Quadplex with Clay Tile
For Sale
$330,000
604 Buena Vista Drive, Weslaco, TX 78596
MULTI_FAMILY - Weslaco, TX
Property Size3,132 SF
Lot Size0.17 Acres
Price / SF$105.36
Days on Market47
Property Features for 604 Buena Vista Drive
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Parking
2
Parking features
Garage
Exterior features
Mature Trees
Fencing
Chain Link
Appliances
Electric Water Heater, Water Heater (In Attic), Refrigerator, Stove/Range-Electric Coil
Subdivision
Buena Vista
Lot features
Mature Trees
Elementary school
Margo
Middle school
Central
High school
Weslaco East H.S.
Elementary school district
Weslaco ISD
Middle school district
Weslaco ISD
High school district
Weslaco ISD
Directions
From E Expressway 83/U.S. 83 Frontage rd. Turn right (South) onto N Bridge Ave. then right onto E 18th St. Then take a left on Oregon and left to Buena Vista lot 3
Standard status
Active
APN
B505500000000300
Size
3,132 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6321
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Building Details
Year built
2007
Floors in Building
1
Number of units
4
Building materials
Stucco
Roof type
Tile
Listing Agency:
RE/MAX elite · RE/MAX International
(956) 583-2100
Listed By:
Cecilia Gonzales · License #767526
(956) 854-1444
Added: Jun 17
Changed: Jul 30
Last Checked: Aug 2 at 3:06PM
MLS# 507533
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.
This quadplex at 604 Buena Vista Drive consists of four separate 2-bedroom, 2-bath units. Each unit includes washer and dryer connection hookups and provides two parking spaces. The building is described as having clay tile roofs designed to mimic villa-style architecture, creating a distinctive residential look. Separate water and electric meters are provided for each unit, which can simplify utility management and billing.
Located in Weslaco, Texas, the property is off 18th St and positioned within minutes of everyday and community amenities, including a Neighborhood Walmart, a gas station, Harlon Block Sports Complex, Starbucks, Memorial and Margo Elementary, Downtown, and local hospitals. The remarks also note it is about 10 minutes from the expressway, supporting tenant convenience for commutes and errands.
For investors or owner-operators, the four-unit configuration offers the option to diversify unit income within a single asset, while each unit’s layout and parking support everyday tenant needs. With washer/dryer hookups in every unit and separate utilities, the property is set up for practical, tenant-focused operations. The listing states the current income streams reflect an approximately 7% cap rate. Schedule your private tour to review the units and confirm details.
Located in Weslaco, Texas, the property is off 18th St and positioned within minutes of everyday and community amenities, including a Neighborhood Walmart, a gas station, Harlon Block Sports Complex, Starbucks, Memorial and Margo Elementary, Downtown, and local hospitals. The remarks also note it is about 10 minutes from the expressway, supporting tenant convenience for commutes and errands.
For investors or owner-operators, the four-unit configuration offers the option to diversify unit income within a single asset, while each unit’s layout and parking support everyday tenant needs. With washer/dryer hookups in every unit and separate utilities, the property is set up for practical, tenant-focused operations. The listing states the current income streams reflect an approximately 7% cap rate. Schedule your private tour to review the units and confirm details.
Key Highlights
- 4‑unit multifamily in Weslaco, TX; all units are 2 bed, 2 bath
- Washer and dryer connections in each unit
- Separate electric and water meters (each unit metered separately)
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 | $44.0k | $14.04 |
| − Vacancy | −$4.8k | −$1.55 |
| EGI | $39.1k | $12.49 |
| − OpEx | −$11.7k | −$3.75 |
| NOI | $27.4k | $8.74 |
3,132 SF · lease $14.04/SF/yr · vacancy 11.02% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$391.3K
$342.4K – $456.5K
NOI $27,389 @ 7.0% cap · market cap 8.30%
Second Best
Apartment 5plus
$360.2K
$315.2K – $420.3K
NOI $25,217 @ 7.0% cap · market cap 7.64%
Theoretical Best
Hotel Hospitality
$2.36M
$2.06M – $2.75M
NOI $165,135 @ 7.0% cap · market cap 50.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
130
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?
Quadplex - Four 2-bed, 2-bath units with washer/dryer hookups and separate water and electric meters.
Where is this quadplex located?
The property is located at 604 Buena Vista Drive Weslaco, TX.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: 4‑unit multifamily in Weslaco, TX; all units are 2 bed, 2 bath; Washer and dryer connections in each unit; Separate electric and water meters (each unit metered separately)
