New Duplex Near
5601 King Dr. Unit 161, Brownsville, TX 78520
For Sale
$375,000
Two-unit residential property with convenient expressway access and nearby healthcare and schools.
Property Size2,238 SF
Price / SF$167.56
Days on Market51
Property Features for 5601 King Dr. Unit 161
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Road Access
Additional Details
Multifamily Units
Building Details
Year Built
Buildings
Listing Agency:
Texas Land Trade Realty, LLC
Listed By:
Narda C. Vera · License #296550_29
(956) 433-9803
Source:
Accessrealtyrgv
Added: Sep 20
Changed: Oct 26
Last Checked: Oct 7 at 4:34PM
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 Texas Land Trade Realty, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex was built in 2026 and is located at 5601 King Dr. Unit 161 in Brownsville, Texas. The property sits along a tree-lined street positioned just off a major highway, providing convenient access to the expressway for daily travel.
A hospital is within a 2-minute drive, while area schools are zoned to LFCISD. School access includes walking distance or a short bus ride, adding practical convenience for occupants. The property is classified as a duplex within the multifamily and residential income property categories.
A hospital is within a 2-minute drive, while area schools are zoned to LFCISD. School access includes walking distance or a short bus ride, adding practical convenience for occupants. The property is classified as a duplex within the multifamily and residential income property categories.
Key Highlights
- Duplex built in 2026
- Located at 5601 King Dr. Unit 161, Brownsville, TX 78520
- Set on a tree‑lined street just off a major highway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,464
Cap Rate
4.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$369,280
$369.3K
Cap Rate 7%
$263,771
$263.8K
Cap Rate 9%
$205,156
$205.2K
Market Conditions
NOI Build-Up for 2,238 SF
Gross rent
$28.2K $12.60/SF
− Vacancy
−$1.8K −$0.81/SF
EGI
$26.4K $11.79/SF
− OpEx
−$7.9K −$3.54/SF
NOI
$18.5K $8.25/SF
Area
Brownsville, TX
Vacancy
6.46%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$369,280
Cap Rate 7%
$263,771
Cap Rate 9%
$205,156
Alternative Uses
Best Use
Multifamily LT 5
$263.8K
$230.8K – $307.7K
NOI $18,464 @ 7.0% cap · market cap 4.92%
Second Best
Apartment 5plus
$241.9K
$211.7K – $282.2K
NOI $16,933 @ 7.0% cap · market cap 4.52%
Theoretical Best
Healthcare Medical
$385.3K
$337.2K – $449.6K
NOI $26,974 @ 7.0% cap · market cap 7.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
137
Businesses Nearby
Explore this area
Business Placement
Demographics for 78520, TX
64,949
Population
22,543
Households
2.9
Avg Household Size
34
Median Age
23%
College-Educated
69%
High-School Grad
39.7 sq mi
ZIP Area
1,636
Density / Sq Mi
$47,331
Median Household Income
$27,529
Median Earnings
$842
Median Rent
$129,200
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Brownsville, TX
Properties on Market for Duplexes in Brownsville
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with convenient expressway access and nearby healthcare and schools.
Where is this duplex located?
The property is located at 5601 King Dr. Unit 161 Brownsville, TX.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Duplex built in 2026; Located at 5601 King Dr. Unit 161, Brownsville, TX 78520; Set on a tree‑lined street just off a major highway
