Two-Unit Duplex in Gated
For Sale
$254,900
3052 Regal Dr, Edinburg, TX 78539
Flexible duplex setup with one leased unit and a furnished short-term rental unit for owner occupancy or continued rental use.
Property Size1,976 SF
Price / SF$128
Days on Market56
Property Features for 3052 Regal Dr
General Information
Standard status
Active
Size
1,976 SF
Property subtype
Residential Income
Units
Unit Mix
2 x 2BR/2BA + office
Multifamily Units
2
Parking per Unit
2
Taxes and HOA fees
Annual Taxes
$6,533
Amenities
gated entrance
community pool
lawn maintenance
washer and dryer
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
De La Garza Realty Group, LLC
(956) 781-8229
Listed By:
Juan J De La Garza
(956) 537-4755
Source:
Exprealty
Added: Aug 31
Changed: Oct 2
Last Checked: Oct 24 at 8:43PM
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 De La Garza Realty Group, LLC
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Investment Insights
Based on property information with market context.
This 1,976-square-foot duplex in the gated Boardwalk subdivision contains two matching residences. Each unit has 2 bedrooms, 2 full baths, an office or study, and an open kitchen and living area. Interior finishes include tile flooring, granite countertops, custom cabinetry, and stainless steel appliances, with a washer and dryer in each unit. All appliances convey, and the property includes 2 covered carport spaces. One residence is leased, while the other is furnished and operating as a short-term rental, providing flexibility for continued rental use or owner occupancy.
Residents have access to a gated entrance and community pool, while lawn maintenance is included through the HOA. The property is located in Edinburg near McColl Rd and south of Freddy Gonzalez Blvd, with access to UTRGV, DHR Health, shopping, dining, and a renovated H-E-B.
Residents have access to a gated entrance and community pool, while lawn maintenance is included through the HOA. The property is located in Edinburg near McColl Rd and south of Freddy Gonzalez Blvd, with access to UTRGV, DHR Health, shopping, dining, and a renovated H-E-B.
Key Highlights
- 1,976‑square‑foot duplex with two 2‑bedroom, 2‑bath units
- One unit leased; the other is furnished and operating as a short‑term rental
- Each residence includes an office or study and open kitchen‑living layout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,563
Cap Rate
7.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$371,260
$371.3K
Cap Rate 7%
$265,186
$265.2K
Cap Rate 9%
$206,256
$206.3K
Market Conditions
NOI Build-Up for 1,976 SF
Gross rent
$27.3K $13.80/SF
− Vacancy
−$750 −$0.38/SF
EGI
$26.5K $13.42/SF
− OpEx
−$8.0K −$4.03/SF
NOI
$18.6K $9.39/SF
Area
Edinburg, TX
Vacancy
2.75%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$371,260
Cap Rate 7%
$265,186
Cap Rate 9%
$206,256
Alternative Uses
Best Use
Multifamily LT 5
$265.2K
$232.0K – $309.4K
NOI $18,563 @ 7.0% cap · market cap 7.28%
Second Best
Apartment 5plus
$237.0K
$207.4K – $276.5K
NOI $16,589 @ 7.0% cap · market cap 6.51%
Theoretical Best
Office A
$512.7K
$448.6K – $598.2K
NOI $35,890 @ 7.0% cap · market cap 14.08%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
330
Businesses Nearby
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Business Placement
Demographics for 78539, TX
37,686
Population
15,759
Households
2.4
Avg Household Size
34
Median Age
37%
College-Educated
84%
High-School Grad
12.2 sq mi
ZIP Area
3,089
Density / Sq Mi
$64,864
Median Household Income
$38,413
Median Earnings
$1,034
Median Rent
$198,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Flexible duplex setup with one leased unit and a furnished short-term rental unit for owner occupancy or continued rental use.
Where is this duplex located?
The property is located at 3052 Regal Dr Edinburg, TX.
What is the asking price?
The asking price for this property is $254,900.
What are key features of this property?
This property features: 1,976‑square‑foot duplex with two 2‑bedroom, 2‑bath units; One unit leased; the other is furnished and operating as a short‑term rental; Each residence includes an office or study and open kitchen‑living layout
