1104 Jesse Street, Weslaco, TX 78596
MULTI_FAMILY - Weslaco, TX
- Added:
- Mar 24, 2026
- Days on Market:
- 97
- Last Refresh:
- Jun 28 at 5:06 pm
Property Features for 1104 Jesse Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Other
- Patio and Porch features
- Patio
- Exterior features
- Mature Trees
- Appliances
- Electric Water Heater, Dryer, Refrigerator, Stove/Range-Electric Smooth, Washer
- Standard status
- Active
- APN
- B361000000000600
- Size
- 8,320 SF
- Lot size
- 0.51 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 18755
Utilities
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric
Building Details
- Year built
- 2022
- Floors in Building
- 1
- Number of units
- 8
- Building materials
- Stucco
- Roof type
- Shingle
Listing agent Cynthia Tatum License #0744791 (361) 585-5272
Listing office Encore Fine Properties 817 N Ware Road, McAllen, TX (956) 821-6170
Listing date Mar 24, 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.
HighLights
- Newer 8‑plex built in 2022 with stucco exterior and shingle roof
- Unit mix: 4 units with 3 bed/2 bath and 4 units with 2 bed/2 bath
- Fully equipped kitchens with included appliances (refrigerator, stove/range, washer, dryer)
- Central electric HVAC with central air; electric water heater
- Gross annual income of $115,800 with a 10.1% cap rate
- Exterior features include mature trees and a patio
Overview
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 | $137.8k | $16.56 |
| − Vacancy | −$16.0k | −$1.92 |
| EGI | $121.8k | $14.64 |
| − OpEx | −$54.8k | −$6.59 |
| NOI | $67.0k | $8.05 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Weslaco
- County
- Hidalgo
- State
- Texas
- Longitude
- -97.980528
- Latitude
- 26.13902
