$470,000
$29K PRICE DROP

1403 Marcela Dr Weslaco, TX 78599

Estimated payment $3,504/month

Total Views 5,350
-- Bed
-- Bath
3,900 Sq Ft
$121 Price per Sq Ft

Highlights

  • Gated Community
  • Laundry closet
  • Central Heating and Cooling System
  • Double Pane Windows
  • Tile Flooring
  • Ceiling Fan

About This Home

Fully leased fourplex in Weslaco's new gated subdivision, Verona! This property features 2 bed/2 bath units with modern open floorplans, quartz countertops, wood-like tile, and spacious bedrooms with large closets. Each unit includes appliances, washer/dryer, and private fenced backyards. Tenants cover electricity, trash, cable, and internet; water is included. Eight carport spaces. Prime location near schools, shopping, and dining. Immediate cash flow—don’t miss this investment opportunity! Schedule a showing today.

Listing Agent

Gregorio Resendez

Big Realty Listed on: 11/22/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,658

Year Built

  • Built in 2023

Lot Details

  • 9,640 Sq Ft Lot
  • Privacy Fence
  • Wood Fence

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Siding
  • Stucco

Interior Spaces

  • 3,900 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 8 Carport Spaces
  • No Garage

Eco-Friendly Details

  • Energy-Efficient Thermostat

Schools

  • Rico Elementary School
  • Mary Hoge Middle School
  • Weslaco East High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number V315000000000900

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Verona Owners Association Inc Association
  • Verona Subdivision

Building Details

  • Insurance Expense $1,650
  • Maintenance Expense $1,200
  • Gross Income $52,800

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,658

Year Built

Built in 2023

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Directions: Off the intersection of Expressway 83 and FM 1015 (International Blvd), head North on FM 1015 to Maria Jose Drive (just North of Catholic War Veterans Memorial) and turn left into the subdivision. Marcela Drive is the first street to the left, and 1403 Marcela is on the right side.
  • Year Built: 2023
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2213
  • Road Surface Type: Paved
  • Subdivision Name: Verona
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Efficiency: Attic Fans, Thermostat
  • Building Stories: 1
  • GMAR_Escrow: 5000
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Water Heater (In Attic), Dryer, Microwave, Refrigerator, Stove/Range-Electric Smooth, Washer
  • Flooring: Tile
  • Living Area: 3900
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

  • Exterior Features: None
  • Interior Amenities: Ceiling Fan(s), Dryer, Microwave, Washer
  • Fencing: Privacy, Wood
  • Lot Features: Curb & Gutters, Sidewalks
  • Home Warranty: No
  • Construction Type: Siding, Stucco
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: No Garage
  • Total Parking Spaces: 8

Utilities

  • Laundry Features: Laundry Closet, Washer/Dryer Connection
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Gated, Sidewalks, Street Lights
  • Amenities: Property Owners' Assoc.
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association Name: Verona Owners Association Inc
  • Association: Yes

Schools

  • Elementary School: Rico
  • High School: Weslaco East H.S.
  • Junior High Dist: Weslaco ISD
  • Middle Or Junior School: Mary Hoge

Lot Info

  • Lot Size Sq Ft: 9639.828
  • Parcel #: V315000000000900
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10658

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 52800
  • Insurance Expense: 1650

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
05/08/2025 05/08/25 Price Changed $470,000 -3.9% $121 / Sq Ft
02/17/2025 02/17/25 Price Changed $489,000 -2.0% $125 / Sq Ft
11/22/2024 11/22/24 For Sale $499,000 -- $128 / Sq Ft
Source: Greater McAllen Association of REALTORS®

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Source: Greater McAllen Association of REALTORS®

MLS Number: 454031

Greater McAllen Association of REALTORS®