$750,000

159 N Bridge Ave Weslaco, TX 78596

Estimated payment $4,689/month

Total Views 1,753
-- Bed
-- Bath
5,624 Sq Ft
$133 Price per Sq Ft

Highlights

  • Mature Trees
  • Bonus Room
  • High Ceiling
  • Deck
  • Corner Lot
  • No HOA

About This Home

Check out this incredible investment opportunity in the heart of Weslaco, Texas—a fully occupied, cash-flowing 6-unit apartment complex with unmatched location and upgrades. Five of the six units have been stunningly remodeled with modern finishes and thoughtful touches that elevate the property well above anything else on the market. Located directly across from Franklin D. Roosevelt Elementary and just down the street from the brand-new Weslaco Police Department, this complex offers tenants both security and convenience. It’s also less than a minute from the expressway and surrounded by newly developed businesses, making it a prime spot for long-term value and tenant demand. This is a rare, turnkey opportunity for any investor looking to add a high-performing asset in one of the Valley’s fastest-growing areas—properties like this don’t come around often.

Listing Agent

Angelo Bazan

Reic, Llc Listed on: 06/02/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,609

Year Built

  • Built in 1999

Lot Details

  • 0.32 Acre Lot
  • Masonry wall
  • Corner Lot
  • Mature Trees

Home Design

  • Slab Foundation
  • Metal Roof
  • Clay Roof
  • Stucco

Interior Spaces

  • 5,624 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Home Office
  • Bonus Room
  • Laminate Flooring

Kitchen

  • Oven
  • Stove

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Parking

  • 14 Carport Spaces
  • No Garage

Outdoor Features

  • Balcony
  • Deck
  • Slab Porch or Patio
  • Outbuilding

Schools

  • Franklin Elementary School
  • Central Middle School
  • Weslaco High School

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R065000002000500

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Ramona Subdivision

Building Details

  • Gross Income $56,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,609

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Directions: From the expressway, take the exit for N Bridge Ave and turn right. Continue driving straight, and the property will be on your right, directly across from Franklin D. Roosevelt Elementary School.
  • Year Built: 1999
  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3168
  • Road Surface Type: Paved
  • Subdivision Name: Ramona
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Other
  • Building Stories: 2
  • GMAR_Escrow: 5000
  • Special Features: None
  • Stories: 2

Interior Features

  • Roof: Clay Tile, Metal
  • Appliances: Electric Water Heater, Tankless Water Heater, Other, Oven-Single, Refrigerator, Stove/Range
  • Flooring: Laminate
  • Living Area: 5624

Exterior Features

  • Exterior Features: Balcony, Other
  • Interior Amenities: Bonus Room, Built-in Features, Ceiling Fan(s), Decorative/High Ceilings, Office/Study, Other, Split Bedrooms, Walk-In Closet(s)
  • Fencing: Masonry
  • Lot Features: Corner Lot, Curb & Gutters, Mature Trees, Sidewalks
  • Home Warranty: No
  • Construction Type: Block, Other, Stucco
  • Foundation Details: Slab
  • Other Structures: Outbuilding (Other)
  • Patio And Porch Features: Deck, Deck/Balcony/Porch, Patio, Patio Slab
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 14
  • Covered Parking Spaces: 14
  • Parking Features: No Garage, Other Garage or Carport
  • Total Parking Spaces: 14

Utilities

  • Utilities: Cable Available
  • Laundry Features: Laundry Area, Washer/Dryer Connection
  • Cooling: Central Air, Other HVAC
  • Cooling Y N: Yes
  • Heating: Central, Other HVAC
  • Heating Yn: Yes
  • Sewer: City Sewer

Condo/Co-op/Association

  • Community Features: Other, Sidewalks, Street Lights
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 13799.808
  • Parcel #: R065000002000500

Building Info

  • Buildings: 1

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7609

Multi Family

  • Number Of Units In Community: 6
  • Number Of Units Total: 6
  • Annual Gross Income: 56400

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

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
2024 $7,609 $300,369 $94,530 $205,839
2023 $9,412 $372,413 $94,530 $277,883
2022 $6,559 $256,239 $62,100 $194,139
2021 $6,000 $230,819 $57,240 $173,579
2020 $8,092 $303,312 $57,240 $246,072
2019 $6,062 $222,140 $57,240 $164,900
2018 $5,917 $216,289 $57,240 $159,049
2017 $5,771 $211,728 $57,240 $154,488
2016 $6,800 $249,478 $42,612 $206,866
2015 $5,389 $195,940 $41,607 $154,333
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 For Sale $750,000 -- $133 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Source: Greater McAllen Association of REALTORS®

MLS Number: 472506

Greater McAllen Association of REALTORS®

APN: R0650-00-002-0005-00