$875,000

1306 E 11th St Weslaco, TX 78596

Estimated payment $6,395/month

Total Views 749
-- Bed
-- Bath
10,920 Sq Ft
$80 Price per Sq Ft

Highlights

  • 0.7 Acre Lot
  • No HOA
  • Tile Flooring
  • Corner Lot
  • Laundry Room
  • Central Heating and Cooling System

About This Home

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.

Listing Agent

Adolfo Landa

Paramount Commercial Real Estate Llc Listed on: 05/01/2026

Paramount Commercial Real Estate Llc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,925

Year Built

  • Built in 1996

Lot Details

  • 30,601 Sq Ft Lot
  • Corner Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 10,920 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector
  • Stove

Flooring

  • Tile
  • Vinyl

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Eco-Friendly Details

  • Energy-Efficient Thermostat

Schools

  • Margo Elementary School
  • Cuellar Middle School
  • Weslaco East High School

Utilities

  • Central Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number R375003001000900

Community Details

Overview

  • No Home Owners Association
  • Ro Ellen #3 Subdivision

Building Details

  • Insurance Expense $3,139
  • Maintenance Expense $915
  • Gross Income $106,626

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,925

Year Built

Built in 1996

Lot Details

0.7 Acres

Listing Details

  • 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.
  • Year Built: 1996
  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.7025
  • Road Surface Type: Paved
  • Subdivision Name: Ro-Ellen #3
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Efficiency: Thermostat
  • Building Stories: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Shingle
  • Appliances: Water Heater (Other Location), Refrigerator, Stove/Range
  • Flooring: Tile, Vinyl
  • Living Area: 10920

Exterior Features

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

Garage/Parking

  • Parking Features: No Carport

Utilities

  • Laundry Features: Laundry Room, Washer/Dryer Connection
  • 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: Sidewalks, Street Lights
  • Association: No

Schools

  • Elementary School: Margo
  • High School: Weslaco East H.S.
  • Junior High Dist: Weslaco ISD
  • Middle Or Junior School: Cuellar

Lot Info

  • Lot Size Sq Ft: 30600.9
  • Parcel #: R375003001000900

Building Info

  • Buildings: 1

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 19925

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 12
  • Annual Gross Income: 106626
  • Insurance Expense: 3139

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $18,833 $788,023 $183,600 $604,423
2024 $18,833 $743,418 $183,600 $559,818
2023 $20,851 $825,000 $183,600 $641,400
2022 $18,122 $708,018 $153,000 $555,018
2021 $11,918 $458,480 $153,000 $305,480
2020 $12,096 $453,388 $153,000 $300,388
2019 $12,511 $458,480 $153,000 $305,480
2018 $12,039 $440,069 $153,000 $287,069
2017 $12,007 $440,512 $153,000 $287,512
2016 $11,824 $433,812 $183,600 $250,212
2015 $11,195 $409,119 $183,600 $225,519
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2026 05/01/26 For Sale $875,000 -- $80 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Source: Greater McAllen Association of REALTORS®

MLS Number: 503239

Greater McAllen Association of REALTORS®
Texas Hidalgo County Weslaco 78596

1306 E 11th St, Weslaco, TX

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