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3801 E MORELAND DR
WESLACO TX 78596 US

$7,500,000

Active Listing ID 29779479
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77,325 square feet
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Lot: 6.55 Acres
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Apartment

$7,500,000

Active Listing ID 29779479
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3801 E MORELAND DR 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.

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Property Features

  • Facts
  • Lot Size: 6.55 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Apartment
  • Features
  • Cooling System: Electric, Central Air
  • Exterior Finish: Patio
  • Floor Covering: Tile
  • Heating Fuels: Central, Electric (Heating)
  • Additional Features
  • Patio

School Information

  • School
  • MARGO(Elementary)
  • CUELLAR(MiddleSchool)
  • WESLACO-EAST(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Apartment
  • listprice: 7500000
  • unparsedaddress: 3801 E MORELAND DR
  • postalcity: WESLACO
  • stateorprovince: TX
  • country: US
  • postalcode: 78596
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 6.5471
  • lotsizeunits: Acres
  • lotsizearea: 6.5471
  • livingarea: 77325
  • livingareaunits: Square Feet
  • latitude: 26.15614805
  • longitude: -97.9529706
  • listagentfullname: MARCUS PHIPPS
  • listagentemail: marcus@harlingenhomes.com
  • listagentkey: 3yd-HBRTX-107_94
  • listagentmlsid: 107_94
  • listagentpreferredphone: 9567932355
  • listagentofficephone: 9567932355
  • listofficekey: 3yd-HBRTX-107
  • listofficemlsid: 107
  • disclaimer: Copyright © 2026 Rio Grande Valley Multiple Listing Service Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: HBRTX
  • yearbuilt: 2005
  • listingcontractdate: 2026-09-11
  • listagenturl: www.MarcusPhippsRealEstate.com
  • countyorparish: HIDALGO
  • elementaryschool: MARGO
  • highschool: WESLACO-EAST
  • elementaryschooldistrict: WESLACO I.S.D.
  • middleorjuniorschooldistrict: WESLACO I.S.D.
  • highschooldistrict: WESLACO I.S.D.
  • appliances: Range, Refrigerator
  • cooling: Electric, Central Air
  • flooring: Tile
  • heating: Central, Electric (Heating)
  • numberofunitstotal: 78
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: Smoke Alarm(s)
  • exteriorfeatures: Patio
  • patioandporchfeatures: Patio
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -97.95297, 26.156149
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Harlingen Homes", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"marcus@harlingenhomes.com", "ListBrokerageCity":"HARLINGEN", "ListBrokerageCountry":"US", "ListBrokerageEmail":"marcus@harlingenhomes.com", "ListBrokerageLogoUrl":"http://lh.rdcpix.com/7e206f811d2111e6a2c60e5e3b89ab1dk-c2941331738r.png", "ListBrokerageName":"Harlingen Homes", "ListBrokeragePhone":"(956) 423-5300", "ListBrokeragePostalCode":"78550", "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1201 E Harrison Ave", "ListBrokerageWebsiteUrl":"http://www.harlingenhomes.com", "ListOfficeAddress1":"1617 E Tyler Suite H ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"107", "ListOfficeCity":"Harlingen", "ListOfficeCountry":"US", "ListOfficeEmail":"lisa@harlingenhomes.com", "ListOfficePostalCode":"78550", "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential Income, WESLACO, TX", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/3801-Moreland-Dr_Weslaco_TX_78596_M91034-42232?f=listhub&s=HBRTX&m=29779479&c=rexren", "MLSModificationTimestamp":"2026-09-11 20:45:52", "Neighborhoods":[{"Description":null, "Name":"RED BIRD NO. 2"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 9/16/2026 4:06:52 PM GMT
Source Updated Date: 9/23/2026 12:43:41 AM GMT

Courtesy of: MARCUS PHIPPS, MARCUS PHIPPS REAL ESTATE, LLC, marcus@harlingenhomes.com

Copyright © 2026 Rio Grande Valley Multiple Listing Service Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.