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New-Construction Three-Bedroom Duplex
For Sale
$365,000

10322 N 33rd Ln, McAllen, TX 78504

Two residences feature private patios, covered parking, and stainless-steel kitchen appliances.

Property Size2,210 SF
Price / SF$165.16
Days on Market96

Property Features for 10322 N 33rd Ln

General Information

Standard status Active
Size 2,210 SF
Total Parking Spaces 4
Property subtype Multi-Family

Units

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

Additional Details

Road Access Yes

Building Details

Year Built 2026
Buildings 1
Listing Agency: Texas Landmark Realty LLC
Listed By: Irene Uribe Manrique de Lara · License #801067752
Source: Aregtx
Added: Aug 3 Changed: Oct 25 Last Checked: Oct 7 at 4:19PM

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.

This planned duplex is scheduled for completion in 2026 and contains 2,210 square feet. Each residence is designed with three bedrooms and two bathrooms, including one shower and one tub. Covered private patios with concrete slabs extend the living areas, while covered parking accommodates four vehicles. Kitchens are equipped with stainless-steel stoves, refrigerators, and microhoods.

The property is located off Sprague and 31st, with access through Brazos or Zurich. It is near McAllen Camp and Cross Park, south of University Drive. Planned community amenities described for the surrounding development include a park, playground, courts, jogging trails, BBQ pits, covered seating, and green areas.

Key Highlights

  • 2,210‑square‑foot duplex scheduled for completion in 2026
  • Each unit includes 3 bedrooms and 2 bathrooms
  • Four covered parking spaces serve the property

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,969
Cap Rate
5.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$399,380 $399.4K
Cap Rate 7%
$285,271 $285.3K
Cap Rate 9%
$221,878 $221.9K
Market Conditions
NOI Build-Up for 2,210 SF
Gross rent
$30.5K $13.80/SF
− Vacancy
−$2.0K −$0.89/SF
EGI
$28.5K $12.91/SF
− OpEx
−$8.6K −$3.87/SF
NOI
$20.0K $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%
$399,380
Cap Rate 7%
$285,271
Cap Rate 9%
$221,878

Alternative Uses

Best Use
Multifamily LT 5
$285.3K
$249.6K – $332.8K (±1% cap)
NOI $19,969 @ 7.0% cap · market cap 5.47%
Second Best
Apartment 5plus
$262.2K
$229.4K – $305.9K (±1% cap)
NOI $18,352 @ 7.0% cap · market cap 5.03%
Theoretical Best
Office A
$600.1K
$525.1K – $700.1K (±1% cap)
NOI $42,008 @ 7.0% cap · market cap 11.51%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

42
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 - Two residences feature private patios, covered parking, and stainless-steel kitchen appliances.
Where is this duplex located?
The property is located at 10322 N 33rd Ln McAllen, TX.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: 2,210‑square‑foot duplex scheduled for completion in 2026; Each unit includes 3 bedrooms and 2 bathrooms; Four covered parking spaces serve the property
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Includes: Price & PSF · Cap rate · Location · Zoning

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