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Four-Unit Residential Income Property

1908 Harrison Street Weslaco, TX 78599

New
1908 Harrison Street, Weslaco, TX, 78599
$465,000
For Sale
$465,000

MULTI_FAMILY - Weslaco, TX

Property Size4,200 SF
Lot Size0.26 Acres
Price / SF$110.71
Days on Market7

Property Features for 1908 Harrison Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking
8
Parking features
Garage
Patio and Porch features
Patio
Fencing
Privacy
Appliances
Electric Water Heater, Dryer, Refrigerator, Stove/Range-Electric Smooth, Washer
Standard status
Active
APN
V391500000007900
Size
4,200 SF
Lot size
0.26 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
14711

Utilities

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
4
Building materials
Stone, Stucco
Roof type
Composition
Listing Agency BIG Realty
4847 S Jackson Rd., Pharr, TX
Listed by Jose L. Aguilar
Added: Jul 10 Checked: Jul 16 at 10:06 pm
MLS# 508857 Listing URL

Copyright © 2026 Greater McAllen Association of Realtors. 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.

This four-unit residential income property is a 4-plex configuration with four two-bedroom, two-bathroom units. The homes are described as open-concept, with in-unit washer and dryer connections and a washer and dryer provided. Each unit includes a private entrance and assigned parking for residents. The listing indicates stainless steel appliances, including a refrigerator and stove, as well as kitchen finishes such as granite countertops and custom cabinetry.

The property is located in Weslaco, Texas within the gated Villages at Westgate community. The remarks describe the setting as a quiet, well-maintained neighborhood, with convenience to Expressway 83 and nearby shopping, restaurants, and schools.

For buyers seeking a small multifamily asset, this layout supports either owner-occupancy with rental income from the remaining units or leasing all four units. With parking assigned per unit and in-unit laundry provided, the property may be well-suited for tenants looking for straightforward, self-contained living arrangements.

Key Highlights

  • 2018‑built 4‑plex with four 2‑bedroom, 2‑bathroom units in the Villages at Westgate community in Weslaco, TX
  • Each unit includes in‑unit washer and dryer connections (washer and dryer provided) and a private entrance
  • In‑unit appliances include electric smooth‑top stove/range, refrigerator, and electric water heater

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 $59.0k $14.04
− Vacancy −$6.5k −$1.55
EGI $52.5k $12.49
− OpEx −$15.7k −$3.75
NOI $36.7k $8.74
4,200 SF · lease $14.04/SF/yr · vacancy 11.02% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$524.7K
$459.1K – $612.2K (±1% cap)
NOI $36,729 @ 7.0% cap · market cap 7.90%
Second Best
Apartment 5plus
$483.1K
$422.7K – $563.6K (±1% cap)
NOI $33,816 @ 7.0% cap · market cap 7.27%
Theoretical Best
Hotel Hospitality
$3.16M
$2.77M – $3.69M (±1% cap)
NOI $221,445 @ 7.0% cap · market cap 47.62%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Kitchen & Bath Showroom Electrical Service Law Firm Plumbing Service Pharmacy (Bike/Boat/Book/etc) Store HVAC Service Grocery & Convenience Store Furniture & Home Goods Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Well-kept fourplex with four two-bedroom units, each with private entrance and two assigned parking spaces.
Where is this quadplex located?
The property is located at 1908 Harrison Street Weslaco, TX.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: 2018‑built 4‑plex with four 2‑bedroom, 2‑bathroom units in the Villages at Westgate community in Weslaco, TX; Each unit includes in‑unit washer and dryer connections (washer and dryer provided) and a private entrance; In‑unit appliances include electric smooth‑top stove/range, refrigerator, and electric water heater
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