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121 Melon Dr., Los Fresnos, TX 78566

Los Fresnos
Local realty services provided by:CENTURY 21 Johnston Company
121 Melon Dr.,Los Fresnos, TX 78566
$599,400
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  • - Beds
  • - Baths
  • 5,760 sq. ft.
  • Multi-family
  • Active
Listed by: cesar cepeda
Office: grt realty
MLS#:29776128
Source:TX_RGV

Price summary

  • Price:$599,400
  • Price per sq. ft.:$104.06

About this home

Rare investment opportunity with this package of four duplexes being sold together as an 8-plex in the rapidly growing Los Fresnos market. At $6,295 gross monthly income this fully occupied property offers immediate, stable cash flow, making it an ideal addition to any investor's portfolio. Each duplex is 2 bed/ 1 bath on one side and 3 bed / 1 bath on the other. Each unit is well-positioned to meet strong rental demand, while the overall property presents a compelling value-add opportunity for those looking to increase rents, improve operations, or enhance the asset over time. Situated on a generous tract, the property also includes additional land, opening the door for potential expansion or future development—further maximizing your return on investment. Whether you're a seasoned investor or looking to scale your portfolio, this 8-plex delivers both current income and long-term upside in one of the area's most promising markets. Owner is a licensed real estate agent in Texas.

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Home facts

  • Year built:1984
  • Subdivision & Development:GARWAL ESTATES
  • Listing ID #:29776128
  • Added:149 day(s) ago
  • Updated:September 30, 2026 at 03:21 PM

Rooms and interior

  • Flooring:Tile
  • Kitchen Description:Refrigerator
  • Living area:5,760 sq. ft.

Heating and cooling

  • Cooling:Central

Structure and exterior

  • Year built:1984
  • Building area:5,760 sq. ft.
  • Lot area:1.38 Acres
  • Construction Materials:Block
  • Foundation Description:Slab
  • Levels:1 Story

Schools

  • High school:LOS FRESNOS
  • Middle school:LOS CUATES
  • Elementary school:LOS FRESNOS

Utilities

  • Water:Public

Finances and disclosures

  • Price:$599,400
  • Price per sq. ft.:$104.06

Features and amenities

  • Amenities:Internet Access

Parking

  • Parking description:4+ Car

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