78 UNIT WESLACO APARTMENT COMPLEX FOR SALE! With a 98.4% Occupancy Rate in 2025, this complex is a surefire winner! Everything has been kept in excellent condition, which is evidenced by the tenant longevity and the fabulous appearance of the property overall. A mix of unit types and sizes gives tenants options and helps fill vacancies quickly, rarely encountering a 90-day vacancy. The location is great, being super close to the Expressway and to entertainment and dining options. The property is in 4 Phases. Phase 1 has 19 Units including 5 1 Bed/1 Baths and 14 2/2s. Phase 2 has 6 1 Bed/1 Baths, 17 2/2s, and one 1800 sf 3/2 with a 2 car garage. Phases 3 and 4 are all 2/2s. The 1 Bedroom units are 875 sf except for one 775 sf unit. The 2 Bed units are all 1000 sf. Expenses on the property have run high recently, but aggressive measures are being taken to reduce costs and increase rents. Documents and Financials are available to review with an LOI and NDA.
Listing Provided Courtesy of MARCUS PHIPPS REAL ESTATE, LLC at 9564235300
Property Details
Price:
$7,500,000
MLS #:
29779479
Status:
Active
Baths:
0
Type:
Multi Family
Subdivision:
RED BIRD NO. 2
Listed Date:
Sep 11, 2026
Finished Sq Ft:
77,325
Lot Size:
285,191 sqft / 6.55 acres (approx)
Year Built:
2005
See this Listing
Schools
School District:
WESLACO I.S.D.
Elementary School:
MARGO
Middle School:
CUELLAR
High School:
WESLACO-EAST
Interior
Heating System
Central, Electric
Exterior
# Prkng Spcs
170.00
# Stories
One
Building 1 # Units
19
Building 2 # Units
24
Building 3 # Units
15
Building 4 # Units
20
Energy Features
Other
Financial
Map
Community
- Address3801 MORELAND DR WESLACO TX
- SubdivisionRED BIRD NO. 2
- CityWESLACO
- CountyHIDALGO
- Zip Code78596
Market Summary
Current real estate data for Multi Family in WESLACO as of Sep 15, 2026
6
Multi Family Listed
161
Avg DOM
115
Avg $ / SqFt
$1,814,833
Avg List Price
Property Summary
- Located in the RED BIRD NO. 2 subdivision, 3801 MORELAND DR WESLACO TX is a Multi Family for sale in WESLACO, TX, 78596. It is listed for $7,500,000 To schedule a showing of MLS#29779479 at 3801 MORELAND DR in WESLACO, TX, contact your Lolly Burns Real Estate agent at 956-423-0400.
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