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Weslaco, Texas

714 Mile 2 1/2 Road

Weslaco, TX 78596

$170,000

Beds
N/A
Baths
N/A
Square feet
2,503
Lot
1.92 acres
Year built
1966
Type
Multi-family
Status
Pending
MLS #
514817

Mortgage estimate

$1,371/ month

20% down, 30 years, 6.5% rate. Includes estimated taxes and insurance.

Adjust the estimate

Estimates only, not a loan offer. Actual taxes, insurance, financing and closing costs vary.

About this home

INVESTMENT & DEVELOPMENT OPPORTUNITY! Nearly 2 acres on a highly visible corner at Business 83 & Mile 2 1/2 W with convenient access to the expressway. Situated on approximately 1.92 acres, this property offers excellent potential for investors, developers, or owner-users. Currently configured as a duplex with a 3-bedroom/2-bath unit and a 2-bedroom/1-bath unit, providing 2,500+ sft. of combined living space plus a 2-car garage. Fully fenced with two electric meters and one water meter. Needs TLC, making this an ideal value-add or redevelopment opportunity. Corner location with potential for future development or commercial use, subject to zoning and applicable approvals. Whether you renovate the existing improvements, explore redevelopment, or hold for future appreciation, opportunities like this are hard to find. Nearly 2 acres, PRIME LOCATION & two legal descriptions: ADAMS TRACT W.77 AC-SE2.30AC-E20.07AC FT 1099 0.63 AC NET ADAMS TRACT E1.53AC-SE2.30AC-E20.07AC FT 1099 1.29 AC NET

Features

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