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New Duplex Under Construction
For Sale
$375,000

5094 MCKENZIE LN., Brownsville, TX 78521

MULTI_FAMILY - BROWNSVILLE, TX

Property Size2,112 SF
Lot Size0.23 Acres
Price / SF$177.56
Days on Market25

Property Features for 5094 MCKENZIE LN.

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Parking features None
Interior features Ceiling Fan(s), Smoke Alarm(s), Walk-in Closet(s)
Fencing Privacy
Appliances Range, Refrigerator
Subdivision NB
Lot features Corner Lot
Elementary school GONZALEZ
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 0.23 Acres

Utilities

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

Amenities

laundry room
privacy wooded fence

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: Jul 8 Changed: Jul 31 Last Checked: Aug 1 at 6:06AM
MLS# 29777819

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.

New duplex currently under construction (2025) featuring a stucco and brick exterior with privacy fencing. Each unit is designed with three bedrooms and two bathrooms, plus a laundry room and a modern kitchen with an island and quartz countertops. Interior features include ceiling fans, smoke alarms, and walk-in closets, with tile flooring throughout.

The property sits on a 0.227-acre lot with a large backyard for each tenant. Utilities are set up with public water and public sewer, and heating and cooling are provided via central electric systems.

This duplex offers a straightforward residential income configuration for tenants seeking separate outdoor space in a recently built framework.

Key Highlights

  • New duplex under construction (2025)
  • Three bedrooms and two bathrooms per unit with 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 4.65%
Second Best
Apartment 5plus
$228.3K
$199.7K – $266.3K (±1% cap)
NOI $15,979 @ 7.0% cap · market cap 4.26%
Theoretical Best
Healthcare Medical
$363.7K
$318.2K – $424.3K (±1% cap)
NOI $25,456 @ 7.0% cap · market cap 6.79%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

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 - New duplex under construction with central electric HVAC, tile floors, and public water and sewer.
Where is this duplex located?
The property is located at 5094 MCKENZIE LN. Brownsville, TX.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: New duplex under construction (2025); Three bedrooms and two bathrooms per unit with laundry room; Modern kitchen with island and quartz countertops
More about this property
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