Gated
For Sale
$465,000
1908 Harrison St, Weslaco, TX 78599
Four residential units offer updated interiors, private entries, in-unit laundry connections, and assigned parking within a gated community.
Property Size4,200 SF
Price / SF$110.71
Days on Market94
Property Features for 1908 Harrison St
General Information
Standard status
Active
Size
4,200 SF
Total Parking Spaces
8
Property subtype
Multi-Family
Units
Unit Mix
4 x 2BR/2BA
Multifamily Units
4
Additional Details
Highway Access
Yes
Amenities
gated community
in-unit washer/dryer
private entrance
Building Details
Year Built
2018
Buildings
1
Listing Agency:
BIG Realty
Listed By:
Jose L. Aguilar · License #801067795
(956) 624-1891
Source:
Aregtx
Added: Aug 3
Changed: Oct 25
Last Checked: Nov 3 at 12:51PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BIG Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2018, this 4,200-square-foot quadplex contains four two-bedroom, two-bathroom units. Each residence has an open living arrangement, a kitchen with granite counters, custom cabinetry, stainless steel appliances, and included refrigerator and stove. Generous closets, contemporary bathroom finishes, private entrances, and washer and dryer connections are provided throughout. Washers and dryers are also included.
The property is located within the gated Villages at Westgate community at 1908 Harrison St in Weslaco. Each unit has two assigned parking spaces, providing eight spaces across the property. Expressway 83, shopping, restaurants, and schools are located minutes away.
The property is located within the gated Villages at Westgate community at 1908 Harrison St in Weslaco. Each unit has two assigned parking spaces, providing eight spaces across the property. Expressway 83, shopping, restaurants, and schools are located minutes away.
Key Highlights
- Four 2‑bedroom, 2‑bathroom units in a quadplex configuration
- 4,200 SF property built in 2018
- Gated Villages at Westgate community in Weslaco, TX
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,729
Cap Rate
7.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$734,580
$734.6K
Cap Rate 7%
$524,700
$524.7K
Cap Rate 9%
$408,100
$408.1K
Market Conditions
NOI Build-Up for 4,200 SF
Gross rent
$59.0K $14.04/SF
− Vacancy
−$6.5K −$1.55/SF
EGI
$52.5K $12.49/SF
− OpEx
−$15.7K −$3.75/SF
NOI
$36.7K $8.74/SF
Area
Hidalgo County, TX
Vacancy
11.02%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$734,580
Cap Rate 7%
$524,700
Cap Rate 9%
$408,100
Alternative Uses
Best Use
Multifamily LT 5
$524.7K
$459.1K – $612.2K
NOI $36,729 @ 7.0% cap · market cap 7.90%
Second Best
Apartment 5plus
$483.1K
$422.7K – $563.6K
NOI $33,816 @ 7.0% cap · market cap 7.27%
Theoretical Best
Hotel Hospitality
$3.16M
$2.77M – $3.69M
NOI $221,445 @ 7.0% cap · market cap 47.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
218
Businesses Nearby
Explore this area
Business Placement
Demographics for 78599, TX
32,500
Population
9,945
Households
3.3
Avg Household Size
29
Median Age
16%
College-Educated
67%
High-School Grad
26.5 sq mi
ZIP Area
1,226
Density / Sq Mi
$55,939
Median Household Income
$27,841
Median Earnings
$954
Median Rent
$113,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units offer updated interiors, private entries, in-unit laundry connections, and assigned parking within a gated community.
Where is this quadplex located?
The property is located at 1908 Harrison St Weslaco, TX.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: Four 2‑bedroom, 2‑bathroom units in a quadplex configuration; 4,200 SF property built in 2018; Gated Villages at Westgate community in Weslaco, TX
