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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Weslaco at 623 Armadillo Run, Weslaco, TX, 78596 offers a 7.29% rental yield on a $575,000 purchase with $3,491/mo rent. 01% in year one. Equity gained on principal adds $3,710/yr while 5% annual appreciation supports $158,862 over five years. Portfolio math shows five-year ROI at 83.26% and total cumulative return in cash at $157,499. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,491/mo property income against a $2,814/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
2.00 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78596, Weslaco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,934 (100%) |
| Owner Occupied HU | 9,484 (56.0%) |
| Renter Occupied HU | 4,091 (24.2%) |
| Vacant Housing Units | 3,359 (19.8%) |
| Median Home Value | $137,699 |
| Average Home Value | $177,708 |
Residential
15,945
Single Family
13,864
Multi-Family
2,081
Businesses
1,272
Date | Event | Price |
|---|---|---|
| 2025-05-02 | Listed for sale | $575,000 |
| 2023-04-12 | Sold | N/A |
| 2023-02-01 | Pending sale | $535,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-02 | $10027.89 | 0.16% | $435,395 | 4.91% |
| 2023-05-02 | $10011.63 | 13.29% | $415,000 | 37.61% |
| 2022-05-02 | $8836.87 | 37.70% | $301,579 | 35.28% |
No similar rental properties found nearby.
Listed by: Glenda Pecina • Zapphire Real Estate Group
Mls Name: Greater McAllen AOR
Mls ID: #469992
Disclaimer: Listing information is deemed reliable, but not guaranteed.
