Well-Maintained 4-Plex
For Sale
$439,000
2000 W Harrison St, Weslaco, TX 78559
Four move-in-ready units with in-unit kitchen and laundry room appliances, including two 3-bed/2-bath and two 2-bed/2-bath layouts.
Property Size4,181 SF
Price / SF$104
Days on Market112
Property Features for 2000 W Harrison St
General Information
Standard status
Active
Size
4,181 SF
Property subtype
Multi-Family
Building Details
Year Built
2019
Listing Agency:
Realty One Group, Modern Edge
Listed By:
Connie Uribe · License #TREC#0703309
(956) 908-0325
Source:
Aregtx
Added: Jul 9
Changed: Oct 26
Last Checked: Oct 7 at 3:05PM
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 Realty One Group, Modern Edge
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Investment Insights
Based on property information with market context.
This well-maintained 4-plex features four spacious, move-in-ready units. Two units offer 3 bedrooms and 2 bathrooms, while the other two offer 2 bedrooms and 2 bathrooms. The property is presented as pride-of-ownership and includes kitchen and laundry room appliances in each unit. The floor plans are designed to provide comfortable living spaces with a contemporary blend of style.
The property is located within the gated Villages at Westgate community in Weslaco, Texas. It is described as being conveniently positioned near restaurants, shopping, and an expressway, supporting easy access for day-to-day commuting.
Each unit is highlighted as well maintained, with all appliances included, making the building suited for buyers seeking an income-producing multifamily property with ready-to-occupy units.
The property is located within the gated Villages at Westgate community in Weslaco, Texas. It is described as being conveniently positioned near restaurants, shopping, and an expressway, supporting easy access for day-to-day commuting.
Each unit is highlighted as well maintained, with all appliances included, making the building suited for buyers seeking an income-producing multifamily property with ready-to-occupy units.
Key Highlights
- 2019‑built 4‑plex in the gated Villages at Westgate community in Weslaco
- Four move‑in‑ready units with kitchen and laundry room appliances included
- Unit mix: two 3 bed/2 bath units plus two 2 bed/2 bath units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,494
Cap Rate
7.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$689,880
$689.9K
Cap Rate 7%
$492,771
$492.8K
Cap Rate 9%
$383,267
$383.3K
Market Conditions
NOI Build-Up for 4,181 SF
Gross rent
$52.7K $12.60/SF
− Vacancy
−$3.4K −$0.81/SF
EGI
$49.3K $11.79/SF
− OpEx
−$14.8K −$3.54/SF
NOI
$34.5K $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%
$689,880
Cap Rate 7%
$492,771
Cap Rate 9%
$383,267
Alternative Uses
Best Use
Multifamily LT 5
$492.8K
$431.2K – $574.9K
NOI $34,494 @ 7.0% cap · market cap 7.86%
Second Best
Apartment 5plus
$451.9K
$395.4K – $527.2K
NOI $31,633 @ 7.0% cap · market cap 7.21%
Theoretical Best
Healthcare Medical
$719.9K
$629.9K – $839.9K
NOI $50,393 @ 7.0% cap · market cap 11.48%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
218
Businesses Nearby
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Business Placement
Demographics for 78559, TX
12,533
Population
5,047
Households
2.5
Avg Household Size
37
Median Age
14%
College-Educated
72%
High-School Grad
36.3 sq mi
ZIP Area
345
Density / Sq Mi
$48,117
Median Household Income
$31,927
Median Earnings
$985
Median Rent
$99,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four move-in-ready units with in-unit kitchen and laundry room appliances, including two 3-bed/2-bath and two 2-bed/2-bath layouts.
Where is this quadplex located?
The property is located at 2000 W Harrison St Weslaco, TX.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: 2019‑built 4‑plex in the gated Villages at Westgate community in Weslaco; Four move‑in‑ready units with kitchen and laundry room appliances included; Unit mix: two 3 bed/2 bath units plus two 2 bed/2 bath units
