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2613 Sage Dr Fourplex
C+ Composite 61.86
Why this score? — see what drove the C+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +21.4/30.0
  • ARV discount +9.4/15.0
  • DSCR +6.8/10.0
  • 1% rule +5.7/10.0
  • Appreciation +4.7/10.0
  • Condition / age +4.0/5.0
  • Schools +3.7/10.0
  • Livability +3.6/5.0
  • Rent growth +2.5/5.0

$460,000

2613 Sage Dr · Weslaco, TX 78596
None bd · None ba · 4,052 sqft · MultiFamily · 41 Days on market
Built 2024 Good condition 10,500 sqft lot $114/sqft · at area comps Est $480k · at est. $42/mo HOA · 3% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 4 units. confirmed

Listing remarks

Fully Leased exceptional investment opportunity in a desirable multi-family subdivision just minutes from Expressway 83, top schools, shopping, and dining. These newly built fourplexes offer modern design, strong tenant appeal, and immediate cash flow. Each unit features a bright open-concept layout with elegant wood-look tile flooring, a contemporary kitchen with custom cabinetry, quartz countertops, and a spacious island providing ample storage and workspace. Bedrooms are generously sized with large closets, and the primary suites include a luxurious frameless glass shower and walk-in closet.

Key facts

  • Custom cabinetry
  • Quartz countertops
  • Modern design

Tags

INVESTMENT OPPORTUNITYMULTI-FAMILY SUBDIVISIONMODERN DESIGNBRIGHT OPEN-CONCEPT LAYOUTCUSTOM CABINETRYQUARTZ COUNTERTOPS

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 4 × 2-bed/2-bath units multifamily listed at $460k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $682 ($8k/yr) — positive. Per door: $171/mo.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($5k rent vs $460k).
  • Recommended offer: $446k (3.0% below list) — sets the bar for market timing.
  • Cap rate 8.1% vs local median 4.0% in Weslaco — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 72/100 on livability (#277 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment D+, crime F, amenities F.
  • Weslaco ISD (suburban): math 23% / reading 31% proficiency, ranked #705 of 826 in TX (top 85%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
  • Zoned schools: Memorial El (math 40% / reading 50%, grade D-, #1,133 of 4,322 statewide, top 27%, 1,075 students, 67% FRL); Central Middle (math 33% / reading 40%, grade F, #786 of 1,662 statewide, top 48%, 974 students, 70% FRL); Weslaco H S (math 25% / reading 33%, grade F, #1,147 of 1,632 statewide, top 71%, 2,553 students, 73% FRL).
  • Market conditions: 917 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 119d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 72% of comp listings sitting > 30 days — soft ceiling on asking rent; 7,378 units permitted in Hidalgo County in 2024 (641 in 5+ unit buildings).

Forward outlook

  • In year one you build about $493 of equity ($3k loan paydown + $-3k appreciation (-0.6% local appreciation)).
  • Hidalgo County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (-0.6% appreciation + 3.0% rent growth), your $129k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 41 days — a 3% lower offer ($446k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
Recommended offer $446,200 (3.0% below list)

Questions for the listing agent

  1. It's been on market 41 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
  3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
  4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  9. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
1.07%
Cap rate
8.07%
Cash-on-cash
6.36%
DSCR
1.28
GRM
7.8

