New-Construction Duplex
For Sale
Contact for pricing
10406 N 34th Street, McAllen, TX 78504
Two-story layouts include private garages and flexible ground-level bedrooms.
Property Size2,970 SF
Price / SF$171.55
Days on Market8
Property Features for 10406 N 34th Street
General Information
Standard status
Active
Size
2,970 SF
Total Parking Spaces
2
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 3
Last Checked: Aug 5 at 2:55PM
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 new-construction duplex property is planned as two-story townhome residences totaling 2,970 SF. Each home offers nearly 1,500 SF with three bedrooms, three full bathrooms, a private garage, and a bedroom on the ground level that can accommodate guests, multigenerational living, or a home office. Construction is identified for 2026.
Each residence also includes a private backyard with space for outdoor entertaining or a future pool. Select finishes may be personalized from the builder’s catalog, and estimated completion is 4–5 months. The property is described as being within a gated community and near schools, shopping, restaurants, and parks.
Each residence also includes a private backyard with space for outdoor entertaining or a future pool. Select finishes may be personalized from the builder’s catalog, and estimated completion is 4–5 months. The property is described as being within a gated community and near schools, shopping, restaurants, and parks.
Key Highlights
- Duplex townhome property totaling 2,970 SF
- Each residence offers nearly 1,500 SF
- Three bedrooms and three full bathrooms per home
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 | $41.0k | $13.80 |
| − Vacancy | −$2.6k | −$0.89 |
| EGI | $38.3k | $12.91 |
| − OpEx | −$11.5k | −$3.87 |
| NOI | $26.8k | $9.04 |
2,970 SF · lease $13.80/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$383.4K
$335.5K – $447.3K
NOI $26,837 @ 7.0% cap · market cap 5.27%
Second Best
Apartment 5plus
$352.3K
$308.3K – $411.1K
NOI $24,663 @ 7.0% cap · market cap 4.84%
Theoretical Best
Office A
$806.5K
$705.7K – $940.9K
NOI $56,454 @ 7.0% cap · market cap 11.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
109
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 - Two-story layouts include private garages and flexible ground-level bedrooms.
Where is this duplex located?
The property is located at 10406 N 34th Street McAllen, TX.
What is the asking price?
The asking price for this property is $509,500.
What are key features of this property?
This property features: Duplex townhome property totaling 2,970 SF; Each residence offers nearly 1,500 SF; Three bedrooms and three full bathrooms per home
