$470,000
PENDING NEW CONSTRUCTION $25K PRICE DROP

1412 Lore Dr Weslaco, TX 78599

Estimated payment $3,570/month

Total Views 2,604
8 Beds
8 Baths
3,900 Sq Ft
$121 Price per Sq Ft

Highlights

  • New Construction
  • Granite Countertops
  • 1-Story Property
  • Vaulted Ceiling
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

LOCATION, LOCATION, LOCATION. Brand New Fourplex centrally located in Weslaco ,Tx offering stable revenue stream minutes away from South Padre Island, SpaceX Starbase, Progresso border. Looking to invest in a promising venture? Welcome to Verona Gated Community, move in ready apartments. These cutting edge fourplexes units redefine modern living, offering a blend of comfort, convenience and luxury. ALL UNITS FULLY RENTED.

Listing Agent

Shellia Gowins

Alliance Real Estate Group Brokerage Phone: 469-247-4411 License #0816051 Listed on: 01/25/2025

Co-Listing Agent

Fernando Pacheco

Alliance Real Estate Group Brokerage Phone: 469-247-4411 License #0558778

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,093

Year Built

  • Built in 2023 | New Construction

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Carport Spaces

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Tile Flooring

Kitchen

  • Electric Cooktop
  • <<microwave>>
  • Granite Countertops

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Schools

  • Memorial Elementary School
  • Weslaco High School

Additional Features

  • 9,627 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number V315000000001800

Community Details

Overview

  • Association fees include ground maintenance
  • 2 Buildings
  • 4 Units
  • 3,900 Sq Ft Building
  • Verona Owners Association
  • Verona Subdivision

Building Details

  • Gross Income $51,600
  • Net Operating Income $35,696

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,093

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • OWNERNAME: Projectum LLC
  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Unit Levels: One
  • Year Built Details: New Construction - Complete
  • Attribution Contact: 469-247-4411,469-247-4411
  • CapRate: 7.59
  • Co List Office Mls Id: AREG01C
  • Co List Office Phone: 956-340-4633
  • Co List Office Mls Id: AREG01C
  • Special Features: 4098
  • Year Built: 2023

Interior Features

  • Interior Amenities: Granite Counters, Vaulted Ceiling(s)
  • Flooring: Tile
  • Appliances: Electric Cooktop, Microwave, Refrigerator

Beds/Baths

  • Full Bathrooms: 8
  • Total Bedrooms: 8

Exterior Features

  • Foundation: Slab
  • Roof: Shingle
  • Construction Materials: Stucco
  • Pool Features: None

Garage/Parking

  • Cooling System: Central Air
  • Carport Spaces: 2.0
  • Total Covered Spaces: 2.0
  • Parking Features: Carport

Utilities

  • Sewer: Public Sewer
  • Heating: Central
  • Utilities: Sewer Available
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds
  • Association Fee: 500.0
  • Association Fee Frequency: Annually
  • Association Name: Verona Owners Association

Schools

  • Elementary School: Memorial
  • High School: Weslaco
  • Junior High Dist: Weslaco ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.221
  • Parcel Number: V315000000001800
  • Lot Size Acres: 0.221
  • Lot Size Sq Ft: 9626.76

Building Info

  • Year Built: 2023
  • Units Total: 4

Multi Family

  • Insurance Expense: 1700.0
  • Annual Gross Income: 51600.0
  • Property Net Operating Income: 35696.0

Tax Info

  • Tax Lot: 18
  • Tax Annual Amount: 11093.0

MLS Schools

  • MiddleOrJuniorSchool: Central

Map

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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
06/20/2025 06/20/25 Pending -- -- --
05/07/2025 05/07/25 Price Changed $470,000 -1.1% $121 / Sq Ft
04/28/2025 04/28/25 Price Changed $475,000 +1.1% $122 / Sq Ft
04/22/2025 04/22/25 For Sale $470,000 -3.1% $125 / Sq Ft
04/02/2025 04/02/25 Price Changed $485,000 -2.0% $124 / Sq Ft
01/25/2025 01/25/25 For Sale $495,000 -- $127 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

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Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20826838

North Texas Real Estate Information Systems (NTREIS)