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Weslaco Fourplex Investment Opportunity

2108 Davenport Street Weslaco, TX 78596

Claim this Listing
For Sale
$430,000

MULTI_FAMILY - Weslaco, TX

Property size:
3,944 SF
Lot size:
0.23 Acres
Price / SF:
$109.03/SF
Added:
Mar 18, 2026
Days on Market:
119
Last Refresh:
Jul 14 at 4:06 am

Property Features for 2108 Davenport Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking
8
Parking features
Garage
Exterior features
Sprinkler System
Appliances
Electric Water Heater, Water Heater (Other Location), Dryer, Refrigerator, Stove/Range-Electric Smooth, Washer
Standard status
Active
APN
A144500000001300
Size
3,944 SF
Lot size
0.23 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
9859

Utilities

Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Water source
Public

Building Details

Year built
2022
Floors in Building
1
Number of units
10
Building materials
Brick
Roof type
Shingle

Listing agent Gustavo Figueroa License #602632

Listing office RE/MAX elite 2575 E Griffin Parkway, Suite 14 Suite 14, Mission, TX

Listing date Mar 18, 2026

MLS# 498102 Listing URL

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.


Investment Insights

Based on property information with market context.

This property offers a great opportunity to own a fourplex in a growing area of Weslaco. The property consists of two units with 3 bedrooms and 2 bathrooms each, and two units with 2 bedrooms and 2 bathrooms each. Each unit features a functional layout with comfortable living space, spacious bedrooms, and private bathrooms. The property is ideal for investors looking to generate steady rental income. Its location is convenient to shopping, dining, schools, and major roadways, making it attractive for tenants. The property size is 3,944 square feet, situated on a lot of 0.2342 acres.

Key Highlights

  • 2022‑built fourplex with brick construction and shingle roof
  • Unit mix includes two 3‑bedroom, 2‑bath units and two 2‑bedroom, 2‑bath units
  • Central air cooling with electric heating and central electric cooling

Local 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 $55.4k $14.04
− Vacancy −$6.1k −$1.55
EGI $49.3k $12.49
− OpEx −$14.8k −$3.75
NOI $34.5k $8.74
3,944 SF · lease $14.04/SF/yr · vacancy 11.02% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$492.7K
$431.1K – $574.8K (±1% cap)
NOI $34,490 @ 7.0% cap · market cap 8.02%
Second Best
Apartment 5plus
$453.6K
$396.9K – $529.3K (±1% cap)
NOI $31,755 @ 7.0% cap · market cap 7.38%
Theoretical Best
Hotel Hospitality
$2.97M
$2.60M – $3.47M (±1% cap)
NOI $207,947 @ 7.0% cap · market cap 48.36%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Parking Lot & Garage Carpet & Flooring Store Real Estate Agency Home Appliance Store (Bike/Boat/Book/etc) Store Electrical Service (Bike/Boat/Book/etc) Store Pet Store (Bike/Boat/Book/etc) Store Fish Market

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Fourplex in Weslaco with strong rental income potential.
Where is this quadplex located?
The property is located at 2108 Davenport Street Weslaco, TX.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: 2022‑built fourplex with brick construction and shingle roof; Unit mix includes two 3‑bedroom, 2‑bath units and two 2‑bedroom, 2‑bath units; Central air cooling with electric heating and central electric cooling
Contact an agent
More about this property
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