2705 Sage DrProgreso Lakes, TX 78596

Property Details for 2705 Sage Dr

Year built

2024

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional multifamily investment opportunity presents a newly constructed four-plex located in the burgeoning Rio Stone subdivision of Weslaco, Texas. The property, situated at 2705 Sage Drive, boasts a generous 10,500 square foot lot and comprises two buildings. Construction is slated for completion around August 31st, 2024. The property features four units, offering a mix of spacious floor plans. Two units offer three bedrooms and two bathrooms, while the remaining two units provide two bedrooms and two bathrooms. Each unit boasts approximately 1,000-1,100 square feet of living space, showcasing modern finishes including quartz countertops and tile flooring throughout. Individual electric and water meters for each unit provide efficient utility management and potential for increased rental income. This property represents a compelling investment opportunity in a rapidly growing area, offering strong potential for rental income and appreciation. The asking price for this turnkey multifamily property is $495,000. Located in Hidalgo County, Texas, with a zip code of 78596, this property is ideally situated for both investors seeking strong returns and those looking for a low-maintenance, high-yield investment. Don't miss this chance to acquire a brand-new, high-quality multifamily property in a desirable location.

Location Insight

City

Progreso Lakes

County

Hidalgo

State

Texas

Latitude

26.1456

Longitude

-98.019

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