Five-Unit Apartment
For Sale
$420,000
5102 W Schunior St, Edinburg, TX 78541
Five-unit apartment building built in 1988 with all-appliance units, each offering two bedrooms and one bathroom.
Property Size4,500 SF
Lot Size0.80 Acres
Price / SF$93.33
Days on Market103
Property Features for 5102 W Schunior St
General Information
Standard status
Active
Size
4,500 SF
Lot size
0.80 Acres
Property subtype
Residential Income
Occupancy
100%
Additional Details
Multifamily Units
5
Building Details
Year Built
1988
Listing Agency:
SANETI Realty Group
(224) 330-7777
Listed By:
Manuel Zavala
(224) 330-7777
Source:
Exprealty
Added: Apr 21
Changed: Jul 31
Last Checked: Jul 31 at 4:18AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SANETI Realty Group
Investment Insights
Based on property information with market context.
This five-unit apartment building provides steady residential income with current full occupancy. Built in 1988, the property sits on approximately 0.80 acres and totals about 4,500 square feet. Each unit features two bedrooms, one bathroom, and approximately 900 square feet of living space, and includes appliances for tenant convenience. The building is set up for multi-tenant use with ample on-site parking.
The property is located at 5102 W Schunior St in Edinburg, TX, in an established rental area with close proximity to schools, shopping, and everyday amenities.
Owner financing is available, offering added flexibility for qualified buyers.
The property is located at 5102 W Schunior St in Edinburg, TX, in an established rental area with close proximity to schools, shopping, and everyday amenities.
Owner financing is available, offering added flexibility for qualified buyers.
Key Highlights
- Five‑unit apartment building operating at full occupancy
- Built in 1988 on approximately 0.80 acres
- About 4,500 total square feet
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 authorities.
Property Analytics
Current Use
Lease Details
5
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
770
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Five-unit apartment building built in 1988 with all-appliance units, each offering two bedrooms and one bathroom.
Where is this apartment building located?
The property is located at 5102 W Schunior St 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 operating at full occupancy; Built in 1988 on approximately 0.80 acres; About 4,500 total square feet
