Three-Bedroom Duplex with Covered
For Sale
Contact for pricing
10312 N 33rd Lane, McAllen, TX 78504
Each residence combines an open-concept interior with private covered patio space and stainless steel kitchen appliances.
Property Size2,210 SF
Price / SF$160.63
Days on Market8
Property Features for 10312 N 33rd Lane
General Information
Standard status
Active
Size
2,210 SF
Total Parking Spaces
4
Property subtype
Multifamily
Building Details
Year Built
2026
Buildings
1
Units
2
Listing Agency:
Texas Landmark Realty LLC
(956) 492-5638
Listed By:
Irene Uribe Manrique de Lara
Source:
Crexi
Added: Jul 29
Changed: Aug 5
Last Checked: Aug 5 at 4:27AM
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 2,210-square-foot duplex was built in 2026 and contains two residences, each with 3 bedrooms, 2 bathrooms, an open-concept arrangement, and an upscale floor plan with quality finishes. Both units include a covered private patio with slab, stainless steel stove, refrigerator, and microhood, along with covered parking for four vehicles.
The property is positioned off Sprague and 31st, with access via Brazos or Zurich. McAllen Camp and Cross Park are nearby, while University Drive is south of the property. Planned community features include a park, playground, courts, jogging trails, BBQ pits, covered seating, and green areas.
The property is positioned off Sprague and 31st, with access via Brazos or Zurich. McAllen Camp and Cross Park are nearby, while University Drive is south of the property. Planned community features include a park, playground, courts, jogging trails, BBQ pits, covered seating, and green areas.
Key Highlights
- Duplex contains two 3‑bedroom, 2‑bathroom units
- 2,210 SF property built in 2026
- Open‑concept layouts with upscale floor plans and quality finishes
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
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 - Each residence combines an open-concept interior with private covered patio space and stainless steel kitchen appliances.
Where is this duplex located?
The property is located at 10312 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: Duplex contains two 3‑bedroom, 2‑bathroom units; 2,210 SF property built in 2026; Open‑concept layouts with upscale floor plans and quality finishes
