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7432 Lakeside Dr.

Olmito, TX 78526
  • $739,000
  • STATUS: Active
  • ON SITE: 7 Days
  • MLS #: 29766414
UPDATED: 44 min ago
$739,000
  • 0
    BEDS
  • 0.43
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,804
    SQFT
  • $109
    $/SQFT
Type:
Multi-Family
Built:
2016
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Turnkey Multifamily Investment " Two Fully Occupied Triplexes Incredible investment opportunity! This property features two well-maintained triplex apartment buildings (6 total units) situated on nearly half an acre in a desirable and high-demand rental area. Each unit is approximately 1,150 sq. ft. and offers a spacious 2-bedroom, 2-bath layout with a full suite of appliances included"refrigerator, stove, washer, and dryer. Property Highlights: Two 3-plex buildings (6 units total) Each unit is 2 Bed / 2 Bath " approx. 1,150 sq. ft. All appliances convey: Refrigerator, stove, washer, and dryer Currently 100% occupied $1,000/month per unit in rental income Located in a highly rated school district Only 10 minutes to shopping, restaurants, and hospitals Strong rental demand and low vacancy area This is a fully leased, income-producing property with upside potential in a growing market. Ideal for investors looking for stable cash flow with minimal upkeep.

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© 2025 Harlingen Board of Realtors Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Troy Giles Realty. Data last updated: 2025-07-09T10:51:22.947.
www.troygilesrealty.com/homes/165432783
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7432 Lakeside Dr. Olmito, TX 78526

  • Price: $739,000
  • Status: Active
  • On Site: 7 Days
  • Updated: 44 min ago
  • MLS #: 29766414
0
Beds
0
Baths
0
½ Baths
0.43
Acres
6,804
SQFT
$109
$/SQFT
2016
Built
Neighborhood:
Olmito Original Townsite Groves
County:
Cameron
Area:
Olmito
Elementary School:
Villarreal
Middle School:
Resaca
High School:
Los Fresnos
School District:
Los Fresnos C.I.S.D.
Property Description
Turnkey Multifamily Investment " Two Fully Occupied Triplexes Incredible investment opportunity! This property features two well-maintained triplex apartment buildings (6 total units) situated on nearly half an acre in a desirable and high-demand rental area. Each unit is approximately 1,150 sq. ft. and offers a spacious 2-bedroom, 2-bath layout with a full suite of appliances included"refrigerator, stove, washer, and dryer. Property Highlights: Two 3-plex buildings (6 units total) Each unit is 2 Bed / 2 Bath " approx. 1,150 sq. ft. All appliances convey: Refrigerator, stove, washer, and dryer Currently 100% occupied $1,000/month per unit in rental income Located in a highly rated school district Only 10 minutes to shopping, restaurants, and hospitals Strong rental demand and low vacancy area This is a fully leased, income-producing property with upside potential in a growing market. Ideal for investors looking for stable cash flow with minimal upkeep.
Exterior Features

Construction Slab Exterior Features Deck/Balcony/Porch Exterior Siding Concrete Fence Type Wood Garage Details 4+ CarNo GarageOther Location Features Curb & Gutter Outbuildings None Parking Spaces 14.00 Stories One Street Type Paved

Interior Features

Conveying Appliances DryerRangeRefrigeratorWasher Energy Features Double Pane Windows Flooring Tile Heating System Central Interior Features Cable TVWalk-in Closet(s) Special Features Handicap AccessInternet Access Water Heater Electric

Property Features

Community Amenities None Multifamily Type Multiplex (2-10) Proposed Financing CashConventional REO No Sewer Public Sewer Water Public

Listing provided courtesy of Jesus Garcia of Balboa Realty: 9564596337. © 2025 Harlingen Board of Realtors Multiple Listing Service.
© 2025 Harlingen Board of Realtors Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Troy Giles Realty. Data last updated: 2025-07-09T10:51:22.947.
 
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