CMA / ARV

ARV (median comp)
$480,246
List price
$460,000
Delta
-4.22%
Verdict
FAIR
Comps
5 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
3108 W 18th St 0.43mi 3/3.0 4,512 (+11%) 0mo $398,500 $88 61
604 Dominion Dr 1.38mi —/— 3,802 (-6%) 4mo $479,000 $126 51
2909 Charlie Rd 1.49mi —/— 3,802 (-6%) 6mo $479,000 $126 50
2900 Delta Rd 1.44mi —/— 3,726 (-8%) 4mo $479,000 $129 48
1627 S Midway Rd 0.54mi 4/4.0 3,073 (-24%) 4mo $645,000 $210 46
1803 N Forest Ln 0.85mi 4/4.0 3,683 (-9%) 6mo $449,000 $122 45
2107 S Victoria Rd 1.06mi 4/5.0 3,617 (-11%) 6mo $400,000 $111 42
1333 S Victoria Rd 0.94mi 5/3.0 3,121 (-23%) 5mo $545,000 $175 36
618 W 11th St 1.14mi 4/2.5 3,307 (-18%) 8mo $299,000 $90 34
806 Beryl Cir 0.80mi 4/4.0 4,637 (+14%) 10mo $599,500 $129 33
1818 Forest Ln 0.90mi 4/3.5 3,402 (-16%) 9mo $425,000 $125 32
2724 Wildwood Dr 1.27mi 4/2.5 3,105 (-23%) 10mo $439,900 $142 32

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-0.58% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
3.0%
Equity multiple
1.14×
Total profit
$17,625
Equity at exit
$120,289
10-year hold
IRR
9.0%
Equity multiple
1.92×
Total profit
$118,334
Equity at exit
$134,380

Cash invested: $128,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
87 Strongly Landlord-Friendly
State Texas
87 Strongly Landlord-Friendly · R+5
County
— inherits STATE
City
— inherits STATE
3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

Active competition Active MLS

For sale now
6 active
Median asking
$494,000 ($117/sqft)
Median days on market
372 d
This list price
lowest-priced of the active set
ARV vs active asking
+1.4% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 78596

Home prices YoY
-0.2%
Active inventory
917
Price-to-rent
31.0×

Monthly cashflow live

Estimated rent
$4,941 high interval (Pro) →
Mortgage (P&I)
$2,412
Tax est. 1.5%
$575 /mo · $6,900/yr
Insurance
$192
HOA
$42
Vacancy / Maint / Mgmt
$1,038
Net cashflow
$682

4-unit breakdown (identical units grouped — click to expand)

UnitsBedsBathsEst. rent
Total (4 units) $4,941

Break-even live

Break-even rent $4,077
Max offer price $460,000
Occupancy floor 81%

Sensitivity live

Price -10% $1,000 -5% $841 +0% $682 +5% $523 +10% $365
Rent -10% $292 -5% $487 +0% $682 +5% $878 +10% $1,073
Rate -1.0pp $914 -0.5pp $799 base $682 +0.5pp $563 +1.0pp $442

