1706 DECILOS DR Harlingen, TX 78550
MULTI_FAMILY - HARLINGEN, TX
- Added:
- Aug 7, 2025
- Days on Market:
- 342
- Last Refresh:
- Jul 14 at 12:06 pm
Property Features for 1706 DECILOS DR
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Interior features
- Ceiling Fan(s), Smoke Alarm(s)
- Appliances
- Range, Refrigerator
- Standard status
- Active
- Size
- 2,066 SF
- Lot size
- 0.14 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 2018
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile
Listing agent Adela Capetillo (956) 622-1307
Listing office EXP Realty, LLC 9600 Great Hills Trail Suite 150 W, Austin, TX (888) 519-7431
Listing date Aug 7, 2025
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.
Investment Insights
Based on property information with market context.
Key Highlights
- Immediate rental income with long‑term tenants in place.
- Convenient location near expressway, Walmart, and Harlingen South High School.
- Two bedroom, two bath apartment.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.0k | $12.60 |
| − Vacancy | −$1.7k | −$0.81 |
| EGI | $24.3k | $11.79 |
| − OpEx | −$7.3k | −$3.54 |
| NOI | $17.0k | $8.25 |
