New Duplex With Fenced
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 Market11
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
(956) 215-1125
Listed By:
Claudia Hortencia Perez Maldonado · License #801071291
Source:
Tnt
Added: Aug 22
Changed: Aug 28
Last Checked: Aug 31 at 1:09PM
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
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.
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 = 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
$19,064
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
6.38%
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%
$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
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
$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 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%
$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
NOI $19,064 @ 7.0% cap · market cap 6.38%
Second Best
Apartment 5plus
$250.7K
$219.4K – $292.5K
NOI $17,552 @ 7.0% cap · market cap 5.87%
Theoretical Best
Hotel Hospitality
$1.64M
$1.44M – $1.92M
NOI $114,941 @ 7.0% cap · market cap 38.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
39
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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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
