1104 Jesse StWeslaco, TX 78596

Property Details for 1104 Jesse St

Year built

2022

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional 2022-built multifamily property in Weslaco, Texas, presents a compelling investment opportunity. Comprising two buildings on a spacious 22,368 square foot lot, this 8-unit complex boasts a strong rental income stream. The property features a mix of unit sizes: four three-bedroom, two-bathroom units and four two-bedroom, two-bathroom units. Each unit showcases a modern, open-concept design with high ceilings, sleek LED lighting, and spacious kitchens equipped with granite countertops and stainless steel appliances. All units include in-unit laundry with washer and dryer hookups. Residents enjoy private backyards and the convenience of tile flooring throughout. The property's prime location offers easy access to the International Bridge, Walmart, HEB, South Texas College, local parks, and major freeways. Currently 100% occupied, this property generates a substantial gross annual income of $115,800, making it an attractive investment with significant potential for future growth. The asking price is $1,250,000. This turnkey investment is ready for immediate income generation. The address is 1104 W Jesse Street, Weslaco, TX 78596.

Location Insight

City

Weslaco

County

Hidalgo

State

Texas

Latitude

26.1388

Longitude

-97.98

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