J
Seller's Agent in 2026
Jesus Garcia
Balboa Realty
(956) 832-8707
19 Total Sales
Last list price
7432 Lakeside Blvd Olmito, TX 78575
--
Bed
--
Bath
6,804
Sq Ft
18,731
Sq Ft Lot
Highlights
- Deck
- Double Pane Windows
- Handicap Accessible
- Los Fresnos High School Rated A-
- Walk-In Closet
- Tile Flooring
About This Home
As of January 2026Turnkey 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.
Last Agent to Sell the Property
Balboa Realty Brokerage Phone: 9564596337 License #TREC # 0794278 Listed on: 07/01/2025
Last Buyer's Agent
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
- 18,750 Sq Ft Lot
Community Details
- 6 Units
- Olmito Original Townsite Groves Subdivision
Listing and Financial Details
- Total Actual Rent $2,000
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Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/29/2026 01/29/26 | Sold | -- | -- | -- |
| 11/16/2025 11/16/25 | Off Market | -- | -- | -- |
| 11/04/2025 11/04/25 | Pending | -- | -- | -- |
| 07/01/2025 07/01/25 | For Sale | $739,000 | -- | $109 / Sq Ft |
Source: Rio Grande Valley Multiple Listing Service
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 | $7,916 | $545,414 | $96,563 | $448,851 |
| 2024 | $7,916 | $487,848 | -- | -- |
| 2023 | $6,626 | $406,540 | $65,625 | $340,915 |
| 2022 | $7,180 | $379,977 | $35,625 | $344,352 |
| 2021 | $5,021 | $252,993 | $35,625 | $217,368 |
| 2020 | $5,096 | $255,147 | $35,625 | $219,522 |
| 2019 | $5,086 | $257,297 | $35,625 | $221,672 |
| 2018 | $5,121 | $259,445 | $35,625 | $223,820 |
| 2017 | $5,107 | $259,445 | $35,625 | $223,820 |
| 2016 | $711 | $36,129 | $35,625 | $504 |
| 2015 | $713 | $36,129 | $35,625 | $504 |
Source: Public Records
Agents Affiliated with this Home
-
Jesus Garcia
Map
Source: Rio Grande Valley Multiple Listing Service
MLS Number: 29766414
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