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$115,000
Closing costs
$13,800
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1409 San Vicente Weslaco, TX 3.0 2.0 1150 $1,250 $1.09 140d 1 0.03mi
1405 San Vicente Unit 1 Weslaco, TX 3.0 2.0 1064 $1,175 $1.10 62d 1 0.03mi
1405 San Vicente Unit 3 Weslaco, TX 3.0 2.0 4256 $1,250 $0.29 119d 1 0.03mi
1413 Vine Ave Unit 4 Weslaco, TX 3.0 2.0 1100 $1,300 $1.18 0d 1 0.04mi
1413 Vine Ave Unit 4 Weslaco, TX 3.0 2.0 1100 $1,300 $1.18 62d 1 0.04mi
1319 San Vicente Unit 1 Weslaco, TX 3.0 2.0 1100 $1,350 $1.23 119d 1 0.07mi
1319 San Vicente Unit 1 Weslaco, TX 3.0 2.0 1100 $1,200 $1.09 6d 1 0.07mi
1322 Beverly Ave Unit 3 Weslaco, TX 3.0 2.0 1050 $1,350 $1.29 119d 1 0.08mi
1409 Beverly Ave Unit 1 Weslaco, TX 2.0 2.0 986 $1,050 $1.06 139d 1 0.09mi
1314 Beverly Ave Unit 4 Weslaco, TX 3.0 2.0 1000 $1,200 $1.20 6d 1 0.11mi
2613 Sage Dr Unit 2 Weslaco, TX 3.0 2.0 $1,275 6d 1 0.16mi
2705 Bald Cypress Dr Unit 1 Weslaco, TX 3.0 2.0 2180 $1,350 $0.62 6d 1 0.17mi
2604 Bald Cypress Dr Unit 2 Weslaco, TX 3.0 2.0 1090 $1,350 $1.24 6d 1 0.18mi
2211 Tomatillo Dr Weslaco, TX 3.0 2.0 1361 $2,200 $1.62 119d 1 0.27mi
3109 Whitetail Dr Weslaco, TX 3.0 2.0 2066 $1,700 $0.82 114d 1 0.42mi
2816 Brown St Unit B Weslaco, TX 2.0 2.0 1000 $950 $0.95 139d 1 0.42mi
3117 Whitetail Dr Weslaco, TX 3.0 2.0 1631 $1,500 $0.92 110d 1 0.43mi
1816 Columbia St Unit D Weslaco, TX 2.0 2.0 1000 $1,000 $1.00 62d 1 0.44mi
1900 Columbia St Unit D Weslaco, TX 2.0 2.0 1000 $1,050 $1.05 110d 1 0.48mi
3031 W Mile 7 N Weslaco, TX 3.0 2.0 $1,300 119d 1 0.64mi
2701 S Midway Rd Unit 12 Donna, TX 2.0 1.0 $700 139d 1 1.01mi
3056 Stark Rd Unit 4 WESLACO, TX 3.0 2.0 1137 $1,300 $1.14 6d 1 1.02mi
222 S Westgate Dr Weslaco, TX 1.0 1.0 650 $670 $1.03 139d 1 1.06mi
222 S Westgate Dr Weslaco, TX 1.0 1.0 700 $680 $0.97 140d 1 1.06mi
222 S Westgate Dr Apt 6 Weslaco, TX 1.0 1.0 700 $680 $0.97 139d 1 1.06mi
3099 Briggs Rd Weslaco, TX 2.0 2.0 995 $1,200 $1.21 62d 1 1.07mi
3086 Briggs Rd Unit B Midway South, TX 2.0 3.0 1050 $1,300 $1.24 119d 1 1.08mi
3208 Briggs Rd #3 Weslaco, TX 2.0 2.0 868 $1,200 $1.38 6d 1 1.08mi
2101 W Business 83 Unit 101 Weslaco, TX 1.0 1.0 $778 139d 1 1.09mi
2101 W Business 83 Unit 103 Weslaco, TX 3.0 2.0 $1,060 139d 1 1.09mi
2101 W Business 83 Unit 83 Weslaco, TX 2.0 2.0 $925 139d 1 1.12mi
3009 Meadow Ln Unit 7 Donna, TX 2.0 2.0 10368 $825 $0.08 62d 1 1.28mi
1409 W Business 83 Unit 00 722 Weslaco, TX 1.0 1.0 550 $855 $1.55 139d 1 1.30mi
3707 U.S. 83 Business Unit 333 Donna, TX 3.0 2.0 960 $899 $0.94 139d 1 1.35mi
3707 U.S. 83 Business Unit 431 Donna, TX 3.0 2.0 960 $799 $0.83 119d 1 1.35mi
3707 U.S. 83 Business Unit 464 Donna, TX 3.0 2.0 960 $799 $0.83 62d 1 1.35mi
3707 U.S. 83 Business Unit 442 Donna, TX 3.0 2.0 960 $799 $0.83 139d 1 1.35mi
3707 U.S. 83 Business Unit 419 Donna, TX 3.0 2.0 960 $824 $0.86 6d 1 1.35mi
3707 U.S. 83 Business Unit 340 Donna, TX 3.0 2.0 960 $799 $0.83 6d 1 1.35mi
408 Sparrow Rd #4 Weslaco, TX 3.0 2.0 1185 $1,350 $1.14 6d 1 1.37mi

