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7601 N Fm 88 Weslaco, TX $ 1,200,000
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7601 N Fm 88
$ 1,200,000
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7601 N Fm 88

Weslaco, TX, 78599
$ 1,200,000
Baths0.0 Sq 12,120

Monthly Estimate*

$ 7,389

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Studio

Multi-Family Home for sale in Weslaco, TX

for $1,200,000. This 12,120 square foot home was built in 2023 on a lot size of 0.9602.

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!

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Multi-Family Active

Price

$ 1,200,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 10,239

Style

Apartment

Lot Size

0.9602

Year Built

2023

Town/City

Weslaco

County/Region

Hidalgo

MLS | Web ID

507346
Features
General
Sewer Septic Tank
Possession Closing and Funding
Property Subtype Apartment
Tax Year 2025
Community Features Clubhouse Gated Sidewalks
County Hidalgo
Property Type Residential Income
HOA false
Subdivision Name Guerra
Status Active
Directions From FM 88 & Mile 12 N. Head North on FM 88 for approx. .2 Mile. Property will be on the left/west side.
High School Weslaco H.S.
City Weslaco
High School District Weslaco ISD
Lot Size Units Square Feet
Lot Size Square Feet 41825.8764
Elementary School Gonzalez
Tax Annual Amount 10239
Home Warranty Y/N false
Middle/Junior High School Beatrize Garza
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 GUERRA APARTMENTS NO.2 LOT 1
Freehold BBO VOW IDX
Living Area 12120
Cooling Central Air
Roof Shingle
Appliances Electric Water Heater Other
Garage Spaces 0
Construction Materials Brick
Year Built 2023
Stories Count 2
Energy Efficient Other
Garage Y/N false
Carport Spaces 0
Carport Y/N false
Year Built Source HCAD
Heating Central
Patio/Porch Features Deck/Balcony/Porch
Insurance Expense 1
Security Features Smoke Detector(s)
Other Structures Outbuilding (None)
Gross Income 129600
MaintenanceExpense 1
Number Of Units Total 8
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Interior
Interior Amenities Ceiling Fan(s) Crown/Cove Molding Other Split Bedrooms Walk-In Closet(s)
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Laundry Closet Washer/Dryer Connection
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Exterior
Water Source Public
Lot Size Area 41825.8764
Lot Size Acres 0.9602
Road Surface Type Paved
Irrigation Water Rights Y/N false
Lot Features Sprinkler System
Fencing Privacy
Exterior Amenities Motorized Gate Sprinkler System
Parking Features No Garage
Total Parking 0
Foundation Details Slab
Building Area Total 12120
Covered Spaces 0
Pool YN false
Number of Separate Water Meters 1
Number of Buildings 2
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* Excluded Features
List By
Exp Realty Llc

Broker

Affordability Calculator

$8,242
Per Month
90%
10%
0%
Monthly Principal & Interest
$7,389
Monthly Property Taxes
$853
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
3057104 Elementary School
3041297 Middle School
Weslaco H.S. High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/16/2026$1,200,000 Listed Price

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7601 N Fm 88, Weslaco, TX, 78599 is a Multi-Family Home for sale at $1,200,000 with 12,120 sqft and a lot size of 0.9602. 7601 N Fm 88 is a studio with 0.0 baths and was built in 2023. The property's zip code is 78599 which is in Weslaco, TX

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