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Four-Unit Multifamily Property
For Sale
$520,000

2505 Sage Drive, Weslaco, TX 78596

Residential Income, Weslaco, TX

Property Size4,400 SF
Lot Size0.25 Acres
Price / SF$118.18
Days on Market104

Property Features for 2505 Sage Drive

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Property condition Under Construction
Fencing Privacy
Appliances Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range-Electric Smooth, Washer
Subdivision Rio Stone Ph. 1
Lot features Professional Landscaping, Sidewalks
Elementary school Memorial
Middle school Central
High school Weslaco H.S.
Elementary school district Weslaco ISD
Middle school district Weslaco ISD
High school district Weslaco ISD
Directions Located inside Rio Stone Subdivision Phase 1 on Sage Drive. From Expressway 83 go south on S. Milanos Road until you pass Mile 6 1/2 N. Sage Dr will be the 1st street to your right. Go straight, destination will be to your left.
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
HOA Fee $500 Annually

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 Agency: SANETI Realty Group
Listed By: Claudia Hortencia Perez Maldonado · License #801071291
Added: Jul 4 Changed: Sep 7 Last Checked: Oct 15 at 12:06PM
MLS# 508724

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 4,400-square-foot quadplex is under construction with an anticipated 2026 completion. Each residence includes three bedrooms and two bathrooms, along with wood-look tile flooring, quartz countertops, walk-in closets, and private bathrooms featuring a tub and walk-in shower. Central heating and central air are planned, with stone and stucco construction, composition roofing, and privacy fencing.

The units include electric ranges, refrigerators, microwaves, washers, dryers, and electric water heaters. Each residence also has two covered carports, a private patio, grass, and a sprinkler system. Separate water and electric meters serve the units, while public water is available. The property is located in Weslaco, Texas, on a 0.2475-acre site.

Key Highlights

  • 4,400‑square‑foot quadplex under construction with 2026 year built
  • Each unit includes 3 bedrooms and 2 bathrooms
  • Two covered carports provided per unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$38,478
Cap Rate
7.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$769,560 $769.6K
Cap Rate 7%
$549,686 $549.7K
Cap Rate 9%
$427,533 $427.5K
Market Conditions
NOI Build-Up for 4,400 SF
Gross rent
$61.8K $14.04/SF
− Vacancy
−$6.8K −$1.55/SF
EGI
$55.0K $12.49/SF
− OpEx
−$16.5K −$3.75/SF
NOI
$38.5K $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%
$769,560
Cap Rate 7%
$549,686
Cap Rate 9%
$427,533

Alternative Uses

Best Use
Multifamily LT 5
$549.7K
$481.0K – $641.3K (±1% cap)
NOI $38,478 @ 7.0% cap · market cap 7.40%
Second Best
Apartment 5plus
$506.1K
$442.8K – $590.4K (±1% cap)
NOI $35,426 @ 7.0% cap · market cap 6.81%
Theoretical Best
Hotel Hospitality
$3.31M
$2.90M – $3.87M (±1% cap)
NOI $231,990 @ 7.0% cap · market cap 44.61%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Quadplexes

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

620
Businesses Nearby

Demographics for 78596, TX

37,329
Population
15,824
Households
2.4
Avg Household Size
36
Median Age
21%
College-Educated
75%
High-School Grad
40.1 sq mi
ZIP Area
931
Density / Sq Mi
$53,797
Median Household Income
$31,618
Median Earnings
$917
Median Rent
$92,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Under-construction residential income property with furnished units, private outdoor areas, and covered parking for each residence.
Where is this quadplex located?
The property is located at 2505 Sage Drive Weslaco, TX.
What is the asking price?
The asking price for this property is $520,000.
What are key features of this property?
This property features: 4,400‑square‑foot quadplex under construction with 2026 year built; Each unit includes 3 bedrooms and 2 bathrooms; Two covered carports provided per unit
More about this property
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