2218 Burnside St Laredo, TX 78040
MULTI_FAMILY - Laredo, TX
Property Features for 2218 Burnside St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- 01 Western Division - S o
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bedroom 2, Bedroom 6, Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 3, Bedroom 1, Bedroom 4
- Parking features
- On Street
- Fencing
- Fenced
- Standard status
- Active
- Size
- 2,300 SF
- Lot size
- 0.11 Acres
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Flooring type
- Laminate
- Building materials
- Wood Frame, Block, Stucco
- Roof type
- Composition
Listing agent Juan Gonzalez License #0503866 (956) 235-4096
Listing office Real Broker, LLC 5100 Westheimer Road, Ste. 200, Dallas, TX (214) 202-7615
Listing date Jul 9, 2026
Copyright © 2026 Laredo 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.
The asset is located at 2218 Burnside St, Laredo, TX 78040 in Webb County. The property is listed with zoning noted as “01 Western Division - S o.”
Key Highlights
- Wood frame, block, and stucco construction
- Central air conditioning with electric cooling
- Electric heating plus central heating
Local Financial Insights For Apartment 5plus
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 | $35.3k | $15.36 |
| − Vacancy | −$2.4k | −$1.04 |
| EGI | $32.9k | $14.32 |
| − OpEx | −$14.8k | −$6.44 |
| NOI | $18.1k | $7.87 |
