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7432 Lakeside Dr., 
Olmito, TX 78526

$739,000


Bed


Bath


6,804

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Jesus Garcia

Balboa Realty

956-459-6337

Last updated:

July 18, 2025, 02:35 PM

MLS#

29766414

Source:

TX RGV

About This Home

7432 Lakeside Dr.

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.

Home Facts

Multi-Family

Built in 2016

Price Summary

739,000

$108 per Sq. Ft.

MLS #:

29766414

Last Updated:

July 18, 2025, 02:35 PM

Added:

a month ago


Rooms & Interior

Interior

Living Area:

6,804 Sq. Ft.


Structure

Structure

Building Area:

6,804 Sq. Ft.

Year Built:

2016


Lot

Lot Size (Sq. Ft):

18,730


Finances & Disclosures

Finances

Price:

$739,000

Price per Sq. Ft:

$108 per Sq. Ft.

Source:TX RGV
The information being provided by Rio Grande Valley MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Rio Grande Valley MLS All rights reserved.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.