Mile 11, Weslaco, TX 78599
MULTI_FAMILY - Weslaco, TX
- Added:
- Jun 26, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 27 at 1:06 pm
Property Features for Mile 11
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 2
- Parking features
- Garage, Carport
- Exterior features
- Mature Trees
- Appliances
- Electric Water Heater, Refrigerator, Stove/Range-Electric Coil
- Standard status
- Active
- APN
- M475500000000400
- Size
- 3,480 SF
- Lot size
- 0.50 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5576
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 2009
- 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.
HighLights
- Income‑producing 4‑plex in Weslaco, TX that is fully leased
- Four units with individual utilities
- Built in 2009 with stucco exterior and a shingle roof
- Central heating and central air for the property
- On‑site parking includes a garage and carport
- Features include mature trees
Overview
The property’s listed address is Mile 11, Weslaco, TX 78599, in Hidalgo County. It is being marketed as an income-producing 4-plex within the Weslaco rental market.
For investors seeking a small multifamily asset, a leased 4-plex with individual utilities can be a practical fit. With four separate units under the current lease status described in the materials, the property may appeal to buyers looking to acquire a building already occupied, while retaining the standard operating framework associated with managing a four-unit residential portfolio.
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 |
Alternative Uses
Current Use by Public Records
Map
- City
- Weslaco
- County
- Hidalgo
- State
- Texas
- Longitude
- -97.991515
- Latitude
- 26.213356
