Five-Unit Apartment Building in
5102 W Schunior Street Edinburg, TX 78541
5102 W Schunior Street, Edinburg, TX, 78541
$420,000
For Sale
$420,000
MULTI_FAMILY - Edinburg, TX
Property Size4,500 SF
Lot Size0.88 Acres
Price / SF$93.33
Days on Market88
Property Features for 5102 W Schunior Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Garage
- Patio and Porch features
- Patio
- Exterior features
- Mature Trees
- Appliances
- Electric Water Heater, Water Heater (Other Location), Dryer, Refrigerator, Stove/Range-Electric Coil, Washer
- Standard status
- Active
- APN
- T210000280000102
- Size
- 4,500 SF
- Lot size
- 0.88 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 8978
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 1989
- Floors in Building
- 1
- Number of units
- 5
- Building materials
- Brick
- Roof type
- Composition
Listing Agency
SANETI Realty Group
(956) 833-1850
2520a Buddy Owens Blvd, McAllen, TX
Listed by
Manuel Zavala
(224) 330-7777
Added: Apr 21 Checked: Jul 17 at 11:06 pm
MLS# 502415
Listing URL
Copyright © 2026 Greater McAllen Association of Realtors. 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 five-unit apartment building, constructed in 1988, is situated on approximately 0.80 acres. Each unit includes 2 bedrooms, 1 bathroom, and approximately 900 square feet of living space, with appliances provided. The property is currently operating at full occupancy, providing immediate income. It offers ample parking and is located in a desirable rental area, with convenient access to schools, shopping, and everyday amenities. The property is located in Edinburg, Texas.
Key Highlights
- Five‑unit apartment building on approx. 0.80 acres with current full occupancy
- Each unit features 2 bedrooms, 1 bathroom, and approx. 900 SF of living space
- Tenant appliances included: refrigerator, stove/range (electric coil), washer, and dryer
Local Financial Insights For Apartment 5plus
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 | $70.7k | $15.72 |
| − Vacancy | −$2.1k | −$0.46 |
| EGI | $68.7k | $15.26 |
| − OpEx | −$30.9k | −$6.87 |
| NOI | $37.8k | $8.40 |
4,500 SF · lease $15.72/SF/yr · vacancy 2.90% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$539.7K
$472.2K – $629.7K
NOI $37,779 @ 7.0% cap · market cap 9.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.17M
$1.02M – $1.36M
NOI $81,734 @ 7.0% cap · market cap 19.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Fully occupied five-unit apartment building with immediate income potential.
Where is this apartment building located?
The property is located at 5102 W Schunior Street Edinburg, TX.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: Five‑unit apartment building on approx. 0.80 acres with current full occupancy; Each unit features 2 bedrooms, 1 bathroom, and approx. 900 SF of living space; Tenant appliances included: refrigerator, stove/range (electric coil), washer, and dryer
