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New Duplex With Fenced Yard
For Sale
$299,000

2708 Bald Cypress, Weslaco, TX 78596

Two three-bedroom units include full baths, appliances, private outdoor space, and designated vehicle parking.

Property Size2,180 SF
Price / SF$137.16
Days on Market56

Property Features for 2708 Bald Cypress

General Information

Standard status Active
Size 2,180 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2
Parking per Unit 3

Building Details

Year Built 2026
Listing Agency: Saneti Realty Group
Listed By: Claudia Hortencia Perez Maldonado · License #801071291
Source: Tnt
Added: Aug 22 Changed: Oct 13 Last Checked: Oct 16 at 6:15AM

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 Saneti Realty Group

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Investment Insights

Based on property information with market context.

This 2,180-square-foot duplex is scheduled for completion in approximately 4 weeks and is designed as two matching residential units. Each unit offers three bedrooms and two full bathrooms, along with a stove, refrigerator, washer, and dryer. The property is planned to be fully fenced, with a spacious yard and parking for up to three vehicles per unit.

A completed unit with the same design is available to demonstrate the proposed layout, room proportions, and finishes. The property is located at 2708 Bald Cypress in Weslaco, Texas, with a 2026 construction year identified.

Key Highlights

  • Two‑unit duplex totaling 2,180 square feet
  • Each unit has 3 bedrooms and 2 full bathrooms
  • Stove, refrigerator, washer, and dryer included in each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,064
Cap Rate
6.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$381,280 $381.3K
Cap Rate 7%
$272,343 $272.3K
Cap Rate 9%
$211,822 $211.8K
Market Conditions
NOI Build-Up for 2,180 SF
Gross rent
$30.6K $14.04/SF
− Vacancy
−$3.4K −$1.55/SF
EGI
$27.2K $12.49/SF
− OpEx
−$8.2K −$3.75/SF
NOI
$19.1K $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%
$381,280
Cap Rate 7%
$272,343
Cap Rate 9%
$211,822

Alternative Uses

Best Use
Multifamily LT 5
$272.3K
$238.3K – $317.7K (±1% cap)
NOI $19,064 @ 7.0% cap · market cap 6.38%
Second Best
Apartment 5plus
$250.7K
$219.4K – $292.5K (±1% cap)
NOI $17,552 @ 7.0% cap · market cap 5.87%
Theoretical Best
Hotel Hospitality
$1.64M
$1.44M – $1.92M (±1% cap)
NOI $114,941 @ 7.0% cap · market cap 38.44%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Spa & Massage Center HVAC Service Auto Parts Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

39
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

Frequently Asked Questions

What type of property is this?
Duplex - Two three-bedroom units include full baths, appliances, private outdoor space, and designated vehicle parking.
Where is this duplex located?
The property is located at 2708 Bald Cypress Weslaco, TX.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 2,180 square feet; Each unit has 3 bedrooms and 2 full bathrooms; Stove, refrigerator, washer, and dryer included in each unit
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