New Duplex With Covered
New
For Sale
$355,000
10310 N 33rd Lane, McAllen, TX 78504
Two-unit property offers matching three-bedroom layouts, private patios, covered vehicle storage, and stainless steel appliances.
Property Size2,210 SF
Price / SF$160.63
Days on Market6
Property Features for 10310 N 33rd Lane
General Information
Standard status
Active
Size
2,210 SF
Total Parking Spaces
4
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$500
Building Details
Buildings
1
Tenancy
Multi
Abandoned
No
Listing Agency:
Texas Landmark Realty LLC
(956) 492-5638
Listed By:
Irene Uribe Manrique de Lara
(956) 492-5638
Source:
Exprealty
Added: Jul 28
Changed: Aug 2
Last Checked: Aug 2 at 5:15AM
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 Landmark Realty LLC
Investment Insights
Based on property information with market context.
This brand-new duplex contains 2,210 square feet and is arranged as two residential units with matching three-bedroom, two-bathroom floor plans. Each residence includes one shower and one tub, a covered private patio with slab, covered parking for four vehicles, and a stainless steel stove, refrigerator, and microhood. The published renders are illustrative and based on the floor plan.
The property is addressed at 10310 N 33rd Lane in McAllen, with access from Sprague and 31st through Brazos or Zurich. The surrounding area includes McAllen Camp and Cross Park, with the property located south of University Drive. Planned community features include a park, playground, courts, jogging trails, BBQ pits, covered seating, and green areas.
The property is addressed at 10310 N 33rd Lane in McAllen, with access from Sprague and 31st through Brazos or Zurich. The surrounding area includes McAllen Camp and Cross Park, with the property located south of University Drive. Planned community features include a park, playground, courts, jogging trails, BBQ pits, covered seating, and green areas.
Key Highlights
- Brand‑new duplex with 2,210 square feet
- Each unit offers 3 bedrooms and 2 bathrooms
- Covered private patio with slab for each residence
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 | $30.5k | $13.80 |
| − Vacancy | −$2.0k | −$0.89 |
| EGI | $28.5k | $12.91 |
| − OpEx | −$8.6k | −$3.87 |
| NOI | $20.0k | $9.04 |
2,210 SF · lease $13.80/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$285.3K
$249.6K – $332.8K
NOI $19,969 @ 7.0% cap · market cap 5.63%
Second Best
Apartment 5plus
$262.2K
$229.4K – $305.9K
NOI $18,352 @ 7.0% cap · market cap 5.17%
Theoretical Best
Office A
$600.1K
$525.1K – $700.1K
NOI $42,008 @ 7.0% cap · market cap 11.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
68
Businesses Nearby
Explore this area
Business Placement
Demographics for 78504, TX
56,830
Population
21,417
Households
2.7
Avg Household Size
35
Median Age
40%
College-Educated
86%
High-School Grad
19.6 sq mi
ZIP Area
2,899
Density / Sq Mi
$77,627
Median Household Income
$41,632
Median Earnings
$1,178
Median Rent
$203,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property offers matching three-bedroom layouts, private patios, covered vehicle storage, and stainless steel appliances.
Where is this duplex located?
The property is located at 10310 N 33rd Lane McAllen, TX.
What is the asking price?
The asking price for this property is $355,000.
What are key features of this property?
This property features: Brand‑new duplex with 2,210 square feet; Each unit offers 3 bedrooms and 2 bathrooms; Covered private patio with slab for each residence
