New Duplex Near
For Sale
$375,000
5608 King Dr. Unit 160, Brownsville, TX 78520
Two-unit residential property with convenient highway access and proximity to healthcare and LFCISD schools.
Property Size2,238 SF
Price / SF$167.56
Days on Market54
Property Features for 5608 King Dr. Unit 160
General Information
Standard status
Active
Size
2,238 SF
Property subtype
Multi-Family
Additional Details
Highway Access
Yes
Multifamily Units
2
Building Details
Year Built
2026
Listing Agency:
Texas Land Trade Realty, LLC
Listed By:
Narda C. Vera · License #296550_29
(956) 433-9803
Source:
Accessrealtyrgv
Added: Sep 7
Changed: Oct 25
Last Checked: Oct 7 at 5:00PM
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.
Built in 2026, this duplex contains 2,238 square feet of residential space and is located at 5608 King Dr. Unit 160. The two-unit configuration provides a defined multifamily format for residential ownership or occupancy.
The property sits near a major highway with expressway access available for commuting. A hospital is approximately a 2-minute drive away, while assigned LFCISD schools are reachable on foot or by a short bus ride.
The property sits near a major highway with expressway access available for commuting. A hospital is approximately a 2-minute drive away, while assigned LFCISD schools are reachable on foot or by a short bus ride.
Key Highlights
- Duplex completed in 2026
- 2,238 square feet of residential space
- Near a major highway with expressway access
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
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
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with convenient highway access and proximity to healthcare and LFCISD schools.
Where is this duplex located?
The property is located at 5608 King Dr. Unit 160 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 completed in 2026; 2,238 square feet of residential space; Near a major highway with expressway access
