Tenant-Occupied
New
For Sale
$225,000
905 N 6th Ave, Edinburg, TX 78541
Both residences include a refrigerator, range, and microwave.
Property Size1,856 SF
Price / SF$121.23
Days on Market4
Property Features for 905 N 6th Ave
General Information
Standard status
Active
Size
1,856 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
2002
Buildings
1
Listing Agency:
Keller Williams Realty RGV
Listed By:
Louann Osment
(956) 566-8377
Source:
Aregtx
Added: Oct 7
Last Checked: Oct 7 at 2:36PM
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 Keller Williams Realty RGV
Investment Insights
Based on property information with market context.
Built in 2002, this duplex contains 1,856 square feet across two residences. Each unit is equipped with a refrigerator, range, and microwave, and long-term tenants are in place.
The property is one block from UTRGV and near restaurants, shops, and other amenities.
The property is one block from UTRGV and near restaurants, shops, and other amenities.
Key Highlights
- 1,856 square feet in a two‑unit duplex
- Built in 2002
- Refrigerator, range, and microwave provided in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,436
Cap Rate
7.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$348,720
$348.7K
Cap Rate 7%
$249,086
$249.1K
Cap Rate 9%
$193,733
$193.7K
Market Conditions
NOI Build-Up for 1,856 SF
Gross rent
$25.6K $13.80/SF
− Vacancy
−$704 −$0.38/SF
EGI
$24.9K $13.42/SF
− OpEx
−$7.5K −$4.03/SF
NOI
$17.4K $9.39/SF
Area
Edinburg, TX
Vacancy
2.75%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$348,720
Cap Rate 7%
$249,086
Cap Rate 9%
$193,733
Alternative Uses
Best Use
Multifamily LT 5
$249.1K
$218.0K – $290.6K
NOI $17,436 @ 7.0% cap · market cap 7.75%
Second Best
Apartment 5plus
$222.6K
$194.8K – $259.7K
NOI $15,582 @ 7.0% cap · market cap 6.93%
Theoretical Best
Office A
$481.6K
$421.4K – $561.9K
NOI $33,711 @ 7.0% cap · market cap 14.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
914
Businesses Nearby
Explore this area
Business Placement
Demographics for 78541, TX
48,513
Population
17,669
Households
2.7
Avg Household Size
28
Median Age
25%
College-Educated
77%
High-School Grad
290.2 sq mi
ZIP Area
167
Density / Sq Mi
$50,567
Median Household Income
$30,752
Median Earnings
$945
Median Rent
$142,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences include a refrigerator, range, and microwave.
Where is this duplex located?
The property is located at 905 N 6th Ave Edinburg, TX.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 1,856 square feet in a two‑unit duplex; Built in 2002; Refrigerator, range, and microwave provided in each unit
