REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Access Realty RGV
$ 1,550,000
Est. payment /mo
Active
3512 Vanessa Ln Weslaco, TX 78596
10,800 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 10,800 sqft
Price per Sqft $143
Subdivision The Coves
MLS Listing ID 29776679
Year Built 2024
Lot Size 0.330 Acres
Property Sub-Type Multi Family
Property Description
This exceptional investment opportunity features 8 modern two-story townhome units 3 beds 2.5 baths 1350 sfts inside a gated community in one of Weslaco's fastest-growing areas. Conveniently located just minutes from the Expressway with the upcoming Sam's Club nearby, this property offers strong long-term appreciation potential and high rental demand. Each unit includes a contemporary design, private patio, full appliance package, and dedicated parking. Currently fully rented , this turnkey multifamily asset generates immediate cash flow from day one. A unique advantage of this project is the future flexibility to sell each unit individually, creating an additional exit strategy and built-in equity potential. Individual units are currently valued at approximately $219,000 each, making the full portfolio offering at $1,550,000 an attractive discounted package for investors seeking both income and future appreciation. Ideal for investors looking to acquire a stabilized, income-producing
Location
State TX
County Hidalgo
Area 10800
Interior
Interior Features Walk-In Closet(s)
Heating Central, Electric
Flooring Tile
Appliance Electric Water Heater, Dishwasher, Dryer, Refrigerator, Washer
Exterior
Parking Features 4 or More Car Garage
Garage Spaces 16.0
Fence Privacy
Porch Patio
Garage Yes
Building
Story Two
Foundation Slab
Sewer Public Sewer
Water Public
Schools
Elementary Schools Weslaco
Middle Schools Weslaco
High Schools Weslaco
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional