Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Mile 11 Weslaco, TX 78599

    View on Map
    Sponsored
    For Sale
    $350,000

    MULTI_FAMILY - Weslaco, TX

    Property size:
    3,480 SF
    Lot size:
    0.50 Acres
    Days on Market:
    151
    Last Refresh:
    Mar 13 at 8:06 am

    Property Features for Mile 11

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    M475500000000400
    Parking features
    Garage, Carport
    Exterior features
    Mature Trees
    Appliances
    Electric Water Heater, Refrigerator, Stove/Range-Electric Coil
    Size
    3,480 SF
    Lot size
    0.50 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2009
    Floors in Building
    1
    Number of units
    4
    Building materials
    Stucco
    Roof type
    Shingle

    We can help!

    Listing Contact
    Rosbel Ramirez

    Encore Fine Properties (956) 821-6170

    Listing agent Rosbel Ramirez (956) 566-9595

    Listing date Oct 14, 2025

    MLS# 483326

    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.

    Learn more

    Property Insight Report

    Overview

    Income-Producing Four-Plex in Weslaco, TX

    This income-producing four-plex is located in Weslaco, TX, and offers an exceptional investment opportunity. The property is fully leased and generates steady income. Each of the four spacious units is well-maintained and has individual utilities. The property is located in a high-demand rental area and is conveniently located near shopping, schools, and major highways. The property size is 3480 square feet and the lot size is 0.5 acres. The property has a proven rental history and solid return potential, offering long-term stability and consistent performance. It is easy to manage and offers immediate cash flow.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Map

    City
    Weslaco
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.991515
    Latitude
    26.213356

    Nearby Similar for Sale

    • $249,000
      1,864 SF

      Weslaco Commercial Property For Sale

      Commercial property in high-traffic area, ideal for various businesses.
      403 Pike Blvd, Weslaco, TX 78596
      View Details
    • $350,000
      4,704 SF

      Mixed-Use Property in Weslaco, TX

      Mixed-use property with three detached buildings in a prime location.
      319 E Los Torritos St, Weslaco, TX 78596
      View Details
    • $750,000
      7,738 SF

      Restaurant Building in High Traffic Area

      Large restaurant with indoor and outdoor dining in Weslaco.
      2708 N Texas Blvd, Weslaco, TX 78599
      View Details
    • $900,000
      3,100 SF

      Turnkey Restaurant & Entertainment Space

      3,100 SF restaurant ready for immediate operation in Weslaco, TX.
      1015 S International Blvd, Weslaco, TX 78596
      View Details
    • $2,395,000
      19,200 SF

      Weslaco Plaza for Sale

      19,200 SF plaza on 1.75 acres in Weslaco, TX.
      1125 James St, Weslaco, TX 78596
      View Details
    • $727,000
      5,243 SF

      Medical Building Near Knapp Medical

      Medical building next to Knapp Medical Center in Weslaco, TX.
      1412 E 8Th St, Weslaco, TX 78596
      View Details
    • $489,000
      4,200 SF

      Weslaco Fourplex Investment Opportunity

      Well-maintained fourplex in Weslaco, TX with strong rental appeal.
      1631 Playa Dr, Weslaco, TX 78596
      View Details
    • $469,000
      4,080 SF

      New Gated Fourplex Community

      New fourplex community with modern finishes and spacious layouts.
      612 Oriole Rd, Weslaco, TX 78596
      View Details
    • $469,999
      4,080 SF

      New Weslaco Fourplex Investment Opportunity

      New construction fourplex in gated community near entertainment and shopping.
      700 Oriole Rd, Weslaco, TX 78596
      View Details
    • $479,000
      4,200 SF

      New Fourplexes in Weslaco, TX

      Modern fourplexes with immediate income potential in a growing area.
      2714 Primrose Dr, Weslaco, TX 78596
      View Details
    • $499,000
      4,398 SF

      Weslaco Fourplex: Fully Leased Investment

      Turnkey fourplex in Weslaco's Rio Meadows, immediate cash flow.
      3121 Briggs Rd, Weslaco, TX 78596
      View Details
    • $160,000
      Pending

      Weslaco Commercial Property For Sale

      Commercial building on 0.74 acres, ideal for owner-operators.
      3925 E Business 83 Hwy, Weslaco, TX 78596
      View Details

    FAQs

    What type of property is this?
    Quadplex - Fully leased four-plex in high-demand area, generating steady income.
    Where is this quadplex located?
    The property is located at Mile 11 Weslaco, TX.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Income-producing 4-plex with all units currently leased; - Located in a high-demand rental area of Weslaco, TX; - Individual utilities for each of the four spacious units
    (956) 821-6170
    Request Owner's contact information
    Mile 11 Weslaco, TX 78599
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Mile 11
    Weslaco, TX 78599
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Mile 11 Weslaco, TX 78599
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Rosbel Ramirez
    (956) 821-6170 (956) 566-9595
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!