Gated Duplex With Furnished
New
For Sale
$254,900
3052 Regal Drive, Edinburg, TX 78539
Residential Income, Edinburg, TX
Property Size1,976 SF
Lot Size0.12 Acres
Price / SF$128
Days on Market2
Property Features for 3052 Regal Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking
2
Parking features
Garage
Exterior features
Mature Trees
Appliances
Electric Water Heater, Dryer, Oven-Microwave, Refrigerator, Stove/Range, Stove/Range-Electric Smooth, Washer
Subdivision
The Boardwalk
Lot features
Alley, Mature Trees, Sidewalks
Elementary school
Canterbury
Middle school
Longoria
High school
Vela H.S.
Elementary school district
Edinburg ISD
Middle school district
Edinburg ISD
High school district
Edinburg ISD
Directions
North on McColl in between Canton and Freddy Gonzalez.
Standard status
Active
APN
T293500002005000
Size
1,976 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6533
HOA Fee
$870 Annually
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Water source
Public
Amenities
community pool
gated entrance
lawn maintenance
Building Details
Year built
2013
Floors in Building
1
Number of units
2
Building materials
Stucco
Roof type
Composition
Listing Agency:
De La Garza Realty Group, LLC
(956) 781-8229
Listed By:
Juan J De La Garza
(956) 537-4755
Added: Aug 31
Last Checked: Sep 1 at 8:06AM
MLS# 514062
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.
This 2013 duplex contains 1,976 square feet across two residences, each with 2 bedrooms, 2 full baths, an office or study, and an open kitchen-living arrangement. Tile flooring, granite countertops, custom cabinetry, stainless steel appliances, washers, and dryers are included in both units. One residence is furnished and operating as a short-term rental, while the other is leased.
The property is located within the gated Boardwalk subdivision at 3052 Regal Drive in Edinburg. Community features include a pool and lawn maintenance through the HOA. The location is near McColl Rd, south of Freddy Gonzalez Blvd, with access to UTRGV, DHR Health, shopping, dining, and H-E-B.
The 0.1154-acre property also includes 2 covered carport spaces and public water service. Mature trees, stucco construction, composition roofing, central air, and electric heating and cooling are additional property features.
The property is located within the gated Boardwalk subdivision at 3052 Regal Drive in Edinburg. Community features include a pool and lawn maintenance through the HOA. The location is near McColl Rd, south of Freddy Gonzalez Blvd, with access to UTRGV, DHR Health, shopping, dining, and H-E-B.
The 0.1154-acre property also includes 2 covered carport spaces and public water service. Mature trees, stucco construction, composition roofing, central air, and electric heating and cooling are additional property features.
Key Highlights
- 1,976‑square‑foot duplex completed in 2013
- Each residence includes 2 bedrooms, 2 full baths, and an office or study
- One unit is furnished and operating as a short‑term rental
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
$18,563
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
7.28%
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%
$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
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
$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 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%
$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.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
330
Businesses Nearby
Explore this area
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
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?
Duplex - Two-unit property offers flexible occupancy, complete appliance packages, and covered parking for both residences.
Where is this duplex located?
The property is located at 3052 Regal Drive 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 completed in 2013; Each residence includes 2 bedrooms, 2 full baths, and an office or study; One unit is furnished and operating as a short‑term rental
