2110 De Leon Avenue Donna, TX 78537
MULTI_FAMILY - Donna, TX
- Added:
- Jul 9, 2026
- Days on Market:
- 6
- Last Refresh:
- Jul 14 at 7:06 am
Property Features for 2110 De Leon Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 7
- Parking features
- None
- Fencing
- Chain Link
- Appliances
- Electric Water Heater, Refrigerator, Stove/Range
- Standard status
- Active
- APN
- C765000002002600
- Size
- 3,000 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6403
Utilities
- Heating system
- Electric (Heating)
- Cooling system
- Wall Unit(s), Electric
- Water source
- Public
Building Details
- Year built
- 1997
- Floors in Building
- 2
- Number of units
- 4
- Building materials
- Siding, Wood Siding
- Roof type
- Shingle
Listing agent Maggie Harris License #0530155 (956) 821-9990
Listing office Keller Williams Realty RGV 3300 N Mccoll. Ste P & Q, McAllen, TX (956) 928-1155
Listing date Jul 9, 2026
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.
The building is described as conveniently located within walking distance to city parks and just minutes from schools, shopping, restaurants, and major highway access. That combination supports easy everyday access for residents while keeping the asset positioned near common daily needs.
For an investor or operator, the uniform 2-bedroom product and open-concept floorplans can simplify leasing and turnover planning compared with a more varied unit mix. With occupancy already established under 12-month terms, the property is positioned for buyers seeking a straightforward, turnkey-style acquisition while focusing on maintaining and operating an actively leased multifamily asset.
Key Highlights
- 4‑plex with all 2‑bedroom units and open‑concept layouts
- Recently remodeled building with tenants in place under 12‑month leases
- Year built 1997; exterior siding (including wood siding) and shingle roof
Local Financial Insights For Apartment 5plus
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 | $49.7k | $16.56 |
| − Vacancy | −$5.8k | −$1.92 |
| EGI | $43.9k | $14.64 |
| − OpEx | −$19.8k | −$6.59 |
| NOI | $24.2k | $8.05 |
