Seller's Agent in 2025
Madilyn Garza
Element Realty, Llc
(956) 221-0546
82 Total Sales
Last list price
800 S Texas Blvd Weslaco, TX 78596
--
Bed
--
Bath
13,044
Sq Ft
0.99
Acres
Highlights
- No HOA
- Laundry closet
- Ceiling Fan
- Window Unit Cooling System
- Central Heating and Cooling System
- 1-Story Property
About This Home
As of December 2024Welcome to a prime investment opportunity in Weslaco, Texas! This 17-unit apartment complex is more than just a property; it's a lucrative investment generating over $10,000 monthly. Enjoy a steady cash flow with a strategic location in the heart of Weslaco, offering convenient access to amenities, schools, and more. The property boasts a proven track record with a solid rental history, ensuring a reliable stream of income and low vacancy rates. Each unit is well-maintained, providing a turnkey investment opportunity. Features include spacious and well-designed units, ample parking and professional property management. This property offers excellent long-term investment potential with the current monthly income exceeding $10,000 & competitive cap rate. Don't miss out on this exceptional opportunity! Whether you're a seasoned investor or new to real estate, seize the chance to add a high-performing asset to your portfolio. Contact us today for more information or to schedule a viewing.
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
- Ceiling Fan
- 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 $4,800
- Gross Income $135,660
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 5, 2024
Closed on
Dec 5, 2024
Sold by
Cjl Real Estate Llc
Bought by
Jp Real Estate Holdings Llc
Seller's Agent
Allen Lozano
Big Realty
Buyer's Agent
Madilyn Garza
Element Realty, Llc
List Price
$875,000
Sold Price
$800,000
Premium/Discount to List
-$75,000
-8.57%
Views
12
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-25.15%
Original Mortgage
$495,000
Outstanding Balance
$125,775
Interest Rate
6.54%
Mortgage Type
Construction
Estimated Equity
$550,520
Purchase Details
Closed on
Apr 3, 2017
Sold by
Garza Jesus and Garza Patricia Ann
Bought by
Winston Randall C and Heggen Lloyd M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $495,000 | Capital Title | |
| Deed In Lieu Of Foreclosure | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $495,000 | Construction |
Source: Public Records
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 |
Source: Greater McAllen Association of REALTORS®
Tax History Compared to Growth
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 |
Source: Public Records
Agents Affiliated with this Home
-
Madilyn Garza
-
Allen Lozano
Seller's Agent in 2024
Allen Lozano
Big Realty
(956) 246-2563
254 Total Sales
-
Carl Leatherman
Seller's Agent in 2019
Carl Leatherman
KELLER WILLIAMS LRGV
(956) 357-6276
51 Total Sales
-
Zach Sunderland
Z
Buyer's Agent in 2019
Zach Sunderland
CHRE Cindy Hopkins Real Estate
(956) 975-7481
7 Total Sales
Map
Source: Greater McAllen Association of REALTORS®
MLS Number: 448688
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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