$739,000

7432 Lakeside Blvd Olmito, TX 78575

Estimated payment $4,766/month

Total Views 1,089
-- Bed
-- Bath
6,804 Sq Ft
$109 Price per Sq Ft

Highlights

  • Deck
  • Double Pane Windows
  • Handicap Accessible
  • Los Fresnos High School Rated A-
  • Walk-In Closet
  • Tile Flooring

About This Home

Turnkey Multifamily Investment – Two Fully Occupied Triplexes Incredible investment opportunity! This property features two well-maintained triplex apartment buildings (6 total units) situated on nearly half an acre in a desirable and high-demand rental area. Each unit is approximately 1,150 sq. ft. and offers a spacious 2-bedroom, 2-bath layout with a full suite of appliances included—refrigerator, stove, washer, and dryer. Property Highlights: Two 3-plex buildings (6 units total) Each unit is 2 Bed / 2 Bath – approx. 1,150 sq. ft. All appliances convey: Refrigerator, stove, washer, and dryer Currently 100% occupied $1,000/month per unit in rental income Located in a highly rated school district Only 10 minutes to shopping, restaurants, and hospitals Strong rental demand and low vacancy area This is a fully leased, income-producing property with upside potential in a growing market. Ideal for investors looking for stable cash flow with minimal upkeep.

Listing Agent

Jesus Garcia

Balboa Realty Brokerage Phone: 9564596337 License #TREC # 0794278 Listed on: 07/01/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2016

Home Design

  • Slab Foundation

Interior Spaces

  • Walk-In Closet
  • 6,804 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Tile Flooring

Laundry

  • Dryer
  • Washer

Parking

  • 14 Car Garage
  • No Garage

Schools

  • Villarreal Elementary School
  • Resaca Middle School
  • Los Fresnos High School

Utilities

  • Central Heating
  • Electric Water Heater

Additional Features

  • Handicap Accessible
  • Deck
  • 0.43 Acre Lot

Community Details

  • 6 Units
  • Olmito Original Townsite Groves Subdivision

Property Details

Home Type

Multi-Family

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Flooring: Tile
  • Interior Amenities: Walk-In Closet(s), High Speed Internet
  • Year Built: 2016
  • Property Sub-Type: Multi Family
  • PropertyType: Residential Income
  • ResoLotFeatures: Curb & Gutter
  • Lot Size Acres: 0.43
  • Road Surface Type: Paved
  • Co List Office Phone: 956-459-6337
  • MLS Status: Active
  • Subdivision Name: Olmito Original Townsite Groves
  • Reso Accessibility Features: Handicap Access
  • Unit Levels: One
  • Reso Window Features: Double Pane Windows
  • NAV25_rets_property_type: Residential Income
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Water Heater, Dryer, Refrigerator, Washer

Exterior Features

  • Construction Type: Concrete
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Deck/Balcony/Porch

Garage/Parking

  • Attached Garage: No
  • Attached Garage: Yes
  • Parking Features: 4 or More Car Garage, No Garage, Other
  • Total Parking Spaces: 14

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Connected
  • Heating: Central
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: Villarreal
  • High School: Los Fresnos
  • Junior High Dist: Los Fresnos C.I.S.D.
  • Middle Or Junior School: Resaca

Lot Info

  • Lot Size Sq Ft: 18750
  • ResoLotSizeUnits: Square Feet

Multi Family

  • Number Of Units Total: 6
  • Total Actual Rent: 2000

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

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 For Sale $739,000 -- $109 / Sq Ft
Source: Rio Grande Valley Multiple Listing Service

Source: Rio Grande Valley Multiple Listing Service

MLS Number: 29766414

Rio Grande Valley Multiple Listing Service

Texas Cameron County Olmito 78575

7432 Lakeside Blvd, Olmito, TX

This home is located at 7432 Lakeside Blvd, Olmito, TX 78575 and is currently priced at $739,000, approximately $108 per square foot. This property was built in 2016. 7432 Lakeside Blvd is a home located in Cameron County with nearby schools including Villareal Elementary School, Resaca Middle School, and Los Fresnos United.

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.

Rio Grande Valley Multiple Listing Service IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.

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Listing Agent
Jesus Garcia
Section Image
Balboa Realty
(956) 666-7574