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    New Multifamily Property in Weslaco Title is generated by Realmo AI

    3131 Stark Road, Weslaco, TX 78596

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    Claim this Listing
    For Sale
    $489,000

    MULTI_FAMILY - Weslaco, TX

    Property size:
    4,226 SF
    Lot size:
    0.27 Acres
    Price / SF:
    $115/SF
    Added:
    Jan 19, 2026
    Days on Market:
    141
    Last Refresh:
    Jun 9 at 5:06 pm

    Property Features for 3131 Stark Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Parking
    8
    Parking features
    Garage
    Patio and Porch features
    Porch
    Exterior features
    Sprinkler System
    Appliances
    Electric Water Heater, Smooth Electric Cooktop, Dryer, Microwave, Refrigerator, Washer
    Standard status
    Active
    APN
    R311000000003100
    Size
    4,226 SF
    Lot size
    0.27 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    4386

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2026
    Floors in Building
    1
    Number of units
    4
    Building materials
    Stucco
    Roof type
    Shingle

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    Listing Contact
    Manny De Leon

    Listing agent Manny De Leon

    Listing office BIG Realty 4847 S Jackson Rd., Pharr, TX

    Listing date Jan 19, 2026

    MLS# 492404 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.

    HighLights

    • Newly built multi‑family property (Year Built: 2026) offering immediate rental income potential.
    • Includes two 3‑bedroom, 2‑bath units and two 2‑bedroom, 2‑bath units.
    • Each unit is fully equipped with all appliances, including washer and dryer.
    • Convenient location: 2 minutes from the expressway.
    • Features a gated entrance for enhanced security.
    • Open concept design with ample space.

    Overview

    This newly built multifamily property features an open concept design. The property includes two 3-bedroom, 2-bath units and two 2-bedroom, 2-bath units. Each unit is equipped with appliances, including a washer and dryer. The property is located 2 minutes from the expressway. It features a gated entrance and ample space. The property is situated in Weslaco, Texas.

    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 $59.3k $14.04
    − Vacancy −$6.5k −$1.55
    EGI $52.8k $12.49
    − OpEx −$15.8k −$3.75
    NOI $37.0k $8.74
    4,226 SF · lease $14.04/SF/yr · vacancy 11.02% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $527.9K
    $462.0K – $615.9K (±1% cap)
    NOI $36,956 @ 7.0% cap · market cap 7.56%
    Second Best
    Apartment 5plus
    $486.1K
    $425.3K – $567.1K (±1% cap)
    NOI $34,026 @ 7.0% cap · market cap 6.96%
    Theoretical Best
    Hotel Hospitality
    $3.18M
    $2.79M – $3.71M (±1% cap)
    NOI $222,816 @ 7.0% cap · market cap 45.57%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Map

    City
    Weslaco
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.019953
    Latitude
    26.161477

    FAQs

    What type of property is this?
    Quadplex - Newly built multifamily property with modern amenities and convenient location.
    Where is this quadplex located?
    The property is located at 3131 Stark Road Weslaco, TX.
    What is the asking price?
    The asking price for this property is $489,000.
    What are key features of this property?
    This property features: Newly built multi‑family property (Year Built: 2026) offering immediate rental income potential.; Includes two 3‑bedroom, 2‑bath units and two 2‑bedroom, 2‑bath units.; Each unit is fully equipped with all appliances, including washer and dryer.
    More about this property
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