Active Residential Income MLS # 29779479

3801 E Moreland Dr

$7,500,000

3801 E Moreland Dr
0 Bedrooms 0 Bathrooms 77325 Sq Ft

Property Description

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.

Property Details

Listing

MLS #
29779479
Status
Active
Property Type
Residential Income
Property Subtype
Apartment
List Price
$7,500,000
Days on Market
11

Interior

Bedrooms
0
Bathrooms
0
Living Area
77325 Sq Ft
Heating
Central, Electric
Appliances
Electric Water Heater, Refrigerator
Flooring
Tile

Exterior

Year Built
2005
Lot Size
6.5471
Lot Features
Sidewalks
Construction Materials
Brick
Foundation
Slab
Parking
170

Location

Address
3801 E Moreland Dr, Weslaco TX
City
Weslaco
County
Hidalgo
Subdivision
Red Bird No. 2
School District
Weslaco I.S.D.
Elementary School
Margo
Middle School
Cuellar
High School
Weslaco-East
Latitude
26.156148054
Longitude
-97.952970602

Financial & MLS

Listing Agent
Marcus Phipps
Listing Office
MARCUS PHIPPS REAL ESTATE, LLC
List Agent Email
marcus@harlingenhomes.com
Modification Timestamp
2026-09-11T20:45:52.000Z

Property Location

3801 E Moreland Dr, Weslaco TX

3801 E Moreland Dr, Weslaco TX

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Listing information is supplied for consumer review and may change without notice. Last listing update: 2026-09-11T20:45:52.000Z. Verify price, availability, property condition, school assignments, measurements, and showing instructions before making decisions.

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