Edinburg Duplex Near
For Sale
Contact for pricing
3151 Regal Drive, Edinburg, TX 78539
Well-maintained duplex near shopping, dining, and hospitals.
Property Size1,976 SF
Price / SF$123.99
Days on Market82
Property Features for 3151 Regal Drive
General Information
Standard status
Active
Size
1,976 SF
Property subtype
Multifamily
Building Details
Year Built
2007
Listing Agency:
Keller Williams Realty RGV
Listed By:
Maggie Harris · License #TREC # 0530155
Source:
Crexi
Added: May 16
Changed: Jul 10
Last Checked: Aug 4 at 10:25AM
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 Keller Williams Realty RGV
Investment Insights
Based on property information with market context.
This well-maintained duplex presents an investment opportunity. The property is conveniently located near shopping centers, grocery stores, restaurants, and hospitals. The income-producing property features two spacious units, each with 2 bedrooms and 2 bathrooms. The property size is 1976 square feet. It is located in Edinburg, Texas. This property could be a portfolio addition or an owner-occupant opportunity.
Key Highlights
- Income‑producing duplex: Excellent investment potential
- Two spacious units, each with 2 bedrooms and 2 bathrooms
- Well‑maintained property
Financial Insights For Multifamily LT 5
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 | $27.3k | $13.80 |
| − Vacancy | −$750 | −$0.38 |
| EGI | $26.5k | $13.42 |
| − OpEx | −$8.0k | −$4.03 |
| NOI | $18.6k | $9.39 |
1,976 SF · lease $13.80/SF/yr · vacancy 2.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$265.2K
$232.0K – $309.4K
NOI $18,563 @ 7.0% cap · market cap 7.58%
Second Best
Apartment 5plus
$237.0K
$207.4K – $276.5K
NOI $16,589 @ 7.0% cap · market cap 6.77%
Theoretical Best
Office A
$512.7K
$448.6K – $598.2K
NOI $35,890 @ 7.0% cap · market cap 14.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
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 - Well-maintained duplex near shopping, dining, and hospitals.
Where is this duplex located?
The property is located at 3151 Regal Drive Edinburg, TX.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Income‑producing duplex: Excellent investment potential; Two spacious units, each with 2 bedrooms and 2 bathrooms; Well‑maintained property
