Well-Maintained 4-Unit
For Sale
$549,000
85 Galonsky St., Brownsville, TX 78520
Four occupied units feature open layouts, spacious kitchens, in-unit laundry, tile flooring, and granite countertops.
Property Size4,002 SF
Price / SF$137.18
Days on Market75
Property Features for 85 Galonsky St.
General Information
Standard status
Active
Size
4,002 SF
Property subtype
Multi-Family
Additional Details
Highway Access
Yes
Multifamily Units
4
Amenities
in-unit laundry
tile flooring
granite countertops
walk-in closets
on-site parking
Building Details
Year Built
2015
Buildings
1
Listing Agency:
RE/MAX Elite Brownsville
Listed By:
Alfonso Delgado · License #TREC#0827894
(956) 245-7236
Source:
Accessrealtyrgv
Added: Aug 2
Changed: Oct 12
Last Checked: Oct 15 at 2:18AM
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 RE/MAX Elite Brownsville
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Investment Insights
Based on property information with market context.
Built in 2015, this four-unit residential income property offers approximately 1,000 square feet per unit. Each residence includes an open interior plan, a spacious kitchen, in-unit laundry, tile flooring, granite countertops, and a primary suite with a walk-in closet. On-site parking supports the property’s residential configuration, while ongoing interior and exterior upkeep contributes to its well-maintained condition.
All four units are currently occupied under month-to-month leases, providing in-place rental income with lease flexibility. The property is positioned near SpaceX, LNG projects, major retailers, schools, and the airport, with access to the expressway. Its Brownsville address is 85 Galonsky St., Brownsville, TX 78520.
All four units are currently occupied under month-to-month leases, providing in-place rental income with lease flexibility. The property is positioned near SpaceX, LNG projects, major retailers, schools, and the airport, with access to the expressway. Its Brownsville address is 85 Galonsky St., Brownsville, TX 78520.
Key Highlights
- Four‑unit quadplex built in 2015
- Approximately 1,000 square feet per unit
- All units occupied under month‑to‑month leases
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,017
Cap Rate
6.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$660,340
$660.3K
Cap Rate 7%
$471,671
$471.7K
Cap Rate 9%
$366,856
$366.9K
Market Conditions
NOI Build-Up for 4,002 SF
Gross rent
$50.4K $12.60/SF
− Vacancy
−$3.3K −$0.81/SF
EGI
$47.2K $11.79/SF
− OpEx
−$14.2K −$3.54/SF
NOI
$33.0K $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%
$660,340
Cap Rate 7%
$471,671
Cap Rate 9%
$366,856
Alternative Uses
Best Use
Multifamily LT 5
$471.7K
$412.7K – $550.3K
NOI $33,017 @ 7.0% cap · market cap 6.01%
Second Best
Apartment 5plus
$432.6K
$378.5K – $504.7K
NOI $30,279 @ 7.0% cap · market cap 5.52%
Theoretical Best
Healthcare Medical
$689.1K
$602.9K – $803.9K
NOI $48,235 @ 7.0% cap · market cap 8.79%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
663
Businesses Nearby
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four occupied units feature open layouts, spacious kitchens, in-unit laundry, tile flooring, and granite countertops.
Where is this quadplex located?
The property is located at 85 Galonsky St. Brownsville, TX.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Four‑unit quadplex built in 2015; Approximately 1,000 square feet per unit; All units occupied under month‑to‑month leases
