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Newly Built Duplex with Privacy Fencing
For Sale
$355,000

5042 MCKENZIE LN., Brownsville, TX 78521

MULTI_FAMILY - BROWNSVILLE, TX

Property Size2,112 SF
Lot Size0.17 Acres
Price / SF$168.09
Days on Market255

Property Features for 5042 MCKENZIE LN.

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Interior features Ceiling Fan(s)
Fencing Privacy
Subdivision NB
Elementary school CHAMPION
Middle school PERKINS
High school RIVERA
Elementary school district BROWNSVILLE I.S.D.
Middle school district BROWNSVILLE I.S.D.
High school district BROWNSVILLE I.S.D.
Standard status Active
Size 2,112 SF
Lot size 0.17 Acres

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Electric, Central Air
Water source Public

Amenities

laundry room
modern kitchen with island and quartz counter tops

Building Details

Year built 2025
Floors in Building 1
Number of units 2
Flooring type Tile
Listing Agency: Excel Realty
Listed By: Armando Hernandez · License #0703051
Added: Nov 19, 2025 Changed: Jul 31 Last Checked: Aug 1 at 7:06AM
MLS# 29770109

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 under-construction 2025 duplex at 5042 Mckenzie Ln. features a stucco exterior with privacy fencing. Each unit is designed with three bedrooms and two bathrooms, including a dedicated laundry room. Interiors include tile flooring, ceiling fan(s), a modern kitchen with an island, and quartz countertops.

The property sits on a 0.1722-acre lot and is served by public water and public sewer. Heating is central and electric, and cooling is electric with central air.

Built as a new duplex, the layout supports tenant-ready daily living with practical in-unit functions such as the laundry room and a larger back yard for each tenant, paired with privacy fencing around the exterior.

Key Highlights

  • Under‑construction 2025 duplex with stucco exterior and privacy fencing
  • Three‑bedroom, two‑bath units with a dedicated laundry room
  • Modern kitchen with island and quartz countertops

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 $26.6k $12.60
− Vacancy −$1.7k −$0.81
EGI $24.9k $11.79
− OpEx −$7.5k −$3.54
NOI $17.4k $8.25
2,112 SF · lease $12.60/SF/yr · vacancy 6.46% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$248.9K
$217.8K – $290.4K (±1% cap)
NOI $17,424 @ 7.0% cap · market cap 4.91%
Second Best
Apartment 5plus
$228.3K
$199.7K – $266.3K (±1% cap)
NOI $15,979 @ 7.0% cap · market cap 4.50%
Theoretical Best
Healthcare Medical
$363.7K
$318.2K – $424.3K (±1% cap)
NOI $25,456 @ 7.0% cap · market cap 7.17%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

6
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Under-construction 2025 duplex with stucco exterior, privacy fencing, tile floors, and central electric heating and central air.
Where is this duplex located?
The property is located at 5042 MCKENZIE LN. Brownsville, TX.
What is the asking price?
The asking price for this property is $355,000.
What are key features of this property?
This property features: Under‑construction 2025 duplex with stucco exterior and privacy fencing; Three‑bedroom, two‑bath units with a dedicated laundry room; Modern kitchen with island and quartz countertops
More about this property
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