Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$245,000

220 W 5th St, Weslaco, TX, 78596

On MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths3,318 Sq Ft
price_per_sqft$73.84 / sqft
Year BuiltBuilt in 1948

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Cooktop, Electric Water Heater, Tankless Water Heater, Refrigerator
FlooringTile

Exterior

Lot Size6,251 sqft

Building Information

Year Built1948
Stories2
Roof Type105

Land Information

APNW2300-00-035-0013-00
Lot Number13
SubdivisionWeslaco Original Townsite - Swl
Land UseCommercial
Legal DescriptionWESLACO ORIGINAL TOWNSITE BLK 35 LT 13
Census Tract022301
Assessed Land Value$49,375
Assessed Improvement Value$145,380
Assessment Year2025

About this property

Great Deal! 6-unit income-producing property in the heart of Weslaco offered at a compelling price point. The property features six separate electric meters and one water meter, with current income in place and consistent occupancy. The asset consists of three buildings with a mix of unit types, offering flexibility for rental strategies. Units have undergone ongoing maintenance and updates, providing functionality for today’s renters along with additional upside potential through continued improvements. Centrally located in a downtown area, the property offers convenient access to schools, shopping, and major roadways, making it attractive for tenants. Pricing reflects the short sale process and presents an opportunity for investors seeking long-term potential. Showings are by appointment only due to occupancy.

Investor Tools

$435,979Estimated Mortgage Balance
$194,755Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month

Interested in this property?

Rebeca Bermudez

TNT Real Estate

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$462/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,568
$194,755
2025
$49,375
$145,380
$194,755
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,568
$194,755

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usam Fund 3 Llc
Purchase Money Mortgage
$248,000
No
First
Jun 4, 2021
Dec 2021

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$435,979
N/A
0%
224%
$2,851/mo

City: Weslaco

220 W 5th St | Property Details | No Agent List