Property features AI

Finance

Other
Listing updated Aug 13, 2026Directions: From Expressway 83 head south on Milano Rd. Turn onto Sage Dr; property will be on the south (left) side of the street.
HOA & community
Mandatory POA with annual association fee of $500POA transfer fee appliesCommunity has sidewalksCommunity includes 4 units

Exterior

Parking
Detached carport providing 8 covered spaces (total parking for 8)
Security
Smoke detector(s)
Utilities
City sewerPublic waterMultiple water meters (4)
Home design
Stucco exteriorShingle roofSlab foundation
Construction
Stucco constructionShingle roofSlab foundationBuilding area approximately 4,052
Exterior features
Sprinkler systemProfessional landscapingSidewalksPatioPrivacy wood fencing

Interior

Kitchen
MicrowaveRefrigeratorElectric smooth-top range
Flooring
Tile
Heating & cooling
Central heating (electric)Central air conditioning (electric)
Interior features
Ceiling fansDecorative / high ceilingsDouble-pane energy-efficient windowsSmoke detectors
Laundry & utility
WasherDryerLaundry closetElectric water heater (located in attic and laundry room)

Listing history 50 events

  1. 2026-09-23
    days on market $460,000 Active 41 DOM
  2. 2026-09-21
    days on market $460,000 Active 39 DOM
  3. 2026-09-20
    days on market $460,000 Active 38 DOM
  4. 2026-09-19
    days on market $460,000 Active 37 DOM
  5. 2026-09-19
    days on market $460,000 Active 36 DOM
  6. 2026-09-17
    days on market $460,000 Active 35 DOM
  7. 2026-09-17
    days on market $460,000 Active 34 DOM
  8. 2026-09-16
    days on market $460,000 Active 33 DOM
  9. 2026-09-14
    days on market $460,000 Active 32 DOM
  10. 2026-09-13
    days on market $460,000 Active 31 DOM
  11. 2026-09-12
    days on market $460,000 Active 30 DOM
  12. 2026-09-11
    days on market $460,000 Active 29 DOM
  13. 2026-09-05
    days on market $460,000 Active 23 DOM
  14. 2026-09-04
    days on market $460,000 Active 22 DOM
  15. 2026-09-03
    days on market $460,000 Active 21 DOM
  16. 2026-09-02
    days on market $460,000 Active 20 DOM
  17. 2026-08-29
    days on market $460,000 Active 16 DOM
  18. 2026-08-28
    days on market $460,000 Active 15 DOM
  19. 2026-08-27
    days on market $460,000 Active 14 DOM
  20. 2026-08-25
    days on market $460,000 Active 12 DOM
  21. 2026-08-24
    days on market $460,000 Active 11 DOM
  22. 2026-08-23
    days on market $460,000 Active 10 DOM
  23. 2026-08-22
    days on market $460,000 Active 9 DOM
  24. 2026-08-21
    days on market $460,000 Active 8 DOM
  25. 2026-08-20
    days on market $460,000 Active 7 DOM
  26. 2026-08-19
    days on market $460,000 Active 6 DOM
  27. 2026-08-18
    days on market $460,000 Active 5 DOM
  28. 2026-08-17
    days on market $460,000 Active 4 DOM
  29. 2026-08-16
    days on market $460,000 Active 3 DOM
  30. 2026-08-15
    days on market $460,000 Active 2 DOM
  31. 2026-08-13
    days on marketlisting id $460,000 Active 1 DOM
  32. 2026-06-30
    days on market $460,000 Active 197 DOM
  33. 2026-06-29
    days on market $460,000 Active 196 DOM
  34. 2026-06-28
    days on market $460,000 Active 195 DOM
  35. 2026-06-27
    days on market $460,000 Active 194 DOM
  36. 2026-06-26
    days on market $460,000 Active 193 DOM
  37. 2026-06-23
    days on market $460,000 Active 190 DOM
  38. 2026-06-22
    days on market $460,000 Active 189 DOM
  39. 2026-06-21
    days on market $460,000 Active 188 DOM
  40. 2026-06-21
    days on market $460,000 Active 187 DOM
  41. 2026-06-18
    days on market $460,000 Active 185 DOM
  42. 2026-06-17
    days on market $460,000 Active 184 DOM
  43. 2026-06-16
    days on market $460,000 Active 183 DOM
  44. 2026-06-15
    days on market $460,000 Active 182 DOM
  45. 2026-06-15
    days on market $460,000 Active 181 DOM
  46. 2026-06-13
    days on market $460,000 Active 180 DOM
  47. 2026-06-12
    days on market $460,000 Active 179 DOM
  48. 2026-06-09
    days on market $460,000 Active 176 DOM
  49. 2026-06-08
    days on market $460,000 Active 175 DOM
  50. 2026-06-08
    days on market $460,000 Active 174 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$59,292
− Mortgage interest
−$25,767
− Property taxes
−$6,900
− Insurance
−$2,300
− Repairs & maintenance
−$4,743
− Management
−$4,743
− HOA
−$504
− Depreciation
−$13,382
Taxable income
$952
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$229
After-tax cash flow
$7,961/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 12 photos

