2-Unit Duplex with Fenced
New
For Sale
$330,000
2609 Bald Cypress, Weslaco, TX 78599
Each residence offers a three-bedroom, two-bathroom layout with an open-concept living area and a private backyard.
Property Size2,500 SF
Price / SF$132
Days on Market2
Property Features for 2609 Bald Cypress
General Information
Standard status
Active
Size
2,500 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Amenities
private fenced backyards
Building Details
Year Built
2026
Listing Agency:
Ursa Real Estate
Listed By:
Cesar Felix · License #801068824
(956) 648-2918
Source:
Tnt
Added: Oct 2
Changed: Oct 3
Last Checked: Oct 3 at 2:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ursa Real Estate
Investment Insights
Based on property information with market context.
Built in 2026, this duplex contains 2,500 square feet across two residences of 1,250 square feet each. Both units have three bedrooms, two bathrooms, an open-concept layout, and a fenced private backyard.
The property is near Expressway 83, shopping, dining, medical facilities, and the 16 Mile Hike & Bike Trail. Weslaco ISD schools serve the area.
The property is near Expressway 83, shopping, dining, medical facilities, and the 16 Mile Hike & Bike Trail. Weslaco ISD schools serve the area.
Key Highlights
- Two residences, each with 1,250 square feet
- Each unit includes 3 bedrooms and 2 bathrooms
- 2,500 total square feet
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$21,862
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.62%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$437,240
$437.2K
Cap Rate 7%
$312,314
$312.3K
Cap Rate 9%
$242,911
$242.9K
Market Conditions
NOI Build-Up for 2,500 SF
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.
Gross rent
$35.1K $14.04/SF
− Vacancy
−$3.9K −$1.55/SF
EGI
$31.2K $12.49/SF
− OpEx
−$9.4K −$3.75/SF
NOI
$21.9K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$437,240
Cap Rate 7%
$312,314
Cap Rate 9%
$242,911
Alternative Uses
Best Use
Multifamily LT 5
$312.3K
$273.3K – $364.4K
NOI $21,862 @ 7.0% cap · market cap 6.62%
Second Best
Apartment 5plus
$287.6K
$251.6K – $335.5K
NOI $20,129 @ 7.0% cap · market cap 6.10%
Theoretical Best
Hotel Hospitality
$1.88M
$1.65M – $2.20M
NOI $131,813 @ 7.0% cap · market cap 39.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
41
Businesses Nearby
Explore this area
Business Placement
Demographics for 78599, TX
32,500
Population
9,945
Households
3.3
Avg Household Size
29
Median Age
16%
College-Educated
67%
High-School Grad
26.5 sq mi
ZIP Area
1,226
Density / Sq Mi
$55,939
Median Household Income
$27,841
Median Earnings
$954
Median Rent
$113,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers a three-bedroom, two-bathroom layout with an open-concept living area and a private backyard.
Where is this duplex located?
The property is located at 2609 Bald Cypress Weslaco, TX.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Two residences, each with 1,250 square feet; Each unit includes 3 bedrooms and 2 bathrooms; 2,500 total square feet
