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3801 E Moreland Road, Weslaco, TX 78596

Weslaco
Local realty services provided by:CENTURY 21 Johnston Company
3801 E Moreland Road,Weslaco, TX 78596
$7,500,000
  • - Beds
  • - Baths
  • 77,325 sq. ft.
  • Multi-family
  • Active
Listed by: marcus phipps
Office: marcus phipps real estate llc
MLS#:515451
Source:TX_GMAR

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. Owner Finance is NOT available.

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Home facts

  • Year built:2005
  • Listing ID #:515451
  • Added:36 day(s) ago
  • Updated:October 30, 2026 at 05:12 PM

Rooms and interior

  • Flooring:Tile
  • Kitchen Description:Electric Water Heater, Refrigerator, Stove/Range
  • Living area:77,325 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Central Air, Electric
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Composition Shingle
  • Year built:2005
  • Building area:77,325 sq. ft.
  • Lot Features:Curb & Gutters, Mature Trees, Sprinkler System
  • Construction Materials:Brick
  • Exterior Features:Covered Patio, Curb & Gutters, Decorative Metal, Mature Trees, Patio Slab, Sprinkler System
  • Foundation Description:Slab

Schools

  • High school:Weslaco East H.S.
  • Middle school:Cuellar
  • Elementary school:Margo

Utilities

  • Water:Electric Water Heater, Public Water
  • Sewer:City Sewer

Finances and disclosures

  • Price:$7,500,000
  • Price per sq. ft.:$96.99
  • Tax amount:$110,000

Features and amenities

  • Appliances:Refrigerator, Stove/Range
  • Laundry features:Laundry Room, Washer/Dryer Connection, Water Heater (Laundry Room)
  • Amenities:Curbs, Decorative/High Ceilings, Sidewalks, Sprinkler System, Street Lights

Parking

  • Garage:Yes
  • Garage spaces:2

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