Well-Maintained 4-Unit
For Sale
$549,000
85 Galonsky St., Brownsville, TX 78520
Four occupied units feature open layouts, spacious kitchens, in-unit laundry, tile flooring, and granite countertops.
Property Size4,002 SF
Price / SF$137.18
Days on Market31
Property Features for 85 Galonsky St.
General Information
Standard status
Active
Size
4,002 SF
Property subtype
Multi-Family
Additional Details
Highway Access
Yes
Multifamily Units
4
Amenities
in-unit laundry
tile flooring
granite countertops
walk-in closets
on-site parking
Building Details
Year Built
2015
Buildings
1
Listing Agency:
RE/MAX Elite Brownsville
(956) 245-7236
Listed By:
Alfonso Delgado · License #TREC#0827894
Source:
Accessrealtyrgv
Added: Aug 2
Changed: Aug 31
Last Checked: Aug 31 at 7:31PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Elite Brownsville
Investment Insights
Based on property information with market context.
Built in 2015, this four-unit residential income property offers approximately 1,000 square feet per unit. Each residence includes an open interior plan, a spacious kitchen, in-unit laundry, tile flooring, granite countertops, and a primary suite with a walk-in closet. On-site parking supports the property’s residential configuration, while ongoing interior and exterior upkeep contributes to its well-maintained condition.
All four units are currently occupied under month-to-month leases, providing in-place rental income with lease flexibility. The property is positioned near SpaceX, LNG projects, major retailers, schools, and the airport, with access to the expressway. Its Brownsville address is 85 Galonsky St., Brownsville, TX 78520.
All four units are currently occupied under month-to-month leases, providing in-place rental income with lease flexibility. The property is positioned near SpaceX, LNG projects, major retailers, schools, and the airport, with access to the expressway. Its Brownsville address is 85 Galonsky St., Brownsville, TX 78520.
Key Highlights
- Four‑unit quadplex built in 2015
- Approximately 1,000 square feet per unit
- All units occupied under month‑to‑month leases
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$33,017
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.01%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$660,340
$660.3K
Cap Rate 7%
$471,671
$471.7K
Cap Rate 9%
$366,856
$366.9K
Market Conditions
NOI Build-Up for 4,002 SF
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.
Gross rent
$50.4K $12.60/SF
− Vacancy
−$3.3K −$0.81/SF
EGI
$47.2K $11.79/SF
− OpEx
−$14.2K −$3.54/SF
NOI
$33.0K $8.25/SF
Area
Brownsville, TX
Vacancy
6.46%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$660,340
Cap Rate 7%
$471,671
Cap Rate 9%
$366,856
Alternative Uses
Best Use
Multifamily LT 5
$471.7K
$412.7K – $550.3K
NOI $33,017 @ 7.0% cap · market cap 6.01%
Second Best
Apartment 5plus
$432.6K
$378.5K – $504.7K
NOI $30,279 @ 7.0% cap · market cap 5.52%
Theoretical Best
Healthcare Medical
$689.1K
$602.9K – $803.9K
NOI $48,235 @ 7.0% cap · market cap 8.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
663
Businesses Nearby
Explore this area
Business Placement
Demographics for 78520, TX
64,949
Population
22,543
Households
2.9
Avg Household Size
34
Median Age
23%
College-Educated
69%
High-School Grad
39.7 sq mi
ZIP Area
1,636
Density / Sq Mi
$47,331
Median Household Income
$27,529
Median Earnings
$842
Median Rent
$129,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Four occupied units feature open layouts, spacious kitchens, in-unit laundry, tile flooring, and granite countertops.
Where is this quadplex located?
The property is located at 85 Galonsky St. Brownsville, TX.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Four‑unit quadplex built in 2015; Approximately 1,000 square feet per unit; All units occupied under month‑to‑month leases
