Duplex with Separate
For Sale
$255,000
Pending
373 SAN EUGENIO, Brownsville, TX 78521
Residential Income, BROWNSVILLE, TX
Property Size1,918 SF
Lot Size0.14 Acres
Days on Market62
Property Features for 373 SAN EUGENIO
General Information
Property type
Residential Multi Family
Property subtype
Other
Interior features
Ceiling Fan(s)
Fencing
Chain Link
Appliances
Range, Refrigerator
Subdivision
LA VILLITA
Lot features
Curb & Gutter
Elementary school
GARZA
Middle school
BESTEIRO
High school
LOPEZ
Elementary school district
BROWNSVILLE I.S.D.
Middle school district
BROWNSVILLE I.S.D.
High school district
BROWNSVILLE I.S.D.
Standard status
Pending
Size
1,918 SF
Lot size
0.14 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1995
Floors in Building
1
Number of units
2
Flooring type
Tile
Listing Agency:
Zavaleta Realty, LLC
(956) 410-0747
Listed By:
Bruno Zavaleta · License #296559_561
(956) 408-0133
Added: Jul 24
Changed: Sep 17
Last Checked: Sep 23 at 2:06AM
MLS# 29778192
Copyright © 2026 Rio Grande Valley Multiple Listing Service Inc. 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 duplex contains two separate units, each configured with two bedrooms and one bathroom. The 1,918-square-foot property was built in 1995 and includes tile flooring, ceiling fans, central heating, and central air conditioning. Range and refrigerator appliances convey with the sale, while chain-link fencing serves the property. Each side has designated parking and separate water and electric meters for utility administration. The roof was replaced approximately two years ago.
The property is located at 373 San Eugenio in Brownsville, Texas. Public water and public sewer serve the site, and the 0.14-acre parcel supports the duplex configuration.
The property is located at 373 San Eugenio in Brownsville, Texas. Public water and public sewer serve the site, and the 0.14-acre parcel supports the duplex configuration.
Key Highlights
- Two‑unit duplex with 2 bedrooms and 1 bathroom per side
- 1,918 square feet on a 0.14‑acre parcel
- Separate water and electric meters for each unit
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
$15,824
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
6.21%
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%
$316,480
$316.5K
Cap Rate 7%
$226,057
$226.1K
Cap Rate 9%
$175,822
$175.8K
Market Conditions
NOI Build-Up for 1,918 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
$24.2K $12.60/SF
− Vacancy
−$1.6K −$0.81/SF
EGI
$22.6K $11.79/SF
− OpEx
−$6.8K −$3.54/SF
NOI
$15.8K $8.25/SF
Area
Brownsville, TX
Vacancy
6.46%
Lease Rate
$12.60 /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%
$316,480
Cap Rate 7%
$226,057
Cap Rate 9%
$175,822
Alternative Uses
Best Use
Multifamily LT 5
$226.1K
$197.8K – $263.7K
NOI $15,824 @ 7.0% cap · market cap 6.21%
Second Best
Apartment 5plus
$207.3K
$181.4K – $241.9K
NOI $14,512 @ 7.0% cap · market cap 5.69%
Theoretical Best
Healthcare Medical
$330.2K
$289.0K – $385.3K
NOI $23,117 @ 7.0% cap · market cap 9.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
194
Businesses Nearby
Explore this area
Business Placement
Demographics for 78521, TX
88,708
Population
29,576
Households
3
Avg Household Size
32
Median Age
15%
College-Educated
62%
High-School Grad
93.7 sq mi
ZIP Area
947
Density / Sq Mi
$41,276
Median Household Income
$24,781
Median Earnings
$864
Median Rent
$90,500
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer designated parking, individual utility meters, and included kitchen appliances.
Where is this duplex located?
The property is located at 373 SAN EUGENIO Brownsville, 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 with 2 bedrooms and 1 bathroom per side; 1,918 square feet on a 0.14‑acre parcel; Separate water and electric meters for each unit
