511 N 85th Street Edinburg, TX 78542
Built in 2019, this duplex offers two 3-bedroom, 2-bath units with shared outdoor space and strong in-place occupancy.
Property Features for 511 N 85th Street
General Information
- Standard status
- Active
- Size
- 2,410 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2019
Listing office eXp Realty
Listing date Jun 17, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
The duplex is located at 511 N 85th Street in Edinburg, Texas, just off Highway 107. The surrounding area includes neighborhood convenience with nearby retail and dining options such as Bordertown Market, Stripes, and Little Caesars.
With both sides leased and finished to a consistent standard, this property can be a practical fit for buyers seeking a duplex structure with repeatable unit layouts and established tenant occupancy. The combination of functional interiors, outdoor shared space, and in-place rent provides a straightforward option for those looking to add a residential income asset with minimal downtime.
Key Highlights
- Duplex built in 2019 featuring two units that are currently 100% occupied
- Each unit has 3 bedrooms and 2 bathrooms with approximately 1,200+ SF of living space
- Units include porcelain tile flooring, granite countertops, and plantation shutters
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 |
