609 Buena Vista Drive

Weslaco, TX 78596

$1,500,000
Price
Beds
17,340 Sq. Ft.
$87 / Sq. Ft.
17,340
Sq. Ft.
$87
per Sq. Ft.

Description

Welcome to Buena Vista Apartments, a prime investment opportunity nestled in the heart of Weslaco, Texas. Boasting a strategic location just minutes away from the expressway, this meticulously maintained property comprises of two 8plexes and one 4plex, offering a total of 20 units. With an annual gross income exceeding $180,000, Buena Vista Apartments demonstrate strong revenue potential. Furthermore, its low expense ratio and minimal tenant turnovers ensure consistent profitability, making it an...Welcome to Buena Vista Apartments, a prime investment opportunity nestled in the heart of Weslaco, Texas. Boasting a strategic location just minutes away from the expressway, this meticulously maintained property comprises of two 8plexes and one 4plex, offering a total of 20 units. With an annual gross income exceeding $180,000, Buena Vista Apartments demonstrate strong revenue potential. Furthermore, its low expense ratio and minimal tenant turnovers ensure consistent profitability, making it an attractive addition to any investment portfolio. Don't miss out on this lucrative opportunity. Contact us today for more information and take the first step towards securing your investment future with the Buena Vista Apartments.
  1. Listed by Adolfo Landa • TREC #801070062 • Imperio Real Estate Llc

Property Details for 609 Buena Vista Drive

Community Features
Sidewalks
Subdivision Name
Buena Vista

Location

Listing Courtesy of Imperio Real Estate Llc
Add your commute
LISTING UPDATED: 05/17/2024 11:29 AM

Property Details for 609 Buena Vista Drive

StatusActive
MLS #435279
Days on Market49
Taxes$32,379 / year
HOA Fees-
Condo/Co-op Fees$33,624 / year
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built2005
CountyHidalgo County

Location

Listing Courtesy of Imperio Real Estate Llc
Add your commute

Building Information for 609 Buena Vista Drive

Building/Complex609 Buena Vista DrFloor-Stories-Residences20Pet Policy-Year Built2005Building Size-

Payment Calculator

$13,686 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,186

Property Taxes

$2,698

HOA Dues

$2,802

The Payment Calculator is for illustrative purposes only.

Property Information for 609 Buena Vista Drive

Summary
Location and General Information
  • Directions: From Texas Blvd & Expressway, head south on Texas Blvd all the way to 18th St,. Turn left (East) on 18th Street , right on S Oregon then a quick left on Buena Vista Drive, Apartments are all the way down on both sides of the cul- de-sac.
  • 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: Margo
  • Elementary School District: Weslaco ISD
  • High School: Weslaco H.S.
  • High School District: Weslaco ISD
  • Middle Or Junior School: Central
  • Middle Or Junior School District: Weslaco ISD
Taxes and HOA
  • Association: No
  • Parcel Number: B505500000000400/B505500000000500/B505500
  • Tax Annual Amount: $32,379
  • Tax Legal Description: BUENA VISTA LOT 4, BUENA VISTA LOT 5, BUENA VISTA LOT 6
  • Tax Year: 2023
Property
Lot Information
  • Building Area Source: HidalgoCAD
  • Building Area Total: 17340.0
  • Building Area Units: Square Feet
  • Living Area: 17340.0
  • Living Area Source: HidalgoCAD
  • Living Area Units: Square Feet
  • Lot Features: Cul-De-Sac, Mature Trees, Sidewalks
  • Lot Size Acres: 0.8485
  • Lot Size Area: 36959.7888
  • Lot Size Square Feet: 36959.7888
  • Lot Size Units: Square Feet
Property and Assessments
  • Year Built: 2005
  • Year Built Source: HCAD
  • Escrow: $15,000.00
Utilities
  • Irrigation Water Rights: No
  • Number Of Separate Water Meters: 20
  • Water Source: Public
Green Features
  • Green Energy Efficient: Thermostat
Mobile Home
Mobile Home Information
  • Home Warranty: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: Mature Trees
  • Fencing: Wood
  • Pool: No
  • Number Of Buildings: 3
  • Construction Materials: Stucco
  • Other Structures: Outbuilding (None)
  • Roof: Clay Tile
Interior Features
  • Appliances: Water Heater (Other Location), Refrigerator, Stove/Range
  • Cooling: Central Air
  • Cooling YN: Yes
  • Flooring: Carpet, Tile
  • Heating: Central
  • Heating: Yes
  • Interior Features: Dryer, Washer
  • Laundry Features: Laundry Closet
  • Foundation Details: Slab
Multi Family
Income & Expenses
  • Gross Income: $187,967.00
  • Insurance Expense: $13,236.00
  • Maintenance Expense: $33,624.00
Multi-Family Information
  • Number Of Units In Community: 3
  • Number Of Units Total: 20
  • Other Expense: $.00

Property History for 609 Buena Vista Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 609 Buena Vista Drive

Taxable ValueLand$104,136Additions$355,864Total$460,000
Tax Record2022$11,774 ($981 / month)
Home Facts
Total Finished SqFt7,104 SqFtAbove Grade Finished SqFt7,104 SqFtStories1Lot Size14,667 SqFtStyleMulti-Family Res (5+ Units)Year Built2005Year Renovated2016ZoningRMCountyHIDALGOAPNB5055-00-000-0006-00

Schools near 609 Buena Vista Drive

This home is within Weslaco Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Dr R E Margo Elementary School
PublicPK to 5

Armando Cuellar Middle School
Public6 to 8

Weslaco East High School
Public9 to 12

Weslaco Early College High School
Public9 to 12

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.

Similar Homes

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Similar Sold Homes

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609 Buena Vista Drive is a multi-family home for sale in Weslaco, TX 78596. This property was listed for sale on April 28, 2024 by Imperio Real Estate Llc, it's currently listed at $1,500,000. This listing's school district is Weslaco Independent School District. Nearby schools include Dr R E Margo Elementary School, Armando Cuellar Middle School and Weslaco East High School. 609 Buena Vista Drive is a 0-bed, 0-bath, 17,340 sqft multi-family home built in 2005.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Imperio 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.