Calling all savvy investors! Here's a rare opportunity to purchase a fully rented corner-lot fourplex in a prime location, offering enormous potential for value enhancement. Situated in a highly desirable neighborhood, with close proximity to Knapp Medical Center, Amado Cuellar Middle School, Central Middle School, Early College High School and well-known business Hwy 83 E. Each 1 Bedroom, 1 Bath unit features a well-designed floor plan with an open living and kitchen area and ample bedroom. Each bedroom has its own full bathroom with a walk-in shower and closet. Additionally, this property offers storage space for each unit and a detached garage with TLC and lots of potential to be converted in additional living space, an exterior covered patio or as an income producing additional storage.
Sold on 11/07/23
Price Unknown
1601 S Oregon Ave, Weslaco, TX 78596
4beds
4baths
2,500sqft
Quadruplex, Multi Family
Built in 1986
-- sqft lot
$-- Zestimate®
$--/sqft
$1,885 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,885/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 02, 2023 at 09:39pm
Listed by:
Mariana I. Arce 956-566-5114,
Effective Real Estate
Source: Greater McAllen AOR,MLS#: 409325
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air
Appliances
- Included: Electric Water Heater, Refrigerator, Stove/Range
- Laundry: None
Features
- Split Bedrooms, Walk-In Closet(s)
- Flooring: Tile
Interior area
- Total structure area: 2,500
- Total interior livable area: 2,500 sqft
Property
Parking
- Total spaces: 8
- Parking features: Detached, Garage Faces Rear
- Carport spaces: 8
Features
- Exterior features: Mature Trees, Workshop
- Fencing: None
Lot
- Size: 0.25 Acres
- Features: Corner Lot, Mature Trees
Details
- Additional structures: Outbuilding (None), Storage
- Parcel number: K690000003000100
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1986
Utilities & green energy
- Sewer: Public Sewer
Green energy
- Energy efficient items: None
Community & neighborhood
Community
- Community features: None
Location
- Region: Weslaco
- Subdivision: Kingwood Estates
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/7/2023 | Sold | -- |
Source: Greater McAllen AOR #409325 | ||
| 10/16/2023 | Pending sale | $249,000$100/sqft |
Source: Greater McAllen AOR #409325 | ||
| 7/3/2023 | Listed for sale | $249,000$100/sqft |
Source: Greater McAllen AOR #409325 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $221,000 |
| 2024 | $5,599 -19.7% | $221,000 -19.9% |
| 2023 | $6,975 +45.2% | $275,988 +47.1% |
Find assessor info on the county website
Neighborhood: 78596
Nearby schools
GreatSchools rating
- 5/10Dr R E Margo Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 4/10Armando Cuellar Middle SchoolGrades: 6-8Distance: 0.4 mi
- 3/10Weslaco East High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Magee
- Middle: Cuellar
- High: Weslaco East H.S.
- District: Weslaco ISD
Source: Greater McAllen AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.