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3,318 sqft

$240,000

220 W 5th Street, Weslaco TX, 78596

Price per sqft$72.33
Built in1948
Property size3,318 sqft
Property typeMulti-family

Overview

Active

Listed Mar 5, 2025

Updated 2 weeks ago

SHORT SALE APPROVED AT 240K!!! 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.

$1,597/mo

Est. mortgage payment based on a $240,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
464221

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.14 Acres

Other Property Details

Taxes
$4,934
Tax Frequency
Annually
Maintenance Expense
$1,020
MLS provider logo

Listed by Rebeca Bermudez with TNT Real Estate
Listing Contact: 956-322-3020 

The IDX display contains information sourced from the Greater McAllen Association of REALTORS® as of 10/1/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 the Greater McAllen Association of REALTORS® all rights reserved.

Data last updated on 10/1/2026 at 5:09 AM UTC

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