611 Cameron St Progreso Lakes, TX 78596
Estimated payment $6,255/month
Highlights
- 1.08 Acre Lot
- No HOA
- Walk-In Closet
- High Ceiling
- Cul-De-Sac
- Laundry closet
About This Home
Great Investment Opportunity! This 8-plex property offers multiple rental units in a great location, providing steady cash flow potential. Each unit features spacious living areas, three parking spots per unit, new construction. Additionally, the property includes an extra property next to it, which is now leased for a pre owned car lot, offering additional cash flow. This versatile space is perfect for tenants needing extra parking for added convenience of possibly turning into a different cash flow opportunity, such as a plaza. This property is a must see. Owner finance available.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,493
Year Built
- Built in 2023
Lot Details
- 1.08 Acre Lot
- Cul-De-Sac
- Chain Link Fence
Home Design
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
Interior Spaces
- Walk-In Closet
- 7,168 Sq Ft Home
- 1-Story Property
- High Ceiling
- Ceiling Fan
- Tile Flooring
- Laundry closet
Kitchen
- Stove
- Microwave
Parking
- 16 Carport Spaces
- No Garage
Eco-Friendly Details
- Energy-Efficient Thermostat
Schools
- Progreso Elementary And Middle School
- Progreso High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number T123205000003900
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
- Tejas #5 Subdivision
Building Details
- Insurance Expense $1,200
- Maintenance Expense $50
- Gross Income $85,000
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $9,493 | $787,089 | $324,410 | $462,679 |
| 2024 | $9,493 | $324,410 | $324,410 | -- |
| 2023 | $9,058 | $324,410 | $324,410 | $0 |
| 2022 | $4,964 | $164,556 | $164,556 | $0 |
| 2021 | $4,987 | $164,556 | $164,556 | $0 |
| 2020 | $5,077 | $164,556 | $164,556 | $0 |
| 2019 | $5,142 | $164,556 | $164,556 | $0 |
| 2018 | $5,103 | $164,556 | $164,556 | $0 |
| 2017 | $5,143 | $164,556 | $164,556 | $0 |
| 2016 | $2,572 | $82,278 | $82,278 | $0 |
| 2015 | $2,550 | $82,278 | $82,278 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/04/2025 09/04/25 | For Sale | $1,050,000 | -- | $146 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Corporation Service | |
| Special Warranty Deed | -- | Security Land Title Co | |
| Trustee Deed | $75,000 | None Available | |
| Vendors Lien | -- | Vltc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $90,000 | Purchase Money Mortgage |
Source: Greater McAllen Association of REALTORS®
MLS Number: 479668
APN: T1232-05-000-0039-00
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.
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 2026 Greater McAllen Association of Realtors. All rights reserved.
- 121 Military Hwy
- TBD W Sfc Johnny Vela St
- TBD Lyons St
- 335 Watts Ave
- TBD Military Rd
- TBD S Military Rd SE
- 1020 Tamaulipas St
- 118 J R Becerra Ave
- 220 J R Becerra Ave
- N N Fm 1015 Rd N
- 00 Calle Santiago Galvan
- 3808 Bella Costa Dr
- 101 Quinta Ave
- 1214 Industrial Dr
- 000 Industrial Dr
- 1101 Industrial Dr
- 4 E Calle Santiago Galvan
- 2 E Calle Santiago Galvan
- 3 E Calle Santiago Galvan
- 5 E Calle Santiago Galvan
- 1020 Tamaulipas St
- 3819 Bella Costa Dr Unit 1
- 1015 Martinez St
- 1408 Pine St Unit D
- 128 Los Platanos St
- 489 Yolanda St
- 527 Caroline St
- 2016 Brightwood Ave
- 2101 Brightwood Ave
- 3818 Tierra Escondida
- 2601 S Border Ave Unit 132
- 1230 Jessie St Unit 2
- 1230 Jessie St Unit 1
- 1104 Jessie St Unit 2
- 1506 Playa Dr Unit 4
- 1506 Playa Dr Unit 1
- 1604 Shadow Creek Unit 1
- 1631 Playa Dr
- 1618 Playa Dr
- 1609 Buen Camino