$429,000
$6K PRICE DROP

400 Retama Ln Weslaco, TX 78596

Estimated payment $3,107/month

Total Views 62,772
-- Bed
-- Bath
3,074 Sq Ft
$140 Price per Sq Ft

Highlights

  • Gated Community
  • Tile Flooring
  • Wood Fence
  • Laundry closet
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

100% Rented. 1 to 4 FOURPLEXES available on one of the best located new multifamily subdivisions in Weslaco. Fourplex features 2 units with 2/2 bedrooms and 2 units with 1/1 bedrooms.A must see unit with an open layout, modern flooring, granite Countertops all over, modern lighting fixtures including recessed lighting throughout the unit, modern sleek white cabinetry.Appliances included and carports. Fully leased with professional property management in place as an option.

Listing Agent

Cynthia Landin

Landin Realty Listed on: 02/07/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,491

Year Built

  • Built in 2022

Lot Details

  • 8,800 Sq Ft Lot
  • Wood Fence
  • Sprinkler System

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 8 Carport Spaces

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Shingle Roof
  • Stucco
  • Stone

Interior Spaces

  • 3,074 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Kitchen

  • Electric Cooktop
  • Microwave

Laundry

  • Laundry closet
  • Dryer
  • Washer

Schools

  • Airport Dr. Elementary School
  • Cuellar Middle School
  • Weslaco East High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number A144500000007100

Community Details

Overview

  • 4 Buildings
  • 4 Units
  • Airport Heights HOA
  • Airport Heights Subdivision

Building Details

  • Insurance Expense $1,698
  • Maintenance Expense $720
  • Gross Income $30,227

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,491

Year Built

Built in 2022

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Directions: Located off of Airport Drive and Clifton st, between Expressway 83 and Business 83 Hwy.
  • Year Built: 2022
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.202
  • Road Surface Type: Paved
  • Subdivision Name: Airport Heights
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: None
  • Building Stories: 1
  • GMAR_Escrow: 5000
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Smooth Electric Cooktop, Dryer, Microwave, Refrigerator, Washer
  • Flooring: Tile
  • Living Area: 3074

Exterior Features

  • Exterior Features: None
  • Interior Amenities: Other
  • Fencing: Wood
  • Lot Features: Sprinkler System
  • Home Warranty: No
  • Construction Type: Stone, Stucco
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: Detached
  • Total Parking Spaces: 8

Utilities

  • Laundry Features: Laundry Closet
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Association Name: Airport Heights HOA
  • Association: Yes

Schools

  • Elementary School: Airport Dr.
  • High School: Weslaco East H.S.
  • Junior High Dist: Weslaco ISD
  • Middle Or Junior School: Cuellar

Lot Info

  • Lot Size Sq Ft: 8799.9912
  • Parcel #: A144500000007100
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 4

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8491

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 30227
  • Insurance Expense: 1698

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 $8,511 $335,972 $63,360 $272,612
2023 $8,567 $338,971 $63,360 $275,611
2022 $4,984 $194,716 $47,960 $146,756
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 Price Changed $429,000 -1.4% $140 / Sq Ft
02/07/2025 02/07/25 For Sale $435,000 -- $142 / Sq Ft
Source: Greater McAllen Association of REALTORS®

About the Listing Agent

Cynthia Landin

Landin Realty

(956) 477-5291

Section Image

Over 15 years in Multifamily properties as investor, realtor and property manager

Cynthia's Other Listings

  • 308 S Retama Ln, Weslaco, TX 78596

    $429,000

    • 3,074 Sq Ft
    • 308 S Retama Ln
    • Weslaco, TX

    100% Rented. Fourplex available on a nice gated multifamily subdivision in Weslaco - Airport HeightsFourplex features 2 units with 2/2 bedrooms and 2 units with 1/1 bedrooms.A must see unit with an open layout, modern flooring, granite Countertops all over, modern lighting fixtures including recessed lighting throughout the unit, modern sleek white cabinetry.Appliances included and carports.

