604 Buena Vista Drive, Weslaco, TX 78596
MULTI_FAMILY - Weslaco, TX
- Added:
- Jun 17, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 18 at 1:06 am
Property Features for 604 Buena Vista Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 2
- Parking features
- Carport, Garage
- Exterior features
- Mature Trees
- Fencing
- Chain Link
- Appliances
- Electric Water Heater, Water Heater (In Attic), Refrigerator, Stove/Range-Electric Coil
- 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
- Electric (Heating), Central
- 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 agent Cecilia Gonzales License #767526 (956) 854-1444
Listing office RE/MAX elite 2575 E Griffin Parkway, Suite 14 Suite 14, Mission, TX (956) 583-2100
Listing date Jun 17, 2026
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.
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)
- Parking includes 2 parking spaces per unit plus a carport and garage
- Central air and electric heating; roof is tile; stucco exterior; built in 2007
- Chain link fencing and mature trees on the property
Overview
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.
Local 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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Weslaco
- County
- Hidalgo
- State
- Texas
- Longitude
- -97.983187
- Latitude
- 26.140704
