10322 N 33rd Lane, McAllen, TX 78504
Two residences feature private patios, covered parking, and stainless-steel kitchen appliances.
Property Features for 10322 N 33rd Lane
General Information
Units
Additional Details
Building Details
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Investment Insights
Based on property information with market context.
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 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 |
Alternative Uses
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Current Use
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Location Intelligence
Trade Area within ½ mile
Demographics for 78504, TX
Market
Vacancy Rate% for Multifamily in South region