720 E Sugarcane Drive, Weslaco, TX
$ 680,000
Property Attributes
  • MLS#401175
  • TypeMulti-Family
  • CountyHIDALGO
  • CityWeslaco
  • AreaWeslaco
  • NeighborhoodHeritage Square #2
  • Zip78599
  • StyleMulti Family
  • Year Built1983
  • Taxes$ 9590
  • Price$ 680,000
  • Bedrooms8
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage7680
  • Lot Size0.4821 Acres
Data Source:
Greater McAllen Association of REALTORS® (GMAOR)
Property Description

This multi-family property for sale features 8 units with 2 parking spaces for each unit. The unit is constructed with brick and has been recently remodeled to include 2 bedroom and 1 full bathroom and half for guests. It was originally build in 1983, providing a classic design with modern amenities. New A/C s ,new water heaters and new roof. The property is perfect for investors looking to capitalize on great location and strong rental income potential with multiple units available, investors have the opportunity to diversify their income stream and build equity over time. Don't miss out on the chance to own this fantastic investment property. We have 5 units opened for new leases Contact us today to schedule a viewing!

Elementary School Middle School High School
Dr. Margo Elementary School B.L. Garza Middle School Weslaco H.S.
Price History
4/3/2023 Listed $720,000
5/1/2023 3% - $699,850
5/31/2023 1% - $694,000
9/10/2023 3% - $680,000

General Features

Appliances Electric Water Heater, Other
Association Y/N No
Building Area Units Square Feet
Carport Spaces 16
Carport Y/N Yes
City Weslaco
Community Features Curbs, Street Lights
Construction Materials Brick
Cooling Central Air, Electric
County Hidalgo
Directions From Expressway 83 Exit on Texas Blvd then turn north then take a right on E Sugarcane Rd
Elementary School Dr. Margo
Elementary School District Weslaco ISD
Energy Efficient Thermostat
Garage Y/N No
Gross Income 63090
Heating Central, Electric
High School Weslaco H.S.
High School District Weslaco ISD
Home Warranty Y/N No
Insurance Expense 7950
Interior Features Ceiling Fan(s)
Lot Size Square Feet 20999.8404
Maintenanceexpense 400
Middle/Junior High School B.L. Garza
Middle/Junior School District Weslaco ISD
Other Structures Outbuilding (None)
Patio/Porch Features Deck/Balcony/Porch
Possession Closing and Funding
Property SubType Multi Family
Property Type Residential Income
Roof Composition Shingle
Sewer City Sewer
Standard Status Active
Status Active
Street Name Sugarcane
Subdivision Name Heritage Square #2
Tax Annual Amount 9590
Tax Year 2022
Total Units 8
Utilities Cable Available
Year Built 1983

Interior Features

Air Conditioning Y/N Yes
Flooring Tile
Heating Y/N Yes
Laundry Features Laundry Room, Washer/Dryer Connection
Living Area Units Square Feet
Livingareasource HidalgoCAD
Street Suffix Drive

Exterior Features

Living Area 7680
Building Area Total 7680
Covered Spaces 16
Fencing Non Privacy
Foundation Details Slab
Lot Size Acres 0.4821
Lot Size Area 20999.8404
Lot Size Units Square Feet
Number of Buildings 2
Parking Features Attached
Pool YN No
Road Surface Type Paved
Total Parking 16
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 78599

AVG $490K
AVG $8,217
AVG 27
Year Built
AVG 2011
AVG 28
Data Provided by Walkscore ® not using MLS data