511 N 85th Street, Edinburg, TX 78542
MULTI_FAMILY - Edinburg, TX
- Added:
- Jun 16, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 17 at 12:06 am
Property Features for 511 N 85th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Garage
- Exterior features
- Sprinkler System
- Fencing
- Privacy
- Appliances
- Electric Water Heater
- 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
Building Details
- Year built
- 2019
- Floors in Building
- 1
- Number of units
- 2
- Building materials
- Brick
- Roof type
- Composition
Listing agent Ronaldo (Ronnie) Esparza (956) 777-8859
Listing office eXp Realty LLC 9600 Great Hills Trail #150w, Austin, TX (888) 519-7431
Listing date Jun 16, 2026
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.
HighLights
- Duplex built in 2019 with Central heating and Central Air
- Both units are 3 bed / 2 bath and currently 100% occupied
- Each unit features porcelain tile flooring and granite countertops
- Open‑concept layouts with plantation shutters in both units
- Shared backyard includes a Rainbow play set; sprinkler system on site
- Brick construction with composition roof, privacy fencing, and garage parking; public water
Overview
The duplex is located at 511 N 85th Street in Edinburg, Texas, in Hidalgo County. It sits just off Highway 107, with convenient access to Edinburg, Elsa, and Edcouch. Nearby shopping and dining options noted in the listing include Bordertown Market, Stripes, and Little Caesars.
Designed for tenants seeking comfortable, functional living space, the duplex presents a turnkey setup with both units described as currently occupied. With matching interior finishes across both sides and a shared backyard amenity, the property may appeal to buyers looking for a straightforward residential income asset with two well-appointed units.
Local 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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Edinburg
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.070316
- Latitude
- 26.298156