Good 80/100 None rehab

This newly built fourplex is in excellent condition with modern design and immediate cash flow. It is fully leased and ready for investors to capitalize on its strong tenant appeal and location.

Value-add opportunities

  • Both Landscaping improvements — Enhances curb appeal and adds value for both resale and rental.
  • Both Paint touch-ups — Maintains the neutral paint colors and enhances the home's curb appeal.
F Composite school gradezoned avg 37/100

Zoned Schools

Elementary Memorial El D- TX #1,133/4,322 Nat'l #15,897/41,679 Middle Central Middle F TX #786/1,662 Nat'l #7,065/14,009 High Weslaco H S F TX #1,147/1,632 Nat'l #11,621/17,239

Schools (NCES district)

District
Weslaco ISD
NCES district ID
4844960
Math proficiency
23% ▼ -29.00%
Reading proficiency
31% ▼ -9.00%
Median HH income
$32,867
Composite
22.05/100
National rank
#8196
State rank
#705 of 826 in TX
B Composite livability gradescore 72/100

Livability — Weslaco

Score
72/100
State rank
#277
US rank
#6469

Category grades

Amenities F Commute F Cost of living A+ Crime F Employment D+ Housing A+ Health & safety A+ User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Weslaco, TX
County
Hidalgo · 955,232 people
Metro
McAllen-Edinburg-Mission, TX
Population (ZIP)
38,942
Household income
$53,797
Rent vs Own
35.5% rent · 64.5% own
Severe rent burden
11% of renters

Population outlook (Hidalgo County) Hauer SSP2

Today (2025)
955,232 people
By 2030
1,009,774 · +5.7%
By 2040
1,120,332 · +17.3%
By 2050
1,225,036 · +28.2%
By 2075
1,439,189 · +50.7%
By 2100
1,533,429 · +60.5%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly Hispanic (86%)
Race & ethnicity
Hispanic / Latino 86% Two or more races 38% White 13%
Hispanic origin (detail)
Mexican 82%
Common ancestry
Slovak 1%
Foreign-born
17% · Canada
Languages at home
27% English-only · Spanish 72%

Political lean MEDSL · Hidalgo

2024 margin
Toss-up / Even · D 48.1% · R 51.0%
2008→2024 swing
-41.6pp toward R · 2008: 38.7pp · 2024: -2.9pp
All cycles
2024: R+2.9 2020: D+17.1 2016: D+40.5 2012: D+41.8 2008: D+38.7

Not yet ingested

Civics

Price history

+0.0% since first listed
2 events — show timeline
  • 2026-08-13 Listed $460,000 MCALLENMLS
  • 2025-12-15 Listed $460,000 MCALLENMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…