Remodeled
For Sale
$287,500
2110 De Leon Avenue, Donna, TX 78537
Residential Income, Donna, TX
Property Size3,000 SF
Lot Size0.12 Acres
Price / SF$95.83
Days on Market87
Property Features for 2110 De Leon Avenue
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Parking
7
Parking features
None
Fencing
Chain Link
Appliances
Electric Water Heater, Refrigerator, Stove/Range
Subdivision
Colonia Plaza
Elementary school
Guzman
Middle school
Todd
High school
Donna H.S.
Elementary school district
Donna ISD
Middle school district
Donna ISD
High school district
Donna ISD
Directions
From Expressway 83, exit south on Salinas Boulevard and continue into Donna. Turn east on De Leon Avenue, and the property at 2110 De Leon will be on your right-hand side.
Standard status
Active
APN
C765000002002600
Size
3,000 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6403
Utilities
Heating system
Electric (Heating)
Cooling system
Electric, Wall Unit(s)
Water source
Public
Building Details
Year built
1997
Floors in Building
2
Number of units
4
Building materials
Siding, Wood Siding
Roof type
Shingle
Listing Agency:
Keller Williams Realty RGV
(956) 928-1155
Listed By:
Maggie Harris · License #TREC#0530155
(956) 821-9990
Added: Jul 20
Changed: Sep 14
Last Checked: Oct 14 at 5:06PM
MLS# 504549
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.
Located at 2110 De Leon Avenue in Donna, Texas, this quadplex contains four two-bedroom residences within approximately 3,000 square feet. The units feature open-concept interiors and have been remodeled. Existing tenants occupy the property under 12-month leases, providing an established residential rental configuration.
The 0.1218-acre property is within walking distance of city parks and a short drive from schools, shopping, restaurants, and major highway access. Built in 1997, the building has siding and wood siding construction, a shingle roof, chain-link fencing, public water service, electric heating, and wall-unit cooling. Appliances include refrigerators, stoves/ranges, and an electric water heater. Parking is listed as none.
The 0.1218-acre property is within walking distance of city parks and a short drive from schools, shopping, restaurants, and major highway access. Built in 1997, the building has siding and wood siding construction, a shingle roof, chain-link fencing, public water service, electric heating, and wall-unit cooling. Appliances include refrigerators, stoves/ranges, and an electric water heater. Parking is listed as none.
Key Highlights
- Four‑unit quadplex with all 2‑bedroom residences
- Approximately 3,000 square feet on a 0.1218‑acre lot
- Remodeled interiors with open‑concept layouts
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,235
Cap Rate
9.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$524,700
$524.7K
Cap Rate 7%
$374,786
$374.8K
Cap Rate 9%
$291,500
$291.5K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$42.1K $14.04/SF
− Vacancy
−$4.6K −$1.55/SF
EGI
$37.5K $12.49/SF
− OpEx
−$11.2K −$3.75/SF
NOI
$26.2K $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%
$524,700
Cap Rate 7%
$374,786
Cap Rate 9%
$291,500
Alternative Uses
Best Use
Multifamily LT 5
$374.8K
$327.9K – $437.3K
NOI $26,235 @ 7.0% cap · market cap 9.13%
Second Best
Apartment 5plus
$345.1K
$301.9K – $402.6K
NOI $24,154 @ 7.0% cap · market cap 8.40%
Theoretical Best
Hotel Hospitality
$2.26M
$1.98M – $2.64M
NOI $158,175 @ 7.0% cap · market cap 55.02%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
426
Businesses Nearby
Explore this area
Business Placement
Demographics for 78537, TX
51,962
Population
16,683
Households
3.1
Avg Household Size
28
Median Age
10%
College-Educated
54%
High-School Grad
57.6 sq mi
ZIP Area
902
Density / Sq Mi
$36,331
Median Household Income
$20,354
Median Earnings
$744
Median Rent
$74,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units offer two-bedroom layouts, existing 12-month leases, and access to parks, schools, shopping, and highways.
Where is this quadplex located?
The property is located at 2110 De Leon Avenue Donna, TX.
What is the asking price?
The asking price for this property is $287,500.
What are key features of this property?
This property features: Four‑unit quadplex with all 2‑bedroom residences; Approximately 3,000 square feet on a 0.1218‑acre lot; Remodeled interiors with open‑concept layouts
