1306 E 11th Street Weslaco, TX $ 875,000
1306 E 11th Street
$ 875,000
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1306 E 11th Street

Weslaco, TX, 78596
$ 875,000
Baths0.0 Sq 10,920

Monthly Estimate*

$ 5,388

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Studio

Multi-Family Home for sale in Weslaco, TX

for $875,000. This 10,920 square foot home was built in 1996 on a lot size of 0.7025.

12-unit multifamily property located at 1306 E 1st St in Weslaco, TX. All units are 2 bed / 2 bath with average rents of $850/month. The property offers low operating expenses and strong cash flow with value-add potential through rent increases and RUBS implementation for additional income. Conveniently located near Business US-83, schools, and retail, providing strong workforce housing demand in the growing Rio Grande Valley market.

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Multi-Family Active

Price

$ 875,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 19,925

Style

Apartment

Lot Size

0.7025

Year Built

1996

Town/City

Weslaco

County/Region

Hidalgo

MLS | Web ID

503239

Features
General
Sewer City Sewer
Possession Closing and Funding Subject to Tenant Rights
Property Subtype Apartment
Tax Year 2025
Community Features Sidewalks Street Lights
County Hidalgo
Property Type Residential Income
HOA false
Subdivision Name Ro-Ellen #3
Status Active
Directions From McAllen head north on US-77 for about 15 miles toward Weslaco. Once in Weslaco turn right (east) onto 11th Street and continue for 1-2 miles. The property will be located on your right-hand side in the residential area on the east side of town.
High School Weslaco East H.S.
City Weslaco
High School District Weslaco ISD
Lot Size Units Square Feet
Lot Size Square Feet 30600.9
Elementary School Margo
Tax Annual Amount 19925
Home Warranty Y/N false
Middle/Junior High School Cuellar
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Weslaco ISD
Elementary School District Weslaco ISD
Legal Description RO-ELLEN ADDITION UT NO .3 LOT 9 BLK 1
Freehold BBO VOW IDX
Living Area 10920
Cooling Central Air
Roof Shingle
Appliances Water Heater (Other Location) Refrigerator Stove/Range
Garage Spaces 0
Construction Materials Brick
Year Built 1996
Stories Count 1
New Construction false
Energy Efficient Thermostat
Garage Y/N false
Carport Spaces 0
Carport Y/N false
Year Built Source HCAD
Heating Central
Insurance Expense 3139
Security Features Smoke Detector(s)
Other Structures Outbuilding (None)
Gross Income 106626
MaintenanceExpense 915
Number Of Units Total 12
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Interior
Interior Amenities Ceiling Fan(s)
Flooring Tile Vinyl
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Laundry Room Washer/Dryer Connection
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Exterior
Water Source Public
Lot Size Area 30600.9
Lot Size Acres 0.7025
Road Surface Type Paved
Irrigation Water Rights Y/N false
Lot Features Corner Lot
Fencing None
Exterior Amenities None
Parking Features No Carport
Total Parking 0
Foundation Details Slab
Building Area Total 10920
Covered Spaces 0
Pool YN false
Number of Separate Water Meters 1
Number of Buildings 1
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* Excluded Features
List By
Adolfo Landa

Listing Agent

Paramount Commercial Real Estate Llc

Broker

adolfo@paramountcre.net

Email

Affordability Calculator

$7,048
Per Month
76%
24%
0%
Monthly Principal & Interest
$5,388
Monthly Property Taxes
$1,660
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3057114 Elementary School
3056989 Middle School
Weslaco East H.S. High School High School
Pricing History
DatePricePrice ChangeDescription
5/1/2026$875,000 Listed Price

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1306 E 11th Street, Weslaco, TX, 78596 is a Multi-Family Home for sale at $875,000 with 10,920 sqft and a lot size of 0.7025. 1306 E 11th Street is a studio with 0.0 baths and was built in 1996. The property's zip code is 78596 which is in Weslaco, TX