196 FARRELL ROAD, WESLACO, TX 78596
Homes for sale in Weslaco.
Homes for sale in 78596.
List Price$499,000
196 Farrell Road
Weslaco, TX 78596
Listing #504526
1,110
Square Feet
4
Number of Units
Multi-Unit Residential
Type
About This Property
Excellent opportunity to own an income-producing fourplex featuring 4 spacious condo-style units in the growing Rio Meadows community in Weslaco, TX! Each unit offers 3 bedrooms, 2 bathrooms, bright open-concept layouts, generous living spaces, abundant natural light, and private back patios designed for comfortable everyday living. Units include a basic appliance package with refrigerator, stove, microwave, washer, and dryer for added convenience. Located inside a gated community just 1 block from BUS 83 and only 3 blocks from Expressway 83, providing quick access to HEB, Walgreens, Dollar General, Whataburger, Weslaco High School, and major Valley destinations. Perfect opportunity for investors seeking strong rental potential or buyers looking to live in one unit while generating income from the others. Limited availability during Grand Opening at Rio Meadows--reserve yours before completion! Site condo docs available! Sell individual units at $150k and make more income!
Property Features
Location Information
County
Hidalgo
Directions
From the expressway take exit 155B Midway Rd continue for a mile then turn left onto Briggs Rd property will be at the back on Farrel. or follow google maps link https://maps.app.goo.gl/W5N94Waz4f97uay76
Subdivision
Rio Meadows
Interior Features
Interior
Walk-In Closet(s)
Laundry
Laundry Closet, Washer/Dryer Connection
Heating
Central, Electric
Appliances
Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range, Washer
Cooling
Central Air, Electric
Total Number of Units
4
Floors
Tile
Features
Sidewalks, Street Lights
Exterior Features
Construction
Stucco
Parking Spaces
8
Exterior
Other, Sprinkler System
Fencing
Wood
Foundation
Slab
Lot Description
Corner Lot, Professional Landscaping, Sidewalks
Roof
Composition Shingle
Lot Size in Acres
0.235
Possession
Closing and Funding
Lot Size in Sq. Ft.
10,241
Septic or Sewer
City Sewer
Buildings
Outbuilding (None)
Parking Description
Detached
Energy Features
Other
Garage Spaces
0
Road Description
Paved
School
Elementary School District
Weslaco ISD
Middle School
Central
Elementary School
Sam Houston
High School
Weslaco H.S.
Additional Information
Property Type
RI
HOA Fee
$750
Property SubType
Quadruplex
HOA Frequency
Annually
Year Built
2025
Taxes
1862
APN
R311000000002200
Tax Year
2025
Status
Active
Square Feet Source
Blue Prints
Units in Complex
4
Similar Listings
Mortgage Calculator
$2,329
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,798
Monthly Tax
$415
Monthly Insurance
$116
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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