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Five-Unit Apartment Building
For Sale
$420,000

5102 W Schunior Street, Edinburg, TX 78541

Residential Income, Edinburg, TX

Property Size4,500 SF
Lot Size0.88 Acres
Price / SF$93.33
Days on Market183

Property Features for 5102 W Schunior Street

General Information

Property type Residential Multi Family
Property subtype Other
Parking features None
Patio and Porch features Patio
Exterior features Mature Trees
Appliances Electric Water Heater, Water Heater (Other Location), Dryer, Refrigerator, Stove/Range-Electric Coil, Washer
Subdivision Tex-Mex Survey
Lot features Mature Trees
Elementary school Cavazos
Middle school B.L. Garza
High school Vela H.S.
Elementary school district Edinburg ISD
Middle school district Edinburg ISD
High school district Edinburg ISD
Directions From State Highway 107 (University) and Hoehn, Go North. On Schunior, Go West. Property on South Side.
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 Central Air, Electric

Building Details

Year built 1989
Floors in Building 1
Number of units 5
Building materials Brick
Roof type Composition
Listing Agency: SANETI Realty Group
Listed By: Manuel Zavala
Added: Apr 21 Changed: Oct 8 Last Checked: Oct 20 at 12:06PM
MLS# 502415

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.

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Investment Insights

Based on property information with market context.

This five-unit apartment property at 5102 W Schunior Street in Edinburg contains approximately 4,500 square feet. Each residence offers two bedrooms, one bathroom, and approximately 900 square feet of living space. Appliances include a refrigerator, electric range, washer, and dryer, while central electric heating and central air conditioning serve the units. Brick construction, composition roofing, patios, and mature trees are among the property’s physical features.

The building is currently fully occupied and positioned near schools, shopping, and everyday amenities. Built as an established multifamily asset, it combines a defined five-unit layout with existing residential occupancy and on-site improvements suited to apartment use.

Key Highlights

  • Five‑unit apartment property with current full occupancy
  • Each unit includes 2 bedrooms, 1 bathroom, and approximately 900 square feet
  • Approximately 4,500 square feet of total property size

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,779
Cap Rate
9.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$755,580 $755.6K
Cap Rate 7%
$539,700 $539.7K
Cap Rate 9%
$419,767 $419.8K
Market Conditions
NOI Build-Up for 4,500 SF
Gross rent
$70.7K $15.72/SF
− Vacancy
−$2.1K −$0.46/SF
EGI
$68.7K $15.26/SF
− OpEx
−$30.9K −$6.87/SF
NOI
$37.8K $8.40/SF
Area
Edinburg, TX
Vacancy
2.90%
Lease Rate
$15.72 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$755,580
Cap Rate 7%
$539,700
Cap Rate 9%
$419,767

Alternative Uses

Best Use
Apartment 5plus
$539.7K
$472.2K – $629.7K (±1% cap)
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 (±1% cap)
NOI $81,734 @ 7.0% cap · market cap 19.46%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

5
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

64
Businesses Nearby

Demographics for 78541, TX

48,513
Population
17,669
Households
2.7
Avg Household Size
28
Median Age
25%
College-Educated
77%
High-School Grad
290.2 sq mi
ZIP Area
167
Density / Sq Mi
$50,567
Median Household Income
$30,752
Median Earnings
$945
Median Rent
$142,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied brick property with appliance-equipped units, central HVAC, patios, and mature trees.
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 property with current full occupancy; Each unit includes 2 bedrooms, 1 bathroom, and approximately 900 square feet; Approximately 4,500 square feet of total property size
More about this property
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