0 Mile 11

Share this listing

Pre-formatted captions, a short link, and a QR code — ready to paste.

Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…

0 Mile 11

Weslaco, TX 78599
Asking Price
$350K
Asset Type
Multifamily
Class
Class B

What's Special

0 Mile 11 is situated in Weslaco, Texas, positioned north of the city’s central business district within Hidalgo County. The immediate area features a blend of rural landscapes and emerging residential developments, offering a quiet suburban character. Residents have access to local amenities along the Interstate 2 corridor, including major retailers like H-E-B and Walmart, as well as the Knapp Medical Center. The property is located near Mile 11 North Road and FM 1015, providing direct transportation links to neighboring cities such as Mercedes and Harlingen. This location is suitable for a multifamily development catering to the region’s growing workforce and families seeking affordability outside of the dense urban hubs. The typical tenant profile includes professionals employed in the healthcare, education, and retail sectors of the Mid-Valley region. Given the proximity to local schools and regional employment centers, the site is well-positioned for traditional apartment complexes or townhome community layouts. Access to regional transit routes makes it a viable option for commuters who prioritize a residential setting with reliable connectivity to the Rio Grande Valley’s primary economic corridors.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.

NOI
$80,000
Cap Rate
22.86%
DSCR
3.85
Strong
Cash-on-Cash
56.40%
Monthly Payment
$1,731.609
Annual Cash Flow
$59,220.692

Location & Travel Times