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3801 E Moreland Dr, Weslaco, TX 78596

Weslaco
Local realty services provided by:CENTURY 21 Johnston Company
3801 E Moreland Dr,Weslaco, TX 78596
$7,500,000
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  • - Beds
  • - Baths
  • 77,325 sq. ft.
  • Multi-family
  • Active
Listed by: marcus phipps
Office: marcus phipps real estate, llc.
MLS#:29779479
Source:TX_RGV

Price summary

  • Price:$7,500,000
  • Price per sq. ft.:$96.99

About this home

78 UNIT WESLACO APARTMENT COMPLEX FOR SALE! With a 98.4% Occupancy Rate in 2025, this complex is a surefire winner! Everything has been kept in excellent condition, which is evidenced by the tenant longevity and the fabulous appearance of the property overall. A mix of unit types and sizes gives tenants options and helps fill vacancies quickly, rarely encountering a 90-day vacancy. The location is great, being super close to the Expressway and to entertainment and dining options. The property is in 4 Phases. Phase 1 has 19 Units including 5 1 Bed/1 Baths and 14 2/2s. Phase 2 has 6 1 Bed/1 Baths, 17 2/2s, and one 1800 sf 3/2 with a 2 car garage. Phases 3 and 4 are all 2/2s. The 1 Bedroom units are 875 sf except for one 775 sf unit. The 2 Bed units are all 1000 sf. Expenses on the property have run high recently, but aggressive measures are being taken to reduce costs and increase rents. Documents and Financials are available to review with an LOI and NDA.

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Home facts

  • Year built:2005
  • Subdivision & Development:RED BIRD NO. 2
  • Listing ID #:29779479
  • Added:1 day(s) ago
  • Updated:September 11, 2026 at 11:59 PM

Rooms and interior

  • Flooring:Tile
  • Kitchen Description:Refrigerator
  • Living area:77,325 sq. ft.

Heating and cooling

  • Cooling:Central, Electric

Structure and exterior

  • Year built:2005
  • Building area:77,325 sq. ft.
  • Lot area:6.55 Acres
  • Lot Features:Sidewalks
  • Construction Materials:Brick
  • Exterior Features:Patio
  • Foundation Description:Slab
  • Levels:1 Story

Schools

  • High school:WESLACO-EAST
  • Middle school:CUELLAR
  • Elementary school:MARGO

Utilities

  • Water:Public

Finances and disclosures

  • Price:$7,500,000
  • Price per sq. ft.:$96.99

Features and amenities

  • Amenities:Smoke Alarm(s)

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