Renovated Two-Unit
New
For Sale
$255,000
3127 Regal Drive, Edinburg, TX 78539
Both residences offer two bedrooms, two bathrooms, and a full appliance package; one is vacant and the other is leased month to month.
Property Size1,976 SF
Price / SF$129.05
Days on Market4
Property Features for 3127 Regal Drive
General Information
Standard status
Active
Size
1,976 SF
Total Parking Spaces
4
Property subtype
Multi Family Home
Units
Unit Mix
2 x 2BR/2BA
Multifamily Units
2
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$5,066
Amenities
pool
Ceiling Fan(s)
Decorative/High Ceilings
Dryer
Microwave
Washer
Building Details
Building Size
1,976 SF
Year Built
2007
Buildings
1
Stories
1
Units
2
Listing Agency:
TNT Real Estate
(956) 322-3020
Listed By:
Leopoldo (Polo) Vazquez · License #745809
(956) 240-8874
Source:
Gdvrealty
Added: Oct 22
Changed: Oct 23
Last Checked: Oct 23 at 5:41PM
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 TNT Real Estate
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Investment Insights
Based on property information with market context.
Built in 2007, this 1,976-square-foot duplex contains two residences, each with two bedrooms and two bathrooms. Refrigerators, stoves, washers, dryers, microwaves, and dishwashers are included in both units. Unit A is vacant and has been updated with new cabinetry, quartz countertops, ceiling fans, and fixtures. Unit B received renovations in 2025 and has a month-to-month lease.
Each residence has two designated carport spaces, with additional street parking available. The roof, air-conditioning systems, and one water heater were replaced within the last five years. The active HOA handles landscaping, pool upkeep, and gate maintenance.
Each residence has two designated carport spaces, with additional street parking available. The roof, air-conditioning systems, and one water heater were replaced within the last five years. The active HOA handles landscaping, pool upkeep, and gate maintenance.
Key Highlights
- Two‑unit duplex totaling 1,976 square feet, built in 2007
- Each unit has 2 bedrooms and 2 bathrooms
- Unit A is vacant and features new cabinets, quartz countertops, ceiling fans, and fixtures
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 14.07%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer two bedrooms, two bathrooms, and a full appliance package; one is vacant and the other is leased month to month.
Where is this duplex located?
The property is located at 3127 Regal Drive Edinburg, TX.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 1,976 square feet, built in 2007; Each unit has 2 bedrooms and 2 bathrooms; Unit A is vacant and features new cabinets, quartz countertops, ceiling fans, and fixtures
