Three-Unit Residential
For Sale
$250,000
419 N 8th Street, Donna, TX 78537
Three two-bedroom homes share one property, with recent roof replacement and a water heater update in Unit C.
Property Size2,190 SF
Price / SF$114.16
Days on Market9
Property Features for 419 N 8th Street
General Information
Standard status
Active
Size
2,190 SF
Property subtype
Multi Family Home
Units
Unit Mix
3 x 2BR/1BA
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$5,275
Building Details
Building Size
2,190 SF
Year Built
1997
Buildings
1
Stories
1
Units
3
Listing Agency:
Cultura Real Estate
(956) 803-0341
Listed By:
Tanya Chapa Villarreal
(956) 933-4660
Source:
Culturare
Added: Oct 16
Changed: Oct 23
Last Checked: Oct 23 at 4:22PM
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 Cultura Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This residential income property contains three units, each configured with two bedrooms and one bathroom. The building totals 2,190 square feet and was constructed in 1997. The roof was replaced in 2024, and Unit C received a new water heater in January 2026.
The property is at 419 N 8th Street in Donna, Texas.
The property is at 419 N 8th Street in Donna, Texas.
Key Highlights
- Three units, each with 2 bedrooms and 1 bathroom
- 2,190‑square‑foot building constructed in 1997
- Roof replaced in 2024
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,151
Cap Rate
7.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$383,020
$383.0K
Cap Rate 7%
$273,586
$273.6K
Cap Rate 9%
$212,789
$212.8K
Market Conditions
NOI Build-Up for 2,190 SF
Gross rent
$30.7K $14.04/SF
− Vacancy
−$3.4K −$1.55/SF
EGI
$27.4K $12.49/SF
− OpEx
−$8.2K −$3.75/SF
NOI
$19.2K $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%
$383,020
Cap Rate 7%
$273,586
Cap Rate 9%
$212,789
Alternative Uses
Best Use
Multifamily LT 5
$273.6K
$239.4K – $319.2K
NOI $19,151 @ 7.0% cap · market cap 7.66%
Second Best
Apartment 5plus
$251.9K
$220.4K – $293.9K
NOI $17,633 @ 7.0% cap · market cap 7.05%
Theoretical Best
Hotel Hospitality
$1.65M
$1.44M – $1.92M
NOI $115,468 @ 7.0% cap · market cap 46.19%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
519
Businesses Nearby
Explore this area
Business Placement
Demographics for 78537, TX
51,962
Population
16,683
Households
3.1
Avg Household Size
28
Median Age
10%
College-Educated
54%
High-School Grad
57.6 sq mi
ZIP Area
902
Density / Sq Mi
$36,331
Median Household Income
$20,354
Median Earnings
$744
Median Rent
$74,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three two-bedroom homes share one property, with recent roof replacement and a water heater update in Unit C.
Where is this triplex located?
The property is located at 419 N 8th Street Donna, TX.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Three units, each with 2 bedrooms and 1 bathroom; 2,190‑square‑foot building constructed in 1997; Roof replaced in 2024
