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196 Farrell Road

Weslaco, TX 78596
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Just listedJust listed
1,110 Sqft
0.24 Lot Acres
Multi-Family

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Description

Excellent opportunity to own an income-producing fourplex featuring 4 spacious condo-style units in the growing Rio Meadows community in Weslaco, TX! Each unit offers 3 bedrooms, 2 bathrooms, bright open-concept layouts, generous living spaces, abundant natural light, and private back patios designed for comfortable everyday living. Units include a basic appliance package with refrigerator, stove, microwave, washer, and dryer for added convenience. Located inside a gated community just 1 block from BUS 83 and only 3 blocks from Expressway 83, providing quick access to HEB, Walgreens, Dollar General, Whataburger, Weslaco High School, and major Valley destinations. Perfect opportunity for investors seeking strong rental potential or buyers looking to live in one unit while generating income from the others. Limited availability during Grand Opening at Rio Meadows-reserve yours before completion! Site condo docs available! Sell individual units at $150k and make more income!

MLS#
GMARTX-504526
List Price
$499,000 ($450/Sqft.)
Listing Status
For Sale
Address
196 Farrell Road
City
Weslaco
State
TX
Zip Code
78596
County
Hidalgo County
Subdivision
Rio Meadows
Property Type
Multi-Family
Garages
8 / Appraisal District
Stories
1
Building Size
1,110 Sqft/Appraisal District
Year Built
2025 /Appraisal District
Lot Size
0.24 Lot Acres/Appraisal District

Exterior

Roof
Composition
Exterior Type
Stucco
Sprinkle System
Yes
Dock
Yes
Exterior
Sprinkler System

Interior

Cooling
Electric, Central Air
Heating
Central, Electric (Heating)
Appliances
Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range, Washer

Lot Information

Lot Size
0.24 Lot Acres /Appraisal District
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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
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Listing Broker

Information source

Greater McAllen Association of Realtors®
Source last updated May 15, 2026 at 02:21 PM
Listing last updated May 14, 2026 at 03:30 AM
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Cost/Sqft based on tax value

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Estimated Monthly Payments

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Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Assigned schools

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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
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