    Cynthia Landin Landin Realty

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  • 1718 Davenport St, Weslaco, TX 78596

    $469,900

    • 3,944 Sq Ft
    • 1718 Davenport St
    • Weslaco, TX

    100% Rented. Fourplex available on a nice gated multifamily subdivision in Weslaco - Airport HeightsFourplex features 2 units with 2/2 bedrooms and 2 units with 3/2 bedrooms.A must see unit with an open layout, modern flooring, granite Countertops all over, modern lighting fixtures including recessed lighting throughout the unit, modern sleek white cabinetry.Appliances included and

    Cynthia Landin Landin Realty

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  • 304 S Retama Ln, Weslaco, TX 78596

    $429,000

    • 3,074 Sq Ft
    • 304 S Retama Ln
    • Weslaco, TX

    Fourplex available on a nice gated multifamily subdivision in Weslaco - Airport HeightsFourplex features 2 units with 2/2 bedrooms and 2 units with 1/1 bedrooms.A must see unit with an open layout, modern flooring, granite Countertops all over, modern lighting fixtures including recessed lighting throughout the unit, modern sleek white cabinetry.Appliances included and carports. Fully leased

    Cynthia Landin Landin Realty

    Section Image
  • 300 Retama Ln, Weslaco, TX 78596

    $429,000

    • 3,074 Sq Ft
    • 300 Retama Ln
    • Weslaco, TX

    100% Rented. Fourplex available on a nice gated multifamily subdivision in Weslaco - Airport HeightsFourplex features 2 units with 2/2 bedrooms and 2 units with 1/1 bedrooms.A must see unit with an open layout, modern flooring, granite Countertops all over, modern lighting fixtures including recessed lighting throughout the unit, modern sleek white cabinetry.Appliances included and carports.

    Cynthia Landin Landin Realty

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  • 1909 Taft St, Weslaco, TX 78599

    $470,000

    • 4,212 Sq Ft
    • 1909 Taft St
    • Weslaco, TX

    A total of four fourplexes are available, all situated on the same street, offering the potential to acquire up to 16 income-producing units within a single, well-maintained community. This is a rare chance to secure a strong-performing portfolio in a prime location. This fully leased fourplex offers a well-balanced unit mix, consisting of two 2-bedroom, 2-bathroom units and two 3-bedroom,

    Cynthia Landin Landin Realty

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  • 2001 Taft St, Weslaco, TX 78599

    $470,000

    • 4,212 Sq Ft
    • 2001 Taft St
    • Weslaco, TX

    100% Leased Fourplex in Gated Community – Weslaco, TXOutstanding investment opportunity in one of Weslaco’s most sought-after gated subdivisions. This fully leased fourplex features two 2BD/2BA units and two 3BD/2BA units, offering a versatile unit mix for strong rental appeal. Each unit includes granite countertops throughout, wood-look tile flooring, one tub and one walk-in shower, and covered

    Cynthia Landin Landin Realty

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  • 5409 N Crown Point, Pharr, TX 78577

    $55,000

    • Land
    • 0.06 Acre
    • $916,667 per Acre
    • 5409 N Crown Point
    • Pharr, TX

    TOWNHOME LOT, located in a very nice and well managed gated subdivision. Build your dream home or a profitable investment. Located right off W. Minnesota Rd, near the Bert Ogden arena and retail shopping areas. Well maintained in a gated community!

    Cynthia Landin Landin Realty

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  • 3302 S Sugar Rd Unit H, Edinburg, TX 78539

    $210,000

    • 3 Beds
    • 4 Baths
    • 1,530 Sq Ft
    • 3302 S Sugar Rd
    • Unit H
    • Edinburg, TX

    Welcome to this luxurious 3 stories townhome. Featuring 3-bedroom, 2 full and 2 half-bathroom in the coveted South Edinburg city. The main level offers the living room and kitchen, both well sized, along with an efficient half bathroom and laundry room. The second level has two spacious bedrooms with accompanying full bathroom each and closet space! The third floor features a bonus room &

    Cynthia Landin Landin Realty

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  • 3302 S Sugar Rd Unit E, Edinburg, TX 78539

    $210,000

    • 3 Beds
    • 4 Baths
    • 1,530 Sq Ft
    • 3302 S Sugar Rd
    • Unit E
    • Edinburg, TX

    Welcome to this luxurious 3 stories townhome. Featuring 3-bedroom, 2 full and 2 half-bathroom in the coveted South Edinburg city. The main level offers the living room and kitchen, both well sized, along with an efficient half bathroom and laundry room. The second level has two spacious bedrooms with accompanying full bathroom each and closet space! The third floor features a bonus room &

    Cynthia Landin Landin Realty

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Source: Greater McAllen Association of REALTORS®

MLS Number: 461047

Greater McAllen Association of REALTORS®

APN: A1445-00-000-0071-00