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    Weslaco Triplex Investment Opportunity Title is generated by Realmo AI

    2109 Davenport Street, Weslaco, TX 78596

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    Claim this Listing
    For Sale
    $364,900

    MULTI_FAMILY - Weslaco, TX

    Property size:
    3,161 SF
    Lot size:
    0.24 Acres
    Price / SF:
    $115/SF
    Added:
    Jun 27, 2026
    Days on Market:
    11
    Last Refresh:
    Jul 7 at 9:06 pm

    Property Features for 2109 Davenport Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking
    8
    Parking features
    Garage, Other
    Patio and Porch features
    Patio
    Exterior features
    Sprinkler System
    Appliances
    Electric Water Heater, Dryer, Microwave, Oven-Single, Stove/Range-Electric Smooth, Washer
    Standard status
    Active
    APN
    A144500000001200
    Size
    3,161 SF
    Lot size
    0.24 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    8216

    Utilities

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

    Building Details

    Year built
    2021
    Floors in Building
    1
    Number of units
    3
    Building materials
    Stucco
    Roof type
    Composition

    We can help!

    Contact an agent
    Preshina Samtani

    Listing agent Preshina Samtani

    Listing office Key Realty 4907 S Jackson Road, Edinburg, TX

    Listing date Jun 27, 2026

    MLS# 500367 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.

    HighLights

    • Fully rented triplex built in 2021 with one 2BR/2BA unit and two 3BR/2BA units
    • Each unit includes stove, refrigerator, microwave, washer, and dryer
    • Central air and electric heating throughout
    • Private patio provided for each unit
    • Garage parking plus sprinkler system
    • Public water and composition roof; stucco exterior

    Overview

    This fully rented triplex presents a great investment opportunity. The property is located near the expressway, an elementary school, a city park, and the medical district. The property features one 2-bedroom, 2-bath unit and two 3-bedroom, 2-bath units. Each unit includes a stove, refrigerator, microwave, washer, and dryer. All units also include a private patio. The property size is 3161 square feet and the lot size is 0.2427 acres.

    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 $44.4k $14.04
    − Vacancy −$4.9k −$1.55
    EGI $39.5k $12.49
    − OpEx −$11.8k −$3.75
    NOI $27.6k $8.74
    3,161 SF · lease $14.04/SF/yr · vacancy 11.02% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $394.9K
    $345.5K – $460.7K (±1% cap)
    NOI $27,643 @ 7.0% cap · market cap 7.58%
    Second Best
    Apartment 5plus
    $363.6K
    $318.1K – $424.2K (±1% cap)
    NOI $25,451 @ 7.0% cap · market cap 6.97%
    Theoretical Best
    Hotel Hospitality
    $2.38M
    $2.08M – $2.78M (±1% cap)
    NOI $166,664 @ 7.0% cap · market cap 45.67%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Electrical Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store Home Appliance Store Computer & Electronic Repair (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Weslaco
    County
    Hidalgo
    State
    Texas
    Longitude
    -97.971182
    Latitude
    26.16065

    FAQs

    What type of property is this?
    Triplex - Fully rented triplex near expressway, school, park, and medical district.
    Where is this triplex located?
    The property is located at 2109 Davenport Street Weslaco, TX.
    What is the asking price?
    The asking price for this property is $364,900.
    What are key features of this property?
    This property features: Fully rented triplex built in 2021 with one 2BR/2BA unit and two 3BR/2BA units; Each unit includes stove, refrigerator, microwave, washer, and dryer; Central air and electric heating throughout
    More about this property
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