About 7601 N Fm 88
Outstanding investment opportunity featuring an 8-unit apartment complex built in 2023 and designed for long-term rental success. This fully fenced and gated property consists of eight spacious units, each offering 3 bedrooms, 2 bathrooms, and over 1,500 square feet of living space. Quality finishes throughout include porcelain tile flooring, granite countertops, plantation shutters, and private balconies, creating strong tenant appeal and helping support occupancy. Residents also enjoy a shared outdoor area featuring a Rainbow play set. Ideally located just off FM 88 between Elsa and Weslaco, the property offers convenient access to major employers, schools, shopping, dining, Walmart, Dollar Tree, CVS, and more. With excellent rental income, low vacancy history, newer construction, and minimal maintenance concerns, this turnkey multifamily asset presents an exceptional opportunity for investors seeking stable cash flow and long-term appreciation. Call today for more info!
Features of 7601 N Fm 88
| MLS® # | 507346 |
|---|---|
| Price | $1,200,000 |
| Square Footage | 12,120 |
| Acres | 0.96 |
| Year Built | 2023 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Active |
Community Information
| Address | 7601 N Fm 88 |
|---|---|
| Subdivision | Guerra |
| City | Weslaco |
| County | Hidalgo |
| State | TX |
| Zip Code | 78599 |
Amenities
| Parking | No Garage |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
| Laundry Features | Laundry Closet, Washer/Dryer Connection |
| Community Amenities | Clubhouse, Gated, Sidewalks |
Interior
| Interior Features | Ceiling Fan(s), Crown/Cove Molding, Other, Split Bedrooms, Walk-In Closet(s) |
|---|---|
| Appliances | Electric Water Heater, Other |
| Heating | Central |
| Cooling | Central Air |
| Total # of Units | 8 |
| # of Buildings | 2 |
Exterior
| Exterior Features | Motorized Gate, Sprinkler System |
|---|---|
| Lot Description | Sprinkler System |
| Roof | Shingle |
| Construction | Brick |
| Foundation | Slab |
School Information
| District | Weslaco ISD |
|---|---|
| Elementary | Gonzalez |
| Middle | Beatrize Garza |
| High | Weslaco H.S. |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| Property Insurance | $1 |
| Gross Income | $129,600 |
| HOA Association | No |
Listing Details
| Agent | Ronaldo (ronnie) Esparza |
|---|---|
| Office | eXp Realty LLC |
| Contact Info | 956-777-8859 |