Duplex with Privacy
For Sale
$285,000
511 N 85th Street, Edinburg, TX 78542
MULTI_FAMILY - Edinburg, TX
Property Size2,410 SF
Lot Size0.26 Acres
Price / SF$118.26
Days on Market48
Property Features for 511 N 85th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
None
Exterior features
Sprinkler System
Fencing
Privacy
Appliances
Electric Water Heater
Subdivision
San Carlos Homesites
Lot features
Sprinkler System
Elementary school
San Carlos
Middle school
Memorial
High school
Economedes H.S.
Elementary school district
Edinburg ISD
Middle school district
Edinburg ISD
High school district
Edinburg ISD
Directions
From 281 head east on 107. North on 85th street. Pass Highland Ave. Property will be on the left before Humphrey Ave.
Standard status
Active
APN
S055000005000500
Size
2,410 SF
Lot size
0.26 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
597
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
shared backyard
play set
Building Details
Year built
2019
Floors in Building
1
Number of units
2
Building materials
Brick
Roof type
Composition
Listing Agency:
eXp Realty LLC
(888) 519-7431
Listed By:
Ronaldo (Ronnie) Esparza
(956) 777-8859
Added: Jun 16
Changed: Jul 30
Last Checked: Aug 2 at 12:06PM
MLS# 507332
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 well-maintained brick duplex was built in 2019 and is currently 100% occupied. The property includes two spacious units with each unit featuring three bedrooms and two bathrooms, with approximately over 1,200 square feet of living space. Interior finishes include porcelain tile flooring throughout, granite countertops, and plantation shutters, along with functional open-concept layouts.
Exterior features include a privacy-fenced yard and a sprinkler system. Tenants share a backyard area that includes a Rainbow play set, and the home has central heating and central air, with a composition roof and a public water source.
Conveniently located just off Highway 107, the duplex provides quick access to Edinburg, Elsa, and Edcouch. Nearby amenities include Bordertown Market, Stripes, Little Caesars, and other shopping and dining options.
Exterior features include a privacy-fenced yard and a sprinkler system. Tenants share a backyard area that includes a Rainbow play set, and the home has central heating and central air, with a composition roof and a public water source.
Conveniently located just off Highway 107, the duplex provides quick access to Edinburg, Elsa, and Edcouch. Nearby amenities include Bordertown Market, Stripes, Little Caesars, and other shopping and dining options.
Key Highlights
- Built in 2019 brick duplex, currently 100% occupied
- Two units, each with three bedrooms and two bathrooms
- Approximately over 1,200 SF of living space per unit
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 | $33.3k | $13.80 |
| − Vacancy | −$915 | −$0.38 |
| EGI | $32.3k | $13.42 |
| − OpEx | −$9.7k | −$4.03 |
| NOI | $22.6k | $9.39 |
2,410 SF · lease $13.80/SF/yr · vacancy 2.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$323.4K
$283.0K – $377.3K
NOI $22,640 @ 7.0% cap · market cap 7.94%
Second Best
Apartment 5plus
$289.0K
$252.9K – $337.2K
NOI $20,233 @ 7.0% cap · market cap 7.10%
Theoretical Best
Office A
$625.3K
$547.2K – $729.6K
NOI $43,773 @ 7.0% cap · market cap 15.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
136
Businesses Nearby
Explore this area
Business Placement
Demographics for 78542, TX
84,678
Population
25,198
Households
3.4
Avg Household Size
28
Median Age
13%
College-Educated
64%
High-School Grad
176.0 sq mi
ZIP Area
481
Density / Sq Mi
$52,962
Median Household Income
$30,377
Median Earnings
$876
Median Rent
$123,500
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?
Duplex - Brick duplex built in 2019, currently 100% occupied, with two open-concept units near Highway 107 access.
Where is this duplex located?
The property is located at 511 N 85th Street Edinburg, TX.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Built in 2019 brick duplex, currently 100% occupied; Two units, each with three bedrooms and two bathrooms; Approximately over 1,200 SF of living space per unit
