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

$340,000

623 E WASHINGTON ST., WESLACO, TX, 78596

$442,000 ARVInfo
On MarketInfo
Just AddedInfo
CommercialInfo
Beds Beds
Baths4 Bath
Baths3,416 Sq Ft
Multi FamilyMulti Family
price_per_sqft$99.53 / sqft
Year BuiltBuilt in 2000

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms Full 4Bathrooms Full 4
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater
FlooringTile

Exterior

Lot Size11,552 sqft

Building Information

Year Built2000
Stories1
Roof Type105

Land Information

APNH2150-02-001-0011-00
Lot Number11
SubdivisionHeritage Square Ut No. 2 - Swl
Land UseResidential
Legal DescriptionHERITAGE SQUARE UT NO. 2 LOT 11 BLK 1 EXC W 10'
Census Tract022502
Assessed Land Value$82,005
Assessed Improvement Value$136,300
Assessment Year2025

About this property

WESLACO 4-PLEX FOR SALE!! This 4 unit complex is in excellent condition and has a strong occupancy history. Located North of the Expressway off of Bridge Rd, it's in a great location with quick access to where your tenants need to be. Each unit has 2 Bedrooms and 1 Bath, a Kitchen, Dining Area, and Living Room. The property has been very well maintained over the years and has only had one owner. The roof was replaced in 2023, and the privacy fence was built in 2024. The rents have been kept low to maintain occupancy and to keep good tenants, so there is quite a bit of room for an increased bottom line. With little to no maintenance needed, this property will start to earn you income immediately. Schedule your showing today!

Investor Tools

$69,202Estimated Mortgage Balance
$404,798Estimated Equity
85% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$442,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,844 /month
Positive
Cash Flow Estimate:
$948 /month

Interested in this property?

MARCUS PHIPPS

MARCUS PHIPPS REAL ESTATE, LLC

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$632/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,217
$218,305
2025
$82,005
$136,300
$218,305
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,217
$218,305

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas State Bank
Unknown
$134,300
No
First
Oct 12, 2007
Oct 2012

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$69,202
$404,798
85%
15%
$806/mo

City: WESLACO

623 E WASHINGTON ST. | Property Details | No Agent List