loading

121 Melon Dr

LOS FRESNOS, TX 78566
Get Directions →
Just listedJust listed
5,760 Sqft
1.38 Lot Acres
Multi-Family

Audio narrative

Get full access to Premium Content

Premium Content such as Sold Prices, Property History Reports and Saved Searches.

Sign in to view Premium Content

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.

MLS#
HBRTX-29776128
List Price
$610,000 ($106/Sqft.)
Listing Status
For Sale
Address
121 Melon Dr
City
LOS FRESNOS
State
TX
Zip Code
78566
County
CAMERON County
Subdivision
GARWAL ESTATES
Property Type
Multi-Family
Stories
1
Building Size
5,760 Sqft/Appraisal District
Year Built
1984 /Appraisal District
Lot Size
1.38 Lot Acres/Appraisal District
LP / Acre
$442,799 / Acre

Interior

Floors
Tile
Cooling
Central Air, Ductless, Zoned
Heating
Central
Appliances
Range, Refrigerator

Exterior

Dock
Yes

Lot Information

Lot Size
1.38 Lot Acres /Appraisal District
loading
Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
Ready to Sell your Home?
If you like this property and are also considering selling your current home now, you may find out how. Request your home selling analysis report featuring Recently Sold, Market Analysis, Home Valuations, and Market Update.
Start Selling your Home

Listing Broker

Information source

Rio Grande Valley Multiple Listing Service Inc.
Source last updated May 05, 2026 at 09:20 AM
Listing last updated May 04, 2026 at 06:00 AM
View website →

Estimate your mortgage payments

Create and estimate your monthly mortgage payment and property taxes based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
$-----
$-----
Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
--------
-------- --------

Explore school information

Check out assigned and nearby schools along with their detailed ratings and essential information to help you make informed decisions.

Assigned schools

View nearby schools view nearby schools

Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
Contact agent
Call Callback request