$600,000

720 E Sugarcane Dr Weslaco, TX 78599

$7,125
Closing credit¹
7,680 sqft
0.5 acres
$78 / sqft
Multi-Family

Property details

About 720 E Sugarcane Dr

Turn key investment opportunity up for Grabs.. This apartment complex currently fully occupied offers an excellent opportunity to generate rental income at a great location of mid valley city of Weslaco. This complex is low maintenance highly profitable business that not only makes sense but can be incorporated into your new portfolio without the blink of an eye. The apartments are professionally managed by third party for transparency and inquiries. These units are 2 bedrooms, 1.5 bath each with 2 carports currently rented in the $850 range each.

Highlights

Home typeMulti Family
HeatingCentral, Electric
StatusActive
CoolingCeiling Fan(s), Central Air, Electric
Size7,680 sqft
Lot size0.4821 Acres
Year built1983
ParkingAttached
MLS #469104

Summary

  • MLS Number: 469104
  • MLS Name: McAllenTX
  • Office Name: NextHome RGV Realty
  • Office Phone: (956) 628-4663
  • Listing Agent: Gabriel Ugalde

Listing information provided by Greater McAllen Association of REALTORS MLS. Information is deemed to be reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 4/19/2025, 3:15:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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drone / aerial view with a residential view

$600,000

720 E Sugarcane Dr

$7,125

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$551,355$14,112
2022$374,675$9,739
2021$244,000$6,038
2020$231,000$6,038
2019$220,000$5,464

History based on county public records data.

Nearby schools

6

North Bridge Elementary School

Public District PK-5

0.3 mi

2001 N Bridge Ave

7

Sam Houston Elementary School

Public District PK-5

1.1 mi

608 N Cantu St

8

Idea Weslaco Pike Academy

Public Charter PK-5

1.1 mi

1000 E Pike Blvd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $19,146. Residents of Weslaco, TX typically earn less than $<35k each year. The majority of families are married, with kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

72%
<35k
22%
35k-100k
6%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

26%
Single, No Kids
29%
Single, with Kids
13%
Married, No Kids
32%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

27%
<11 yrs old
14%
12-17 yrs old
26%
18-34 yrs old
25%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • BasketballBasketball
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Ross Dress For LessRoss Dress For Less
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Jasons DeliJasons Deli
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • BuickBuick
  • AcuraAcura
  • CadillacCadillac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 720 E Sugarcane Dr in Weslaco, TX and zip code 78599. This 7,680 square foot home, which was built in 1983, sits on a 0.48 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 17, 2025 and is currently priced at $600,000.

From Rocket Homes Real Estate and based on county public records data.

More resources

Housing market reports in Hidalgo County