Well-Maintained 4-Plex
2000 W Harrison Street Weslaco, TX 78559
For Sale
Contact for pricing
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$111.22
Days on Market18
Property Features for 2000 W Harrison Street
General Information
- Standard status
- Active
- Size
- 4,181 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2019
Listing Agency:
Realty One Group, Modern Edge
(956) 908-0325
Listed By:
Connie Uribe · License #TREC # 0703309
Source:
Crexi
Added: Jul 7
Changed: Jul 22
Last Checked: Jul 22 at 9:08AM
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
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 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 | $58.7k | $14.04 |
| − Vacancy | −$6.5k | −$1.55 |
| EGI | $52.2k | $12.49 |
| − OpEx | −$15.7k | −$3.75 |
| NOI | $36.6k | $8.74 |
4,181 SF · lease $14.04/SF/yr · vacancy 11.02% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$522.3K
$457.0K – $609.4K
NOI $36,563 @ 7.0% cap · market cap 7.86%
Second Best
Apartment 5plus
$480.9K
$420.8K – $561.1K
NOI $33,663 @ 7.0% cap · market cap 7.24%
Theoretical Best
Hotel Hospitality
$3.15M
$2.76M – $3.67M
NOI $220,443 @ 7.0% cap · market cap 47.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
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 Street 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: 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
