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New 3-Bedroom Duplex
For Sale
$367,000
Pending

10320 N 33rd, McAllen, TX 78504

Each residence offers covered parking, a private patio, and stainless steel kitchen appliances.

Property Size2,100 SF
Days on Market87

Property Features for 10320 N 33rd

General Information

Standard status Pending
Size 2,100 SF
Total Parking Spaces 4
Property subtype Multi-Family

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2

Additional Details

Road Access Yes

Amenities

covered private patio
stainless steel appliances

Building Details

Year Built 2026
Buildings 1
Listing Agency: Texas Landmark Realty Llc
Listed By: Irene Uribe Manrique De Lara · License #801067752
Source: Ryanandbrian
Added: Jul 22 Changed: Oct 4 Last Checked: Oct 16 at 6:22AM

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

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Investment Insights

Based on property information with market context.

Scheduled for completion in December 2026, this 2,100 SF duplex includes two residences with matching three-bedroom, two-bath layouts. Each unit is planned with one shower and one tub, a covered private patio with slab, covered parking for four vehicles, and a stainless steel stove, refrigerator, and micro-hood. The floor plan is represented by illustrative renders based on the planned design.

The property is located off Sprague and 31st, with access through Brazos or Zurich. Nearby destinations identified for the property include McAllen Camp and Cross Park, with University Drive to the south. Planned community features include a park, playground, courts, jogging trails, BBQ pits, covered seating, and green areas.

Key Highlights

  • 2,100 SF duplex with two three‑bedroom, two‑bath residences
  • Each unit includes one shower and one tub
  • Covered private patio with slab for each residence

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,976
Cap Rate
5.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$379,520 $379.5K
Cap Rate 7%
$271,086 $271.1K
Cap Rate 9%
$210,844 $210.8K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$29.0K $13.80/SF
− Vacancy
−$1.9K −$0.89/SF
EGI
$27.1K $12.91/SF
− OpEx
−$8.1K −$3.87/SF
NOI
$19.0K $9.04/SF
Area
McAllen, TX
Vacancy
6.46%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$379,520
Cap Rate 7%
$271,086
Cap Rate 9%
$210,844

Alternative Uses

Best Use
Multifamily LT 5
$271.1K
$237.2K – $316.3K (±1% cap)
NOI $18,976 @ 7.0% cap · market cap 5.17%
Second Best
Apartment 5plus
$249.1K
$218.0K – $290.7K (±1% cap)
NOI $17,439 @ 7.0% cap · market cap 4.75%
Theoretical Best
Office A
$570.2K
$499.0K – $665.3K (±1% cap)
NOI $39,917 @ 7.0% cap · market cap 10.88%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

147
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each residence offers covered parking, a private patio, and stainless steel kitchen appliances.
Where is this duplex located?
The property is located at 10320 N 33rd McAllen, TX.
What is the asking price?
The asking price for this property is $367,000.
What are key features of this property?
This property features: 2,100 SF duplex with two three‑bedroom, two‑bath residences; Each unit includes one shower and one tub; Covered private patio with slab for each residence
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