611 Cameron St

Progreso, TX 78579

$1,100,000
Price
Beds
Baths
7,168 Sq. Ft.
$153 / Sq. Ft.
7,168
Sq. Ft.
$153
per Sq. Ft.

Description

Great Investment Opportunity! This 8-plex property offers multiple rental units in a great location, providing steady cash flow potential. Each unit features spacious living areas, three parking spots per unit, new construction. Additionally, the property includes an extra property next to it, which is now leased for a pre owned car lot, offering additional cash flow. This versatile space is perfect for tenants needing extra parking for added convenience of possibly turning into a different cash...Great Investment Opportunity! This 8-plex property offers multiple rental units in a great location, providing steady cash flow potential. Each unit features spacious living areas, three parking spots per unit, new construction. Additionally, the property includes an extra property next to it, which is now leased for a pre owned car lot, offering additional cash flow. This versatile space is perfect for tenants needing extra parking for added convenience of possibly turning into a different cash flow opportunity, such as a plaza. This property is a must see.

Property Details for 611 Cameron Street

Community Features
Curbs, Sidewalks, Street Lights
Subdivision Name
Tejas #5
LISTING UPDATED: 03/02/2025 08:05 PM

Property Details for 611 Cameron Street

StatusActive
MLS #463705
Days on Market107
Taxes$9,493 / year
HOA Fees-
Condo/Co-op Fees$300 / year
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built2023
CountyHidalgo County

Location

Listing Courtesy of Candela Realty Llc
Add your commute

Building Information for 611 Cameron Street

Building/Complex611 Cameron StFloor-Stories1Residences8Pet Policy-Pet Policy Details-Year Built2023Building Size-

Payment Calculator

$6,579 per month

30 year fixed, 6.845% Interest

Principal and Interest

$5,763

Property Taxes

$791

HOA Dues

$25

The Payment Calculator is for illustrative purposes only.

Property Information for 611 Cameron Street

Summary
Location and General Information
  • Directions: From McAllen area, head east towards Weslaco, exit south on International blvd, head south a few miles, turn right on johnny vela st, then left on Hidalgo st, then left on Star st. Property will be on the cul-de-sac. Property is right before military hwy 281.
  • 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 Carport, 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: T123205000003900
  • Tax Annual Amount: $9,493
  • Tax Legal Description: TEJAS NO. 5 PH 3 LOT 39
  • Tax Year: 2024
Property
Lot Information
  • Building Area Source: HidalgoCAD
  • Building Area Total: 7168.0
  • Building Area Units: Square Feet
  • Living Area: 7168.0
  • Living Area Source: HidalgoCAD
  • Living Area Units: Square Feet
  • Lot Features: Cul-De-Sac
  • Lot Size Acres: 1.0793
  • Lot Size Area: 1.0793
  • Lot Size Square Feet: 47013.8724
  • Lot Size Units: Acres
Property and Assessments
  • Year Built: 2023
  • Year Built Source: HCAD
  • Escrow: $10,000.00
Utilities
  • Irrigation Water Rights: No
  • Number Of Separate Water Meters: 8
  • Utilities: Water Available
Green Features
  • Green Energy Efficient: Thermostat
Mobile Home
Mobile Home Information
  • Home Warranty: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: Gutters/Spouting
  • Fencing: Chain Link
  • Pool: No
  • Number Of Buildings: 1
  • Construction Materials: Brick
  • Other Structures: Outbuilding (None)
  • Roof: Shingle
Interior Features
  • Appliances: Electric Water Heater, Microwave, Stove/Range
  • Cooling: Central Air
  • Cooling YN: Yes
  • Flooring: Tile
  • Heating: Central
  • Heating: Yes
  • Interior Features: Ceiling Fan(s), Decorative/High Ceilings, Microwave, Walk-In Closet(s)
  • Laundry Features: Laundry Area
  • Foundation Details: Slab
Multi Family
Income & Expenses
  • Gross Income: $96,000.00
  • Insurance Expense: $3,000.00
  • Maintenance Expense: $300.00
Multi-Family Information
  • Number Of Units In Community: 2
  • Number Of Units Total: 8
  • Other Expense: $.00

Property History for 611 Cameron Street

DateEvent & SourcePriceAppreciation
Mar 2, 2025

Listed (Active)

Greater McAllen Association of REALTORS #463705

$1,100,000
DateEvent & SourcePrice
03/02/2025

Listed (Active)

Greater McAllen Association of REALTORS #463705

$1,100,000

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

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611 Cameron Street is a multi-family home for sale in Progreso, TX 78579. This property was listed for sale on March 3, 2025 by Candela Realty Llc, it's currently listed at $1,100,000. 611 Cameron Street is a 0-bed, 0-bath, 7,168 sqft multi-family home built in 2023.

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 Candela Realty 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.