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Duplex with Covered Parking

10322 N 33rd, McAllen, TX 78504

For Sale
New
$365,000

Each residence has three bedrooms, two bathrooms, a private covered patio, and stainless steel kitchen appliances.

Property Size2,210 SF
Price / SF$165.16
Days on Market4

Property Features for 10322 N 33rd

General Information

Standard status Active
Size 2,210 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2
Parking per Unit 4

Building Details

Year Built 2026
Listing Agency: Texas Landmark Realty Llc
Listed By: Irene Uribe Manrique De Lara · License TX #801067752
Source: Tnt
Added: Nov 6 Last Checked: Nov 8 at 3:12AM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The 2,210-square-foot duplex is designed with two residences, each offering three bedrooms and two bathrooms, including a shower and tub. Each unit also has a private covered patio with a concrete slab, covered parking, and a stainless steel stove, refrigerator, and microhood. The floor plan is depicted in illustrative renderings, and the property has a 2026 year built designation.

Access is described from Sprague and 31st, via Brazos or Zurich. McAllen Camp and Cross Park are identified nearby, and the property is south of University Drive. Planned community amenities include a park, playground, courts, jogging trails, BBQ pits, covered seating, and green space.

Key Highlights

  • Two residences, each with 3 bedrooms and 2 bathrooms
  • 2,210 square feet
  • Covered parking for four vehicles

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

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

Average Price Trend$/SF for Duplexes in Hidalgo County, TX

$127 Jul
$141 Aug
$148 Sep
$139 Oct

Properties on Market for Duplexes in Hidalgo County

Jul
Aug
Sep
Oct

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 has three bedrooms, two bathrooms, a private covered patio, and stainless steel kitchen appliances.
Where is this duplex located?
The property is located at 10322 N 33rd 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: Two residences, each with 3 bedrooms and 2 bathrooms; 2,210 square feet; Covered parking for four vehicles
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