3801 E Moreland Road Weslaco, TX $ 7,500,000
3801 E Moreland Road
$ 7,500,000
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3801 E Moreland Road

Weslaco, TX, 78596
$ 7,500,000
Bedrooms-- Baths0.0 Sq 77,325

Monthly Estimate*

$ 47,356

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Multi-Family Home for sale in Weslaco, TX

for $7,500,000. This 77,325 square foot home was built in 2005 on a lot size of 6.5471.

78 UNIT WESLACO APARTMENT COMPLEX FOR SALE! With a 98.4% Occupancy Rate in 2025, this complex is a surefire winner! Everything has been kept in excellent condition, which is evidenced by the tenant longevity and the fabulous appearance of the property overall. A mix of unit types and sizes gives tenants options and helps fill vacancies quickly, rarely encountering a 90-day vacancy. The location is great, being super close to the Expressway and to entertainment and dining options. The property is in 4 Phases. Phase 1 has 19 Units including 5 1 Bed/1 Baths and 14 2/2s. Phase 2 has 6 1 Bed/1 Baths, 17 2/2s, and one 1800 sf 3/2 with a 2 car garage. Phases 3 and 4 are all 2/2s. The 1 Bedroom units are 875 sf except for one 775 sf unit. The 2 Bed units are all 1000 sf. Expenses on the property have run high recently, but aggressive measures are being taken to reduce costs and increase rents. Documents and Financials are available to review with an LOI and NDA. Owner Finance is NOT available.

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Multi-Family Active

Price

$ 7,500,000

Property Type

Multi-Family

Taxes

$ 110,000

Style

Apartment

Lot Size

6.5471

Year Built

2005

Town/City

Weslaco

County/Region

Hidalgo

MLS | Web ID

515451

Features
General
Sewer City Sewer
Possession Closing and Funding
Property Subtype Apartment
Tax Year 2026
Community Features Curbs Sidewalks Street Lights
County Hidalgo
Property Type Residential Income
HOA false
Subdivision Name Red Bird #2
Status Active
Directions At the corner of I-2 and Plaza Los Encinos (The Tipsy Monkey Bar) turn Right onto Plaza Los Encinos. Turn Left onto Moreland and the apartments will be on your left.
High School Weslaco East H.S.
City Weslaco
High School District Weslaco ISD
Lot Size Units Acres
Lot Size Square Feet 285192.1116
Elementary School Margo
Tax Annual Amount 110000
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 Redbird Subdivision # 2 REPLAT Lots 1-4 and Redbird Subdivision #3 Lot 1
Freehold BBO VOW IDX
Living Area 77325
Cooling Central Air Electric
Roof Composition Shingle
Appliances Electric Water Heater Water Heater (Laundry Room) Refrigerator Stove/Range
Garage Spaces 2
Construction Materials Brick
Year Built 2005
Stories Count 1
New Construction false
Energy Efficient Other
Garage Y/N true
Carport Spaces 0
Carport Y/N false
Year Built Source HCAD
Heating Central Electric
Patio/Porch Features Covered Patio Patio Patio Slab
Insurance Expense 93225
Security Features Smoke Detector(s)
Other Structures Outbuilding (Other)
Gross Income 682980
MaintenanceExpense 41270
Number Of Units Total 78
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Interior
Interior Amenities Ceiling Fan(s) Decorative/High Ceilings
Flooring Tile
Air Conditioning Y/N true
Window Features Energy Features (Double Pane Windows)
Heating Y/N true
Laundry Features Laundry Room Washer/Dryer Connection
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Exterior
Water Source Public
Lot Size Area 6.5471
Lot Size Acres 6.5471
Road Surface Type Paved
Irrigation Water Rights Y/N false
Lot Features Curb & Gutters Mature Trees Sprinkler System
Fencing Decorative Metal Masonry Non Privacy Other Privacy Wood
Exterior Amenities Sprinkler System
Parking Features No Carport No Garage
Total Parking 2
Foundation Details Slab
Building Area Total 77325
Lot Dimensions 0x0
Covered Spaces 2
Pool YN false
Number of Separate Water Meters 7
Number of Buildings 18
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* Excluded Features
List By
Marcus Phipps Real Estate Llc

Broker

Affordability Calculator

$56,522
Per Month
84%
16%
0%
Monthly Principal & Interest
$47,356
Monthly Property Taxes
$9,167
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
9/24/2026$7,500,000 Listed Price

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3801 E Moreland Road, Weslaco, TX, 78596 is a Multi-Family Home for sale at $7,500,000 with 77,325 sqft and a lot size of 6.5471. 3801 E Moreland Road has 0.0 baths and was built in 2005. The property's zip code is 78596 which is in Weslaco, TX