800 S Texas Blvd Weslaco, TX 78596
Estimated payment $10,654/month
Highlights
- No HOA
- Laundry closet
- 1-Story Property
- Window Unit Cooling System
- Central Heating and Cooling System
About This Home
Discover a standout investment opportunity in Weslaco, Texas—a 17-unit apartment complex that generates over $10,000 monthly. This property isn’t just a structure; it represents a robust income-producing asset located in the heart of Weslaco, near key amenities, schools, and more. With a proven rental history that ensures reliable cash flow and low vacancy levels, each well-maintained unit is ready to deliver a seamless, turnkey investment experience. Enjoy the benefits of spacious layouts, ample parking, and professional property management, all contributing to a competitive cap rate and excellent long-term potential. Whether you're an experienced investor or just entering the real estate market, don’t miss the chance to enhance your portfolio with this high-performing asset.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,500
Year Built
- Built in 1969
Lot Details
- 0.99 Acre Lot
- Sprinkler System
Home Design
- Brick Exterior Construction
- Slab Foundation
- Composition Shingle Roof
Interior Spaces
- 13,044 Sq Ft Home
- 1-Story Property
- Laundry closet
Parking
- Garage
- 12 Carport Spaces
- No Garage
- Rear-Facing Garage
Schools
- Memorial Elementary School
- Central Middle School
- Weslaco High School
Utilities
- Window Unit Cooling System
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number H420000002001000
Community Details
Overview
- No Home Owners Association
- 6 Buildings
- 6 Units
- Hollywood Subdivision
Building Details
- Insurance Expense $15,000
- Maintenance Expense $34,539
- Gross Income $132,120
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 |
|---|---|---|---|---|
| 2024 | $12,667 | $500,000 | $155,838 | $344,162 |
| 2023 | $12,637 | $500,000 | $155,838 | $344,162 |
| 2022 | $8,268 | $323,000 | $113,750 | $209,250 |
| 2021 | $6,239 | $240,000 | $84,175 | $155,825 |
| 2020 | $6,403 | $240,000 | $84,175 | $155,825 |
| 2019 | $6,549 | $240,000 | $84,175 | $155,825 |
| 2018 | $6,566 | $240,000 | $84,175 | $155,825 |
| 2017 | $6,415 | $235,360 | $84,175 | $151,185 |
| 2016 | $5,198 | $190,707 | $63,700 | $127,007 |
| 2015 | $3,849 | $190,707 | $63,700 | $127,007 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/03/2025 07/03/25 | For Sale | $1,600,000 | +82.9% | $123 / Sq Ft |
| 12/06/2024 12/06/24 | Sold | -- | -- | -- |
| 09/30/2024 09/30/24 | Pending | -- | -- | -- |
| 09/05/2024 09/05/24 | For Sale | $875,000 | +75.0% | $67 / Sq Ft |
| 08/23/2019 08/23/19 | Sold | -- | -- | -- |
| 06/25/2019 06/25/19 | Pending | -- | -- | -- |
| 04/30/2019 04/30/19 | For Sale | $500,000 | -- | $38 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $495,000 | Capital Title | |
| Deed In Lieu Of Foreclosure | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $495,000 | Construction |
Source: Greater McAllen Association of REALTORS®
MLS Number: 474976
APN: O5100-00-001-0001-00
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 2025 Greater McAllen Association of Realtors. All rights reserved.
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