Great Investment Opportunity! This property features five frame homes conveniently situated on a single lot, offering excellent rental income potential. Each home is equipped with its own water and electricity meter, making management straightforward. All leases are currently month-to-month, providing flexibility for new owners. Whether you're a seasoned investor or just starting out, this property is perfect for steady cash flow with room to grow. To make it even better, seller financing is available, opening the door for more opportunities to secure this unique asset. Don’t miss out on this versatile and income-generating investment!
Take a look at this impressive 9-plex, featuring all units with 2 bedrooms and 1 bath, each renting for $700. This property is a no-brainer for your next investment and is well-maintained, situated in the heart of Progreso!
Andrea D. Conner, License 521381, Xome Inc., License 9002330, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067
Based on information from the McAllen Association of REALTORS® (alternatively, from GMAR) as of {{last updated}}. GMAR does not guarantee or is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by the GMAR MLS may not reflect all real estate activity in the market.
Progreso is located in Texas. Progreso, Texas has a population of 4,941. Progreso is less family-centric than the surrounding county with 34.7% of the households containing married families with children. The county average for households married with children is 37.3%.
The median household income in Progreso, Texas is $38,214. The median household income for the surrounding county is $44,666 compared to the national median of $69,021. The median age of people living in Progreso is 36.3 years.
The average high temperature in July is 94.8 degrees, with an average low temperature in January of 48.9 degrees. The average rainfall is approximately 24.8 inches per year, with 0 inches of snow per year.
