121 Melon Dr., Los Fresnos, TX 78566
Local realty services provided by:CENTURY 21 Johnston Company
Listed by: cesar cepeda
Office: grt realty
MLS#:29776128
Source:TX_RGV
Price summary
- Price:$609,500
- Price per sq. ft.:$105.82
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
- Listing ID #:29776128
- Added:17 day(s) ago
- Updated:May 21, 2026 at 02:32 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:$609,500
- Price per sq. ft.:$105.82
Features and amenities
- Amenities:Internet Access
Parking
- Parking description:4+ Car
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