$1,400,000
$50K PRICE DROP

3019 E Mile 11 N Weslaco, TX 78599

Estimated payment $8,120/month

Total Views 8,128
-- Bed
-- Bath
31,000 Sq Ft
$45 Price per Sq Ft

Highlights

  • 2 Acre Lot
  • No HOA
  • Walk-In Closet
  • Mature Trees
  • Crown Molding
  • Laundry Room

About This Home

Fourplex can be SOLD separately/INCOME PRODUCING APTS ! 16 Total units/8 buildings on 2acres. Appliances Convey with Sale. Close Proximity To Grocery Stores, Restaurants, Pinos Hardware Store, Mile 11 & Farm Rd 1015`Although income has been steadily increasing, there is still room to raise rents. The region has been growing and developing rapidly and rental demand is strong. Seize this unbeatable opportunity in a prime location with immense potential. Ideal for 1031 Exchange buyers with strong investment.

Listing Agent

Martha Segura

Big Realty Listed on: 08/19/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,900

Year Built

  • Built in 2009

Lot Details

  • 2 Acre Lot
  • Chain Link Fence
  • Irregular Lot
  • Mature Trees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • Walk-In Closet
  • 31,000 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector
  • Electric Range

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • Garage
  • Front Facing Garage

Eco-Friendly Details

  • Energy-Efficient Thermostat

Schools

  • North Bridge Elementary School
  • Mary Hoge Middle School
  • Weslaco High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number M475500000000400

Community Details

Overview

  • No Home Owners Association
  • 8 Buildings
  • 8 Units
  • Los Mirasoles Subdivision

Building Details

  • Maintenance Expense $600
  • Gross Income $154,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,900

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Directions: Go North FM 1015 Turn left To Mile 11 Mirasoles Apts on your Right.
  • Year Built: 2009
  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 2
  • Road Surface Type: Paved
  • Subdivision Name: Los Mirasoles
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Efficiency: Thermostat
  • Building Stories: 1
  • GMAR_Escrow: 20000
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Water Heater (Electric Heat Pump), Water Heater (Programmable thermostat), Water Heater (Laundry Room), Refrigerator, Stove/Range-Electric Coil
  • Other Equipment: 1 Year Warranty
  • Flooring: Tile
  • Living Area: 31000

Exterior Features

  • Exterior Features: Mature Trees, Other
  • Interior Amenities: Ceiling Fan(s), Crown/Cove Molding, Walk-In Closet(s)
  • Fencing: Chain Link
  • Lot Features: Curb & Gutters, Irregular Lot, Mature Trees
  • Home Warranty: No
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Parking Features: Garage Faces Front, Detached, Other Garage or Carport

Utilities

  • Utilities: Water Available
  • Laundry Features: Laundry Room, Washer/Dryer Connection
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Zoned, Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Central, Zoned, Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 87120
  • Parcel #: M475500000000400

Building Info

  • Buildings: 8

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5900

Multi Family

  • Number Of Units In Community: 8
  • Number Of Units Total: 16
  • Annual Gross Income: 154600

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 $3,523 $188,017 $22,046 $165,971
2023 $3,325 $178,984 $14,488 $164,496
2022 $2,881 $153,095 $0 $0
2021 $2,677 $244,499 $119,504 $124,995
2020 $2,575 $234,637 $119,504 $115,133
2019 $2,818 $240,618 $119,504 $121,114
2018 $2,853 $241,971 $119,504 $122,467
2017 $2,871 $243,324 $119,504 $123,820
2016 $2,803 $173,046 $44,701 $128,345
2015 $1,979 $162,736 $44,701 $129,731
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2025 02/07/25 Price Changed $1,400,000 -3.4% $45 / Sq Ft
08/19/2024 08/19/24 For Sale $1,450,000 -- $47 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Gift Deed -- Corporation Service
Special Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: Greater McAllen Association of REALTORS®

MLS Number: 447018

Greater McAllen Association of REALTORS®

APN: M4755-00-000-0001-00

Texas Hidalgo County Weslaco 78596

3019 E Mile 11 N, Weslaco, TX

This home is located at 3019 E Mile 11 N, Weslaco, TX 78599 and is currently priced at $1,400,000, approximately $45 per square foot. This property was built in 2009. 3019 E Mile 11 N is a home located in Hidalgo County with nearby schools including North Bridge Elementary School, Mary Hoge Middle School, and Weslaco East High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater McAllen Association of REALTORS® The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Greater McAllen Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed.

Copyright 2025 Greater McAllen Association of Realtors. All rights reserved.

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Martha Segura
Listing Agent
Martha Segura
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Big Realty
(956) 201-9022