Two-Unit Duplex with Private
2812 Bald Cypress Drive, Weslaco, TX 78596
For Sale
$299,000
Residential Income, Weslaco, TX
Property Size2,180 SF
Lot Size0.15 Acres
Price / SF$137.16
Days on Market87
Property Features for 2812 Bald Cypress Drive
General Information
Property type
Property subtype
Property condition
Parking features
Exterior features
Fencing
Appliances
Subdivision
Lot features
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
HOA Fee
Utilities
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Building materials
Roof type
Listing Agency:
SANETI Realty Group
(956) 833-1850
Listed By:
Claudia Hortencia Perez Maldonado · License TX #801071291
(956) 332-0777
Added: Aug 20
Changed: Nov 13
Last Checked: Nov 14 at 10:06AM
MLS# 513131
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,180-square-foot duplex is under construction on a 0.1482-acre lot. Its two residences are planned with three bedrooms and two full bathrooms apiece, along with a stove, refrigerator, washer, and dryer. Stucco exterior construction, shingle roofing, privacy fencing, and a sprinkler system are specified. Central electric heating and air conditioning are included, and the property is scheduled for completion in approximately four weeks.
A completed unit with the same layout and finishes is available to view as a reference. The duplex is located in Weslaco, Texas.
A completed unit with the same layout and finishes is available to view as a reference. The duplex is located in Weslaco, Texas.
Key Highlights
- Two units, each planned with 3 bedrooms and 2 full bathrooms
- 2,180 square feet on a 0.1482‑acre lot
- Under construction, with completion anticipated in approximately 4 weeks
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
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
Office A
$766.9K
$671.0K – $894.7K
NOI $53,680 @ 7.0% cap · market cap 17.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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
$92,800
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Hidalgo County, TX
Properties on Market for Duplexes in Hidalgo County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has three bedrooms, two full bathrooms, and a private patio.
Where is this duplex located?
The property is located at 2812 Bald Cypress Drive 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 units, each planned with 3 bedrooms and 2 full bathrooms; 2,180 square feet on a 0.1482‑acre lot; Under construction, with completion anticipated in approximately 4 weeks
