Duplex Income
For Sale
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3152 Regal Drive, Edinburg, TX 78539
Vacant duplex in Edinburg with two 2-bedroom, 2-bath units, tile flooring, central HVAC, and two carport spaces.
Property Size1,976 SF
Price / SF$100.71
Days on Market120
Property Features for 3152 Regal Drive
General Information
Standard status
Active
Size
1,976 SF
Total Parking Spaces
4
Property subtype
Multifamily
Building Details
Year Built
2012
Buildings
1
Units
2
Listing Agency:
eXp Realty, LLC
(888) 519-7431
Listed By:
Nacole Ricks
Source:
Crexi
Added: Apr 16
Changed: Aug 8
Last Checked: Jul 20 at 3:58PM
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 eXp Realty, LLC
Investment Insights
Based on property information with market context.
This vacant duplex offers two separate units, each with two bedrooms and two bathrooms. The layout includes an open living and dining area with tile flooring, ample cabinetry, essential appliances, central HVAC, and ceiling fans. The exterior is stucco, and the property includes two carport spaces.
The duplex is located at 3152 Regal Drive in Edinburg, Texas, on a 5,096 square-foot lot.
As a foreclosure opportunity, the property is described as ready for immediate occupancy or lease-up, providing flexibility for an owner-occupant or investor. Financing options mentioned include cash, conventional, or investor loans.
The duplex is located at 3152 Regal Drive in Edinburg, Texas, on a 5,096 square-foot lot.
As a foreclosure opportunity, the property is described as ready for immediate occupancy or lease-up, providing flexibility for an owner-occupant or investor. Financing options mentioned include cash, conventional, or investor loans.
Key Highlights
- Duplex built in 2012 with 2 units, each featuring 2 bedrooms and 2 bathrooms
- Total 1,976 sq ft and sits on a 5,096 sq ft lot
- Each unit includes an open living and dining layout with tile flooring
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
$16,589
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
8.34%
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%
$331,780
$331.8K
Cap Rate 7%
$236,986
$237.0K
Cap Rate 9%
$184,322
$184.3K
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
$31.1K $15.72/SF
− Vacancy
−$901 −$0.46/SF
EGI
$30.2K $15.26/SF
− OpEx
−$13.6K −$6.87/SF
NOI
$16.6K $8.40/SF
Area
Edinburg, TX
Vacancy
2.90%
Lease Rate
$15.72 /SF/Yr
Expense Ratio
45.00%
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%
$331,780
Cap Rate 7%
$236,986
Cap Rate 9%
$184,322
Alternative Uses
Best Use
Multifamily LT 5
$265.2K
$232.0K – $309.4K
NOI $18,563 @ 7.0% cap · market cap 9.33%
Second Best
Apartment 5plus
$237.0K
$207.4K – $276.5K
NOI $16,589 @ 7.0% cap · market cap 8.34%
Theoretical Best
Office A
$512.7K
$448.6K – $598.2K
NOI $35,890 @ 7.0% cap · market cap 18.04%
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
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Frequently Asked Questions
What type of property is this?
Duplex - Vacant duplex in Edinburg with two 2-bedroom, 2-bath units, tile flooring, central HVAC, and two carport spaces.
Where is this duplex located?
The property is located at 3152 Regal Drive Edinburg, TX.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Duplex built in 2012 with 2 units, each featuring 2 bedrooms and 2 bathrooms; Total 1,976 sq ft and sits on a 5,096 sq ft lot; Each unit includes an open living and dining layout with tile flooring
