233 West Watts Avenue

Weslaco, TX 78596

$495,000
Price
Beds
4,636 Sq. Ft.
$107 / Sq. Ft.
4,636
Sq. Ft.
$107
per Sq. Ft.

Description

Great Investment Opportunity! This property features five frame homes conveniently situated on a single lot, offering excellent rental income potential. Each home is equipped with its own water and electricity meter, making management straightforward. All leases are currently month-to-month, providing flexibility for new owners. Whether you're a seasoned investor or just starting out, this property is perfect for steady cash flow with room to grow. To make it even better, seller financing is available,...Great Investment Opportunity! This property features five frame homes conveniently situated on a single lot, offering excellent rental income potential. Each home is equipped with its own water and electricity meter, making management straightforward. All leases are currently month-to-month, providing flexibility for new owners. Whether you're a seasoned investor or just starting out, this property is perfect for steady cash flow with room to grow. To make it even better, seller financing is available, opening the door for more opportunities to secure this unique asset. Don’t miss out on this versatile and income-generating investment!
  1. Listed by Adolfo Landa • TREC #801070062 • Paramount Commercial Real Estate Llc

Property Details for 233 West Watts Avenue

Community Features
None
Subdivision Name
Llano Grande
LISTING UPDATED: 11/26/2024 12:48 PM

Property Details for 233 West Watts Avenue

StatusActive
MLS #454044
Days on Market16
Taxes$5,677 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built2000
Lot Size0.40 AC / 17,424 SF
CountyHidalgo County

Building Information for 233 West Watts Avenue

Stories1Residences5Year Built2000Building Size-Lot Size0.40 AC / 17,424 SF

Property Information for 233 West Watts Avenue

Summary
Location and General Information
  • Directions: Take I-2/US-83 east and exit onto FM 1015 S (International Blvd), heading south toward Progreso. Drive about 8 miles on FM 1015, then turn right onto W Watts Ave. Your destination, 233 W Watts Ave, will be on the left.
  • Road Surface Type: Paved
Parking
  • Carport Spaces: 0.0
  • Carport YN: No
  • Covered Spaces: 0.0
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: No Garage
  • Parking Total: 0.0
School Information
  • Elementary School: Progreso
  • Elementary School District: Progreso ISD
  • High School: Progreso H.S.
  • High School District: Progreso ISD
  • Middle Or Junior School: Progreso
  • Middle Or Junior School District: Progreso ISD
Taxes and HOA
  • Association: No
  • Parcel Number: L502500000012802
  • Tax Annual Amount: $5,677
  • Tax Legal Description: LLANO GRANDE W 1/2 100 X 184.6' R/S BK 128-135
  • Tax Year: 2024
Property
Lot Information
  • Building Area Source: HidalgoCAD
  • Building Area Total: 4636.0
  • Building Area Units: Square Feet
  • Living Area: 4636.0
  • Living Area Source: HidalgoCAD
  • Living Area Units: Square Feet
  • Lot Size Acres: 0.4
  • Lot Size Area: 17424.0
  • Lot Size Square Feet: 17424.0
  • Lot Size Units: Square Feet
Property and Assessments
  • New Construction: No
  • Year Built: 2000
  • Year Built Source: HCAD
  • Escrow: $4,000.00
Utilities
  • Irrigation Water Rights: No
  • Number Of Separate Water Meters: 5
  • Water Source: Public
Green Features
  • Green Energy Efficient: None
Mobile Home
Mobile Home Information
  • Home Warranty: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: None
  • Fencing: None
  • Pool: No
  • Number Of Buildings: 5
  • Construction Materials: Frame/Wood
  • Other Structures: Outbuilding (None)
  • Roof: Shingle
Interior Features
  • Appliances: Water Heater (Other Location), Refrigerator, Stove/Range
  • Cooling: Window Unit(s)
  • Cooling YN: Yes
  • Flooring: Vinyl
  • Laundry Features: Laundry Area, Washer/Dryer Connection
  • Foundation Details: Pillar/Post/Pier
Multi Family
Income & Expenses
  • Gross Income: $39,600.00
  • Insurance Expense: $.00
  • Maintenance Expense: $.00
Multi-Family Information
  • Number Of Units In Community: 5
  • Number Of Units Total: 5
  • Other Expense: $.00

Property History for 233 West Watts Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 233 West Watts Avenue

This home is within Progreso Independent School District.
Rating
School
Type
Grades
Distance
Public - 5 to 6
Public - 6 to 8
Public - 9 to 12
Public - PK to 2
Rating
School
Distance
East Elementary School
Public5 to 6

Dorothy Thompson Middle School
Public6 to 8

Progreso High School
Public9 to 12

Progreso El West
PublicPK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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233 West Watts Avenue is a multi-family home for sale in Weslaco, TX 78596. This property was listed for sale on November 26, 2024 by Paramount Commercial Real Estate Llc, it's currently listed at $495,000. This listing's school district is Progreso Independent School District. Nearby schools include East Elementary School, Dorothy Thompson Middle School and Progreso High School. 233 West Watts Avenue is a 0-bed, 0-bath, 4,636 sqft multi-family home built in 2000.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Paramount Commercial Real Estate Llc

Based on information from one of the following Multiple Listing Services: GMAR MLS, South Texas MLS and Amarillo Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by GMAR MLS, South Texas MLS and Amarillo Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.