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About This Home
This 0-bedroom, 0-bathroom residential multi family at 121 MELON DR. in Los Fresnos, TX is listed for $609,500 ($106 per sqft). Built in 1984, the home offers 5,760 sqft of living space on a 1.38 acres lot.
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.
Key Features
- Built in 1984
- 1.38 acre lot
Property Details
Amenities
Monthly Cost Estimate
$3,260/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
121 MELON DR.
Los Fresnos, TX 78566
GARWAL ESTATES
Property Details
Flooring
Heating
Cooling
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 121 MELON DR. is listed at $609,500 ($106/sqft). The estimated monthly payment is $2,641 based on 20% down at 6.5% interest.
Key features include: Built in 1984, 1.38 acre lot.
This property is listed by Cesar Cepeda and can be reached at 9569083224 or ccepeda.jr@yahoo.com.
