E Mile 11 Weslaco, TX 78599
MULTI_FAMILY - Weslaco, TX
- Added:
- Jun 26, 2026
- Days on Market:
- 19
- Last Refresh:
- Jul 14 at 9:06 am
Property Features for E Mile 11
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 2
- Parking features
- Garage, Carport
- Appliances
- Electric Water Heater, Refrigerator, Stove/Range-Electric Coil
- Standard status
- Active
- APN
- M475500000000500
- Size
- 3,480 SF
- Lot size
- 0.50 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5899
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 2013
- Floors in Building
- 1
- Number of units
- 4
- Building materials
- Stucco
- Roof type
- Shingle
Listing agent Rosbel Ramirez (956) 566-9595
Listing office Encore Fine Properties 817 N Ware Road, McAllen, TX (956) 821-6170
Listing date Jun 26, 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.
Investment Insights
Based on property information with market context.
Located in Weslaco, Texas, the property is positioned for convenience, with proximity to shopping, schools, and major highways mentioned in the remarks. The lot size is listed as 0.5001 acres, and the building size is stated as 3,480 square feet.
For investors looking to acquire a smaller multifamily asset, the current occupancy is a practical consideration, since the property is described as fully leased with tenants in place. With four units under separate utility arrangements, the layout supports straightforward unit-by-unit management. The offering is presented as a maintained, income-producing rental property in a rental-demand area of Weslaco, providing an opportunity to add a single building to an existing portfolio or begin a residential income strategy.
Key Highlights
- Income‑producing 4‑plex in Weslaco, TX with all units fully leased
- Built in 2013 with stucco construction and a shingle roof
- Central heating and central air
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 | $48.9k | $14.04 |
| − Vacancy | −$5.4k | −$1.55 |
| EGI | $43.5k | $12.49 |
| − OpEx | −$13.0k | −$3.75 |
| NOI | $30.4k | $8.74 |
