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Weslaco Triplex Investment Opportunity

2109 Davenport Street Weslaco, TX 78596

Claim this Listing
For Sale
$364,900

MULTI_FAMILY - Weslaco, TX

Property size:
3,161 SF
Lot size:
0.24 Acres
Price / SF:
$115.44/SF
Added:
Jun 27, 2026
Days on Market:
18
Last Refresh:
Jul 14 at 3:06 am

Property Features for 2109 Davenport Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking
8
Parking features
Garage, Other
Patio and Porch features
Patio
Exterior features
Sprinkler System
Appliances
Electric Water Heater, Dryer, Microwave, Oven-Single, Stove/Range-Electric Smooth, Washer
Standard status
Active
APN
A144500000001200
Size
3,161 SF
Lot size
0.24 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
8216

Utilities

Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Water source
Public

Building Details

Year built
2021
Floors in Building
1
Number of units
3
Building materials
Stucco
Roof type
Composition

Listing agent Preshina Samtani

Listing office Key Realty 4907 S Jackson Road, Edinburg, TX

Listing date Jun 27, 2026

MLS# 500367 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 fully rented triplex presents a great investment opportunity. The property is located near the expressway, an elementary school, a city park, and the medical district. The property features one 2-bedroom, 2-bath unit and two 3-bedroom, 2-bath units. Each unit includes a stove, refrigerator, microwave, washer, and dryer. All units also include a private patio. The property size is 3161 square feet and the lot size is 0.2427 acres.

Key Highlights

  • Fully rented triplex built in 2021 with one 2BR/2BA unit and two 3BR/2BA units
  • Each unit includes stove, refrigerator, microwave, washer, and dryer
  • Central air and electric heating throughout

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 $44.4k $14.04
− Vacancy −$4.9k −$1.55
EGI $39.5k $12.49
− OpEx −$11.8k −$3.75
NOI $27.6k $8.74
3,161 SF · lease $14.04/SF/yr · vacancy 11.02% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$394.9K
$345.5K – $460.7K (±1% cap)
NOI $27,643 @ 7.0% cap · market cap 7.58%
Second Best
Apartment 5plus
$363.6K
$318.1K – $424.2K (±1% cap)
NOI $25,451 @ 7.0% cap · market cap 6.97%
Theoretical Best
Hotel Hospitality
$2.38M
$2.08M – $2.78M (±1% cap)
NOI $166,664 @ 7.0% cap · market cap 45.67%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Electrical Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store Home Appliance Store Computer & Electronic Repair (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Triplex - Fully rented triplex near expressway, school, park, and medical district.
Where is this triplex located?
The property is located at 2109 Davenport Street Weslaco, TX.
What is the asking price?
The asking price for this property is $364,900.
What are key features of this property?
This property features: Fully rented triplex built in 2021 with one 2BR/2BA unit and two 3BR/2BA units; Each unit includes stove, refrigerator, microwave, washer, and dryer; Central air and electric heating throughout
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