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Quadplex Under Construction
For Sale
$499,000

2705 Robin Road, Weslaco, TX 78596

MULTI_FAMILY - Weslaco, TX

Property Size4,502 SF
Lot Size0.23 Acres
Price / SF$110.84
Days on Market46

Property Features for 2705 Robin Road

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Parking 8
Parking features None
Exterior features Sprinkler System
Appliances Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range-Electric Smooth, Washer
Subdivision Pike Terrace
Lot features Sidewalks, Sprinkler System
Elementary school Cleckler-Heald
Middle school Beatrize Garza
High school Weslaco H.S.
Elementary school district Weslaco ISD
Middle school district Weslaco ISD
High school district Weslaco ISD
Directions Corner of Milanos Rd and Pike Blvd
Standard status Active
APN P677500000005000
Size 4,502 SF
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 3032
HOA Fee $600 Annually

Utilities

Heating system Central
Cooling system Central Air
Water source Public

Amenities

gated community

Building Details

Year built 2026
Floors in Building 1
Number of units 4
Building materials Stucco
Roof type Shingle
Listing Agency: Key Realty
Listed By: Sabita Mahtani
Added: Jun 15 Changed: Jul 30 Last Checked: Jul 30 at 1:06PM
MLS# 476767

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.

Newly built quadplex in Weslaco, currently under construction and expected to be completed in approximately 3 months. The four-unit configuration includes two units with 2 bedrooms and 2 bathrooms, and two units with 3 bedrooms and 2 bathrooms. Interiors are described with modern tile flooring, a kitchen large island, high-end cabinets, quartz countertops throughout, and LED lighting. Bedroom and bath details include a large walk-in closet and a glass shower door in the main bathroom. Construction materials are listed as stucco with a shingle roof.

The property is situated on the corner of Pike Blvd and Milano Rd in the PIKE TERRACE gated community. Exterior features include a sprinkler system. Utilities are listed with public water service, and comfort systems include central heating and central air. Appliances noted include an electric water heater, microwave, refrigerator, stove/range-electric smooth, washer, and dryer. Parking is listed as none.

Key Highlights

  • Under construction with completion estimated in approximately 3 months
  • Fourplex unit mix: two 2BR/2BA and two 3BR/2BA
  • Corner location in the PIKE TERRACE gated community on Pike Blvd and Milano Rd

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 $63.2k $14.04
− Vacancy −$7.0k −$1.55
EGI $56.2k $12.49
− OpEx −$16.9k −$3.75
NOI $39.4k $8.74
4,502 SF · lease $14.04/SF/yr · vacancy 11.02% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$562.4K
$492.1K – $656.2K (±1% cap)
NOI $39,370 @ 7.0% cap · market cap 7.89%
Second Best
Apartment 5plus
$517.8K
$453.1K – $604.1K (±1% cap)
NOI $36,248 @ 7.0% cap · market cap 7.26%
Theoretical Best
Hotel Hospitality
$3.39M
$2.97M – $3.96M (±1% cap)
NOI $237,368 @ 7.0% cap · market cap 47.57%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Quadplexes

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

833
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Newly built fourplex in Weslaco with four units and central HVAC, on a small lot with sprinkler system.
Where is this quadplex located?
The property is located at 2705 Robin Road Weslaco, TX.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Under construction with completion estimated in approximately 3 months; Fourplex unit mix: two 2BR/2BA and two 3BR/2BA; Corner location in the PIKE TERRACE gated community on Pike Blvd and Milano Rd
More about this property
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