RCR Real Connect Realty
Active Residential Income MLS # 29776128

121 Melon Dr.

$599,400

0 Bedrooms 0 Bathrooms 5760 Sq Ft

Property Description

Rare investment opportunity with this package of four duplexes being sold together as an 8-plex in the rapidly growing Los Fresnos market. At $6,295 gross monthly income this fully occupied property offers immediate, stable cash flow, making it an ideal addition to any investor's portfolio. Each duplex is 2 bed/ 1 bath on one side and 3 bed / 1 bath on the other. Each unit is well-positioned to meet strong rental demand, while the overall property presents a compelling value-add opportunity for those looking to increase rents, improve operations, or enhance the asset over time. Situated on a generous tract, the property also includes additional land, opening the door for potential expansion or future development—further maximizing your return on investment. Whether you're a seasoned investor or looking to scale your portfolio, this 8-plex delivers both current income and long-term upside in one of the area's most promising markets. Owner is a licensed real estate agent in Texas.

Property Details

Listing

MLS #
29776128
Status
Active
Property Type
Residential Income
Property Subtype
Multi Family
List Price
$599,400
Days on Market
74

Interior

Bedrooms
0
Bathrooms
0
Living Area
5760 Sq Ft
Heating
Central
Appliances
Electric Water Heater, Refrigerator
Flooring
Tile
Interior Features
None, High Speed Internet

Exterior

Year Built
1984
Lot Size
1.3776
Lot Features
None
Exterior Features
None
Construction Materials
Block
Foundation
Slab
Parking
16

Location

Address
121 Melon Dr., Los Fresnos TX
City
Los Fresnos
County
Cameron
Subdivision
Garwal Estates
School District
Los Fresnos C.I.S.D.
Elementary School
Los Fresnos
Middle School
Los Cuates
High School
Los Fresnos
Latitude
26.0628122
Longitude
-97.4899171

Financial & MLS

Listing Agent
Cesar Cepeda
Listing Office
GRT Realty
List Agent Email
ccepeda.jr@yahoo.com
Modification Timestamp
2026-07-16T02:22:49.000Z

Property Location

121 Melon Dr., Los Fresnos TX

121 Melon Dr., Los Fresnos TX

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Listing information is supplied for consumer review and may change without notice. Last listing update: 2026-07-16T02:22:49.000Z. Verify price, availability, property condition, school assignments, measurements, and showing instructions before making decisions.

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