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$739,000

7432 Lakeside Dr Olmito, TX 78526

6,804 sqft
0.4 acres
$109 / sqft
Multi-Family

Property details

About 7432 Lakeside Dr

Turnkey Multifamily Investment – Two Fully Occupied Triplexes Incredible investment opportunity! This property features two well-maintained triplex apartment buildings (6 total units) situated on nearly half an acre in a desirable and high-demand rental area. Each unit is approximately 1,150 sq. ft. and offers a spacious 2-bedroom, 2-bath layout with a full suite of appliances included—refrigerator, stove, washer, and dryer. Property Highlights: Two 3-plex buildings (6 units total) Each unit is 2 Bed / 2 Bath – approx. 1,150 sq. ft. All appliances convey: Refrigerator, stove, washer, and dryer Currently 100% occupied $1,000/month per unit in rental income Located in a highly rated school district Only 10 minutes to shopping, restaurants, and hospitals Strong rental demand and low vacancy area This is a fully leased, income-producing property with upside potential in a growing market. Ideal for investors looking for stable cash flow with minimal upkeep.

Highlights

Home typeMulti Family
StatusActive
Size6,804 sqft
Lot size0.43 Acres
Year built2016
MLS #29766414

Summary

  • Appliances: Dryer, Washer, Electric Water Heater
  • Flooring Type: Tile
  • Exterior: Balcony, Deck
  • List Price: $739,000
  • Price/SqFt: $108
  • Directions: Exit 10A from I-69E S/US-77 S/US-83 S, Merge onto I-69E S/US-77 S/US-83 S, Take exit 10A toward TX-550/FM 511/Port of Brownsville Merge onto Frontage Rd, Turn right onto Lakeside Blvd, Turn left onto Old Hwy 77, Turn right onto Palmito, Turn left onto Lakeside Blvd Destination will be on your left
  • Year Built: 2016
  • Stories: 1
  • Living Area: 6,804 SqFt
  • Lot Size: 0.43 Acres
  • MLS Number: 29766414
  • MLS Name: Harlingen
  • Office Name: Balboa Realty
  • Office Phone: (956) 459-6337
  • Listing Agent: Jesus Garcia

The data relating to real estate for sale on this web site comes in part of Rio Grande Valley MLS. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Rio Grande Valley MLS. All rights reserved.
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: 7/4/2025, 8:45:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

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

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

7

Villareal Elementary School

Public District PK-5

0.3 mi

7700 E Lakeside Blvd

9

Olmito Elementary School

Public District PK-5

1.2 mi

2500 Arroyo Blvd

8

Dora Romero Elementary School

Public District PK-5

2.0 mi

9705 Cajun 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 $38,854. Residents of Olmito, TX typically earn less than $<35k each year. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

47%
<35k
34%
35k-100k
12%
100k-200k
7%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

30%
Single, No Kids
12%
Single, with Kids
28%
Married, No Kids
30%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
10%
12-17 yrs old
20%
18-34 yrs old
40%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • College FootballCollege Football
  • MotocrossMotocross

Where do the neighbors shop?

  • Dollar GeneralDollar General
  • Express/Express For MenExpress/Express For Men
  • GameStopGameStop

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • SonicSonic
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • RamRam
  • KiaKia
  • JeepJeep

What do the neighbors listen to?

  • Classic CountryClassic Country
  • New CountryNew Country
  • CountryCountry
All data provided by Home Junction and Claritas

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Frequently asked questions

About 7432 Lakeside Dr

The listing price of 7432 Lakeside Dr property is $739,000.

The property 7432 Lakeside Dr is a multi located in Olmito, Texas, 78526.

Active Listing: 7432 Lakeside Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 7432 Lakeside Dr are: Villareal Elementary School (GreatSchools Rating 7/10), Olmito Elementary School (GreatSchools Rating 9/10), Dora Romero Elementary School (GreatSchools Rating 8/10), Stillman Middle School (GreatSchools Rating 7/10), Los Cuates Middle School (GreatSchools Rating 7/10), Vela Middle School (GreatSchools Rating 6/10), South Texas Independent School District Medical Professions (GreatSchools Rating 7/10), Jubilee Brownsville (GreatSchools Rating 5/10), Veterans Memorial Early College High School (GreatSchools Rating 7/10).

The property 7432 Lakeside Dr is 6,804 SqFt (source: MLS/tax record).

The year of construction for 7432 Lakeside Dr is 2016.

This home is located at 7432 Lakeside Dr in Olmito, TX and zip code 78575 in the Olmito neighborhood. This 6,804 square foot home, which was built in 2016, sits on a 0.43 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since July 1, 2025 and is currently priced at $739,000.

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

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