2505 Sage Drive, Weslaco, TX 78596
MULTI_FAMILY - Weslaco, TX
- Added:
- Jul 4, 2026
- Days on Market:
- 5
- Last Refresh:
- Jul 8 at 11:06 pm
Property Features for 2505 Sage Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Fencing
- Privacy
- Appliances
- Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range-Electric Smooth, Washer
- Standard status
- Active
- APN
- R314801000002400
- Size
- 4,400 SF
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 500
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2026
- Floors in Building
- 1
- Number of units
- 4
- Building materials
- Stone, Stucco
- Roof type
- Composition
Listing agent Claudia Hortencia Perez Maldonado (956) 332-0777
Listing office SANETI Realty Group 2520a Buddy Owens Blvd, McAllen, TX (956) 833-1850
Listing date Jul 4, 2026
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
- Brand‑new multi‑unit property under construction, built in 2026
- Each unit features 3 bedrooms and 2 bathrooms
- Modern interior finish package includes wood‑look tile flooring and quartz countertops
- Each unit has walk‑in closets and private bathrooms with a tub and walk‑in shower
- Appliances included: electric stove/range, refrigerator, washer, and dryer
- Two covered carports per unit, plus private patios with grass and sprinkler systems; separate water and electric meters
Overview
The property provides two covered carports per unit and private patios with grass and sprinkler systems. Separate water and electric meters support independent utility billing across the units. The site sits on 0.2475 acres and totals 4,400 square feet.
This configuration is well suited for an operator seeking a turn-key, multi-unit residential asset with uniform unit layouts and in-unit amenities. The combination of private outdoor space, covered parking, and separate metering can help simplify day-to-day management for a small-scale portfolio. Because the units are newly constructed and offered fully equipped with major appliances, the property may appeal to buyers looking to minimize near-term leasing and furnishing requirements.
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 | $61.8k | $14.04 |
| − Vacancy | −$6.8k | −$1.55 |
| EGI | $55.0k | $12.49 |
| − OpEx | −$16.5k | −$3.75 |
| NOI | $38.5k | $8.74 |
Alternative Uses
Current Use by Public Records
Map
- City
- Weslaco
- County
- Hidalgo
- State
- Texas
- Longitude
- -97.98505
- Latitude
- 26.145279