Duplex with Two 2BR
6806 GREYSTONE DR. Brownsville, TX 78521
6806 GREYSTONE DR., Brownsville, TX, 78521
$189,000
Pending
For Sale
$189,000
Pending
MULTI_FAMILY - BROWNSVILLE, TX
Property Size1,680 SF
Lot Size0.11 Acres
Days on Market596
Property Features for 6806 GREYSTONE DR.
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Garage, Carport
- Interior features
- Smoke Alarm(s)
- Fencing
- Chain Link
- Standard status
- Pending
- Size
- 1,680 SF
- Lot size
- 0.11 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2002
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile
Listing agency
Real Broker, LLC
(855) 450-0442
Listed by
Delia G Sanchez
(956) 204-3082
Added: Dec 4, 2024 Updated: Jun 5 at 1:05AM Checked: Jul 23 at 4:06AM
MLS# 29761361
Copyright © 2026 Rio Grande Valley Multiple Listing Service Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex offers a straightforward two-unit setup, with each side featuring 2 bedrooms, 1 bathroom, and a dedicated laundry area. The property is being sold as-is, providing buyers with a clear, uncomplicated configuration from day one.
Located at 6806 Greystone Dr. in Brownsville, Texas, the residence sits on a lot size of 0.1148 acres. The listing is categorized as a residential income property and also works for an owner-occupant who wants to separate living space from rental income within the same building.
For tenants or buyers seeking manageable, self-contained units, the two-bedroom, one-bath layout can support a range of household needs, with in-unit laundry in both units. Because the property is sold as-is, it may appeal to investors or owner-occupants who prefer to evaluate condition and make decisions based on the existing improvements. The well-matched unit design can also simplify leasing and turn planning compared with more varied floorplans.
Located at 6806 Greystone Dr. in Brownsville, Texas, the residence sits on a lot size of 0.1148 acres. The listing is categorized as a residential income property and also works for an owner-occupant who wants to separate living space from rental income within the same building.
For tenants or buyers seeking manageable, self-contained units, the two-bedroom, one-bath layout can support a range of household needs, with in-unit laundry in both units. Because the property is sold as-is, it may appeal to investors or owner-occupants who prefer to evaluate condition and make decisions based on the existing improvements. The well-matched unit design can also simplify leasing and turn planning compared with more varied floorplans.
Key Highlights
- Built in 2002
- Two units, each with 2 bedrooms, 1 bath, and a laundry area
- Central heating and central air
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 | $21.2k | $12.60 |
| − Vacancy | −$1.4k | −$0.81 |
| EGI | $19.8k | $11.79 |
| − OpEx | −$5.9k | −$3.54 |
| NOI | $13.9k | $8.25 |
1,680 SF · lease $12.60/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$198.0K
$173.3K – $231.0K
NOI $13,860 @ 7.0% cap · market cap 7.33%
Second Best
Apartment 5plus
$181.6K
$158.9K – $211.9K
NOI $12,711 @ 7.0% cap · market cap 6.73%
Theoretical Best
Healthcare Medical
$289.3K
$253.1K – $337.5K
NOI $20,249 @ 7.0% cap · market cap 10.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex for sale with two identical 2-bedroom, 1-bath units, each including a laundry area.
Where is this duplex located?
The property is located at 6806 GREYSTONE DR. Brownsville, TX.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: Built in 2002; Two units, each with 2 bedrooms, 1 bath, and a laundry area; Central heating and central air
