New Duplex Near
For Sale
$375,000
5616 King Dr. Unit 162, Brownsville, TX 78520
Recently built duplex with convenient highway access and nearby healthcare and schools.
Property Size2,238 SF
Price / SF$167.56
Days on Market53
Property Features for 5616 King Dr. Unit 162
General Information
Standard status
Active
Size
2,238 SF
Property subtype
Multi-Family
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Multifamily Units
2
Building Details
Year Built
2026
Listing Agency:
Texas Land Trade Realty, LLC
Listed By:
Narda C. Vera · License #296550_29
(956) 561-1602
Source:
Accessrealtyrgv
Added: Aug 25
Changed: Oct 3
Last Checked: Oct 7 at 2:03PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Completed in 2026, this 2,238-square-foot duplex is located at 5616 King Dr. Unit 162 in Brownsville. The property sits on a tree-lined street near a major highway, providing access to the expressway for commuting.
A hospital is approximately a 2-minute drive away. The property is zoned to LFCISD, with schools reachable on foot or by a short bus ride.
A hospital is approximately a 2-minute drive away. The property is zoned to LFCISD, with schools reachable on foot or by a short bus ride.
Key Highlights
- 2,238‑square‑foot duplex completed in 2026
- Located at 5616 King Dr. Unit 162, Brownsville, TX 78520
- 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
Current Use
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
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Recently built duplex with convenient highway access and nearby healthcare and schools.
Where is this duplex located?
The property is located at 5616 King Dr. Unit 162 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: 2,238‑square‑foot duplex completed in 2026; Located at 5616 King Dr. Unit 162, Brownsville, TX 78520; Near a major highway with expressway access
