121 Melon Dr., Los Fresnos, TX 78566
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121 Melon Dr., Los Fresnos, TX 78566
121 Melon Dr., Los Fresnos, TX 78566
121 Melon Dr., Los Fresnos, TX 78566
121 Melon Dr., Los Fresnos, TX 78566
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Coastal Realty

Coastal Realty

+1(956) 541-9000
Listed by GRT Realty
$ 608,500
Est. payment /mo
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121 Melon Dr. Los Fresnos, TX 78566

5,760 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,760 sqft

Price per Sqft $105

Subdivision Garwal Estates

MLS Listing ID 29776128

Year Built 1984

Lot Size 1.378 Acres

Property Sub-Type Multi Family

Property Description

Rare investment opportunity with this package of four duplexes being sold together as an 8-plex in the rapidly growing Los Fresnos market. At $6,295 gross monthly income this fully occupied property offers immediate, stable cash flow, making it an ideal addition to any investor's portfolio. Each duplex is 2 bed/ 1 bath on one side and 3 bed / 1 bath on the other. Each unit is well-positioned to meet strong rental demand, while the overall property presents a compelling value-add opportunity for those looking to increase rents, improve operations, or enhance the asset over time. Situated on a generous tract, the property also includes additional land, opening the door for potential expansion or future development—further maximizing your return on investment. Whether you're a seasoned investor or looking to scale your portfolio, this 8-plex delivers both current income and long-term upside in one of the area's most promising markets. Owner is a licensed real estate agent in Texas.

Location

State TX

County Cameron

Area 5760

Interior

Interior Features None, High Speed Internet

Heating Central

Flooring Tile

Appliance Electric Water Heater, Refrigerator

Exterior

Exterior Feature None

Parking Features 4 or More Car Garage

Garage Spaces 16.0

Fence None

Garage Yes

Building

Lot Description None

Story One

Foundation Slab

Sewer Public Sewer

Water Public

Schools

Elementary Schools Los Fresnos

Middle Schools Los Cuates

High Schools Los Fresnos

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Nearby Locations

Coastal Realty

Coastal Realty

+1(956) 541-9000

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121 Melon Dr.