Well-Maintained Fourplex for
For Sale
$450,000
108 E 19th Street, Weslaco, TX 78596
MULTI_FAMILY - Weslaco, TX
Property Size3,952 SF
Lot Size0.29 Acres
Price / SF$113.87
Days on Market47
Property Features for 108 E 19th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
None
Exterior features
Mature Trees
Fencing
Chain Link, Privacy
Appliances
Electric Water Heater, Microwave, Refrigerator, Stove/Range-Electric Coil
Subdivision
Weslaco Business Park
Lot features
Cul-De-Sac, Curb & Gutters, Mature Trees, Sidewalks
Elementary school
Margo
Middle school
Cuellar
High school
Weslaco H.S.
Elementary school district
Weslaco ISD
Middle school district
Weslaco ISD
High school district
Weslaco ISD
Directions
EAST ON EXPWY 83 , SOUTH ON TEXAS BLVD , EAST ON EAST 18th STREET , SOUTH ON ILLINOIS AVENUE , WEST ON EAST 19th STREET .
Standard status
Active
APN
W223200002000500
Size
3,952 SF
Lot size
0.29 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
6988
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
2007
Floors in Building
1
Number of units
4
Building materials
Brick
Roof type
Composition
Listing Agency:
Keller Williams Realty RGV
(956) 928-1155
Listed By:
Ronaldo Lacayo
(956) 578-5733
Added: Jun 17
Changed: Jul 29
Last Checked: Aug 2 at 12:06PM
MLS# 507347
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 for-sale fourplex offers a functional, well-maintained layout with 2 bedrooms and 2 full bathrooms per unit. Each unit includes a good-size kitchen with appliances that convey, along with washer and dryer connections. The property is designed to support comfortable day-to-day living, with two parking spaces provided per unit. Updates include a brand-new roof for the fourplex and fairly new air conditioners.
The property is located in Weslaco, Texas, at 108 E 19th Street (Hidalgo County). The public remarks indicate the site is very close to restaurants and major shopping centers, supporting convenient access to everyday amenities.
For investors and buyers seeking a residential income property with clear unit-level features, this fourplex provides consistent in-unit configuration across all units, including kitchen appliances and laundry connections. The roof replacement and relatively newer HVAC equipment are practical considerations for an operator or owner looking to reduce near-term building-system concerns. The two parking spaces per unit also support tenant convenience and straightforward daily access.
The property is located in Weslaco, Texas, at 108 E 19th Street (Hidalgo County). The public remarks indicate the site is very close to restaurants and major shopping centers, supporting convenient access to everyday amenities.
For investors and buyers seeking a residential income property with clear unit-level features, this fourplex provides consistent in-unit configuration across all units, including kitchen appliances and laundry connections. The roof replacement and relatively newer HVAC equipment are practical considerations for an operator or owner looking to reduce near-term building-system concerns. The two parking spaces per unit also support tenant convenience and straightforward daily access.
Key Highlights
- 2007‑built brick fourplex with central heating and central air
- Public water supply and composition shingle roof
- Each unit features 2 bedrooms and 2 full bathrooms, with a functional layout
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 | $55.5k | $14.04 |
| − Vacancy | −$6.1k | −$1.55 |
| EGI | $49.4k | $12.49 |
| − OpEx | −$14.8k | −$3.75 |
| NOI | $34.6k | $8.74 |
3,952 SF · lease $14.04/SF/yr · vacancy 11.02% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$493.7K
$432.0K – $576.0K
NOI $34,560 @ 7.0% cap · market cap 7.68%
Second Best
Apartment 5plus
$454.6K
$397.7K – $530.3K
NOI $31,819 @ 7.0% cap · market cap 7.07%
Theoretical Best
Hotel Hospitality
$2.98M
$2.60M – $3.47M
NOI $208,369 @ 7.0% cap · market cap 46.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
96
Businesses Nearby
Explore this area
Business Placement
Demographics for 78596, TX
37,329
Population
15,824
Households
2.4
Avg Household Size
36
Median Age
21%
College-Educated
75%
High-School Grad
40.1 sq mi
ZIP Area
931
Density / Sq Mi
$53,797
Median Household Income
$31,618
Median Earnings
$917
Median Rent
$92,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Well-kept fourplex with updated roof and HVAC, plus in-unit washer/dryer connections and two parking spaces per unit.
Where is this quadplex located?
The property is located at 108 E 19th Street Weslaco, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 2007‑built brick fourplex with central heating and central air; Public water supply and composition shingle roof; Each unit features 2 bedrooms and 2 full bathrooms, with a functional layout
