$525,000
NEW CONSTRUCTION

1608 El Camino Dr Progreso Lakes, TX 78596

Estimated payment $3,008/month

Total Views 837
-- Bed
-- Bath
4,100 Sq Ft
$128 Price per Sq Ft

Highlights

  • New Construction
  • Laundry closet
  • Central Heating and Cooling System
  • Walk-In Closet
  • Tile Flooring
  • Ceiling Fan

About This Home

Begin or expand your investment portfolio with this brand-new fourplex located in Weslaco's newest subdivision, Camino de Verdad. Each building features two well-designed units: one offering 3 bedrooms and 2 bathrooms, and the other with 2 bedrooms and 2 bathrooms. Expected completion is by the end of March 2025. This property presents an excellent opportunity for both first-time and experienced investors. Conveniently located near schools, highways, shopping centers, dining, and entertainment options. Seize this opportunity today!

Listing Agent

Jaime Lee Gonzalez

Keller Williams Realty RGV Listed on: 01/13/2025

Keller Williams Realty RGV

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,000

Year Built

  • Built in 2025 | New Construction

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Shingle Roof
  • Stucco

Interior Spaces

  • Walk-In Closet
  • 4,100 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Electric Cooktop
  • Microwave

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 8 Carport Spaces
  • No Garage

Schools

  • Margo Elementary School
  • Cuellar Middle School
  • South Palm Gardens High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Energy-Efficient Thermostat
  • 9,600 Sq Ft Lot

Community Details

  • 2 Buildings
  • 2 Units
  • Camino De Verdad HOA
  • Camino De Verdad Subdivision

Listing and Financial Details

  • Assessor Parcel Number Camino de Verdad Lot 9

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,000

Year Built

Built in 2025 | New Construction

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Directions: Head E on US-83 BUS toward S Texas Blvd. Continue onto E Business 83. Turn right onto S International Blvd. Turn left onto E 18th St/Camino De Verdad. Property will be on the left hand side.
  • Year Built: 2025
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2204
  • Road Surface Type: Paved
  • Subdivision Name: Camino De Verdad
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: Yes
  • Efficiency: Thermostat
  • Building Stories: 1
  • GMAR_Escrow: 5000
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Smooth Electric Cooktop, Dryer, Microwave, Refrigerator, Washer
  • Flooring: Tile
  • Living Area: 4100

Exterior Features

  • Exterior Features: None
  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s)
  • Fencing: None
  • Home Warranty: No
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Property Condition: New Construction
  • Pool YN: No

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Area, 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
  • Amenities: Property Owners' Assoc.
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Association Name: Camino De Verdad HOA
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 9600.1884
  • Parcel #: Camino de Verdad Lot 9
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 1000

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 4

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
01/13/2025 01/13/25 For Sale $525,000 +444.0% $128 / Sq Ft
09/13/2024 09/13/24 Sold -- -- --
07/26/2024 07/26/24 For Sale $96,500 -- --
Source: Greater McAllen Association of REALTORS®

Source: Greater McAllen Association of REALTORS®

MLS Number: 458692

Greater McAllen Association of REALTORS®