








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 802 S Illinois Ave, Weslaco, TX, 78596 uses $46,377 cash to close to unlock $4,451/yr annual cash flow and $371/mo monthly cash flow. Total monthly income runs $1,366/mo, and a $685/mo payment keeps the spread at $371/mo. Purchase price stands at $139,900, and rental yield measures 11.72% with $1,366/mo rent. Return on cash invested shows 29.51% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 155.54% and total cumulative return in cash records $72,135. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,366/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1980
6,791 sqft 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 |
|---|---|---|
| 2025-01-18 | Price change | $139,900 |
| 2024-12-18 | Price change | $140,000 |
| 2024-09-30 | Listed for sale | $145,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $62,693 | 9.34% |
| 2023-02-13 | $663.29 | 7.29% | $57,337 | 12.87% |
| 2022-02-13 | $618.25 | -12.47% | $50,799 | 9.54% |



Listed by: Mike Garcia Jr • Exp Realty Llc
Mls Name: Greater McAllen AOR
Mls ID: #450404
Disclaimer: Listing information is deemed reliable, but not guaranteed.