access to schools, shopping, dining, and healthcare.

Each unit features a comfortable 2-bedroom, 1-bathroom layout, with most units boasting modern upgrades including renovated kitchens and bathrooms. Recent improvements include brand-new electrical panels, new roofs on both buildings, and a resurfaced parking lot. Covered parking provides added convenience and appeal for tenants.

This turnkey property presents a strong investment in a high-demand rental market with long-term upside.

Listing Agent

Rebeca Bermudez

Tnt Real Estate Listed on: 04/13/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,889

Year Built

  • Built in 1971

Lot Details

  • 1.55 Acre Lot
  • Wood Fence
  • Mature Trees

Home Design

  • Slab Foundation
  • Composition Shingle Roof
  • Stucco

Interior Spaces

  • 14,877 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector
  • Electric Range

Parking

  • 30 Carport Spaces
  • No Garage

Eco-Friendly Details

  • Energy-Efficient Thermostat

Schools

  • Airport Dr. Elementary School
  • Central Middle School
  • Weslaco High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number W380000638000003

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 15 Units
  • West Tract Subdivision

Building Details

  • Insurance Expense $11,733
  • Maintenance Expense $3,720
  • Gross Income $112,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,889

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Directions: Take the exit off the expressway onto Westgate Dr and head south. Continue south past the W Business 83 intersection and turn left onto Valley View Dr. Continue straight until you reach the the corner of Valley View Dr and Clifford Dr, the property will be located on the left hand side.
  • Year Built: 1971
  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.55
  • Road Surface Type: Paved
  • Subdivision Name: West Tract
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Thermostat
  • Building Stories: 1
  • GMAR_Escrow: 12000
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Refrigerator, Stove/Range-Electric Coil, Stove/Range-Electric Smooth
  • Flooring: Tile
  • Living Area: 14877

Exterior Features

  • Exterior Features: Mature Trees
  • Interior Amenities: Ceiling Fan(s)
  • Fencing: Wood
  • Lot Features: Mature Trees
  • Home Warranty: No
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 30
  • Covered Parking Spaces: 30
  • Parking Features: Attached, No Garage
  • Total Parking Spaces: 30

Utilities

  • Laundry Features: None
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Elementary School: Airport Dr.
  • High School: Weslaco H.S.
  • Junior High Dist: Weslaco ISD
  • Middle Or Junior School: Central

Lot Info

  • Lot Size Sq Ft: 67518
  • Parcel #: W380000638000003

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 19889

Multi Family

  • Number Of Units In Community: 15
  • Number Of Units Total: 15
  • Annual Gross Income: 112140
  • Insurance Expense: 11733

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 Price Changed $1,125,000 -6.3% $76 / Sq Ft
04/13/2025 04/13/25 For Sale $1,200,000 -- $81 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Source: Greater McAllen Association of REALTORS®

MLS Number: 467599

Greater McAllen Association of REALTORS®

Texas Hidalgo County Weslaco 78596

1120 Valley View Dr, Weslaco, TX

This home is located at 1120 Valley View Dr, Weslaco, TX 78596 and is currently priced at $1,125,000, approximately $75 per square foot. This property was built in 1971. 1120 Valley View Dr is a home located in Hidalgo County with nearby schools including Central Middle School, Weslaco High School, and Mid Valley Christian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater McAllen Association of REALTORS® The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Greater McAllen Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed.

Copyright 2025 Greater McAllen Association of Realtors. All rights reserved.

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Rebeca Bermudez
Listing Agent
Rebeca Bermudez
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Tnt Real Estate
(956) 567-9985