Leased Duplex with Brick
For Sale
$265,000
322 E Mahl St, Edinburg, TX 78539
Both units are occupied and generating rental income near UTRGV.
Property Size1,488 SF
Price / SF$178.09
Days on Market64
Property Features for 322 E Mahl St
General Information
Standard status
Active
Size
1,488 SF
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Multifamily Units
2
Building Details
Year Built
1982
Buildings
1
Construction
brick
Listing Agency:
WINNERS CIRCLE
Listed By:
Avinaash Nash Buxani · License #TREC#0712106
(956) 821-6170
Source:
Aregtx
Added: Aug 18
Changed: Oct 6
Last Checked: Oct 7 at 3:03PM
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 WINNERS CIRCLE
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Investment Insights
Based on property information with market context.
This 1,488-square-foot duplex, built in 1982, has a durable brick exterior and separate entrances for the two residences. Both units are currently occupied, providing an established rental-income profile for the next owner.
The property is located at 322 E Mahl St in Edinburg, with convenient access to UTRGV, shopping, dining, and major roadways. Its fully leased status and two-unit configuration offer a straightforward addition to a residential income portfolio.
The property is located at 322 E Mahl St in Edinburg, with convenient access to UTRGV, shopping, dining, and major roadways. Its fully leased status and two-unit configuration offer a straightforward addition to a residential income portfolio.
Key Highlights
- 1,488‑square‑foot duplex built in 1982
- Both units are occupied and producing rental income
- Brick exterior with separate entrances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,979
Cap Rate
5.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$279,580
$279.6K
Cap Rate 7%
$199,700
$199.7K
Cap Rate 9%
$155,322
$155.3K
Market Conditions
NOI Build-Up for 1,488 SF
Gross rent
$20.5K $13.80/SF
− Vacancy
−$565 −$0.38/SF
EGI
$20.0K $13.42/SF
− OpEx
−$6.0K −$4.03/SF
NOI
$14.0K $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%
$279,580
Cap Rate 7%
$199,700
Cap Rate 9%
$155,322
Alternative Uses
Best Use
Multifamily LT 5
$199.7K
$174.7K – $233.0K
NOI $13,979 @ 7.0% cap · market cap 5.28%
Second Best
Apartment 5plus
$178.5K
$156.2K – $208.2K
NOI $12,492 @ 7.0% cap · market cap 4.71%
Theoretical Best
Office A
$386.1K
$337.8K – $450.5K
NOI $27,027 @ 7.0% cap · market cap 10.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,187
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
Check the figures for this property
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 units are occupied and generating rental income near UTRGV.
Where is this duplex located?
The property is located at 322 E Mahl St Edinburg, TX.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: 1,488‑square‑foot duplex built in 1982; Both units are occupied and producing rental income; Brick exterior with separate entrances
