Four-Unit
For Sale
$490,000
1706 & 1710 DECILOS DR, Harlingen, TX 78550
Residential Income, HARLINGEN, TX
Property Size4,074 SF
Lot Size0.28 Acres
Price / SF$120.27
Days on Market72
Property Features for 1706 & 1710 DECILOS DR
General Information
Property type
Residential Multi Family
Property subtype
Other
Interior features
Ceiling Fan(s), Smoke Alarm(s)
Appliances
Range, Refrigerator
Subdivision
DECILOS PHASE 2
Lot features
Curb & Gutter
Elementary school
LAMAR
Middle school
VELA
High school
HARLINGEN SOUTH
Elementary school district
HARLINGEN C.I.S.D.
Middle school district
HARLINGEN C.I.S.D.
High school district
HARLINGEN C.I.S.D.
Standard status
Active
Size
4,074 SF
Lot size
0.28 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
2018
Floors in Building
1
Number of units
4
Flooring type
Tile
Listing Agency:
EXP Realty, LLC
(888) 519-7431
Listed By:
Adela Capetillo · License #0719961
(956) 622-1307
Added: Aug 4
Changed: Sep 14
Last Checked: Oct 14 at 4:06AM
MLS# 29778465
Copyright © 2026 Rio Grande Valley Multiple Listing Service Inc. 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.
Completed in 2018, this quadplex includes 4,074 square feet across two duplex buildings positioned opposite one another. The property contains four two-bedroom, two-bath units, with tile flooring, ceiling fans, smoke alarms, ranges, and refrigerators. Heating and cooling are provided through central electric systems.
The 0.2785-acre property is near an expressway, Walmart, Harlingen South High School, and other everyday conveniences. Public water and public sewer serve the property, supporting its four-unit residential configuration.
The 0.2785-acre property is near an expressway, Walmart, Harlingen South High School, and other everyday conveniences. Public water and public sewer serve the property, supporting its four-unit residential configuration.
Key Highlights
- Four 2‑bedroom, 2‑bath units across two duplex buildings
- 4,074 square feet on a 0.2785‑acre parcel
- Built in 2018
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,611
Cap Rate
6.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$672,220
$672.2K
Cap Rate 7%
$480,157
$480.2K
Cap Rate 9%
$373,456
$373.5K
Market Conditions
NOI Build-Up for 4,074 SF
Gross rent
$51.3K $12.60/SF
− Vacancy
−$3.3K −$0.81/SF
EGI
$48.0K $11.79/SF
− OpEx
−$14.4K −$3.54/SF
NOI
$33.6K $8.25/SF
Area
Cameron County, TX
Vacancy
6.46%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$672,220
Cap Rate 7%
$480,157
Cap Rate 9%
$373,456
Alternative Uses
Best Use
Multifamily LT 5
$480.2K
$420.1K – $560.2K
NOI $33,611 @ 7.0% cap · market cap 6.86%
Second Best
Apartment 5plus
$440.3K
$385.3K – $513.7K
NOI $30,824 @ 7.0% cap · market cap 6.29%
Theoretical Best
Healthcare Medical
$701.5K
$613.8K – $818.4K
NOI $49,103 @ 7.0% cap · market cap 10.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
317
Businesses Nearby
Explore this area
Business Placement
Demographics for 78550, TX
56,038
Population
22,347
Households
2.5
Avg Household Size
35
Median Age
22%
College-Educated
77%
High-School Grad
94.2 sq mi
ZIP Area
595
Density / Sq Mi
$51,524
Median Household Income
$32,065
Median Earnings
$863
Median Rent
$120,500
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 - Two duplex buildings contain spacious two-bedroom, two-bath residences with tile flooring and central air conditioning.
Where is this quadplex located?
The property is located at 1706 & 1710 DECILOS DR Harlingen, TX.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: Four 2‑bedroom, 2‑bath units across two duplex buildings; 4,074 square feet on a 0.2785‑acre parcel; Built in 2018
