3151 Regal Drive Edinburg, TX 78539
MULTI_FAMILY - Edinburg, TX
- Added:
- Jun 2, 2026
- Days on Market:
- 43
- Last Refresh:
- Jul 14 at 9:06 am
Property Features for 3151 Regal Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 2
- Parking features
- Garage
- Fencing
- Privacy
- Appliances
- Electric Water Heater, Dishwasher, Dryer, Stove/Range-Electric Coil
- Standard status
- Active
- APN
- T293500002002100
- Size
- 1,976 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6228
Utilities
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 2007
- Floors in Building
- 1
- Number of units
- 2
- Building materials
- Stone
- Roof type
- Flat
Listing agent Maggie Harris License #0530155 (956) 821-9990
Listing office Keller Williams Realty RGV 3300 N Mccoll. Ste P & Q, McAllen, TX (956) 928-1155
Listing date Jun 2, 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.
Key Highlights
- Well‑maintained duplex built in 2007 with stone construction and flat roof
- 2‑bed, 2‑bath layout in each of the two spacious units
- Central heating and central air with electric cooling
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 | $27.3k | $13.80 |
| − Vacancy | −$750 | −$0.38 |
| EGI | $26.5k | $13.42 |
| − OpEx | −$8.0k | −$4.03 |
| NOI | $18.6k | $9.39 |
