Duplex with Private
For Sale
$345,000
10916 N 27th Ln, McAllen, TX 78504
Each floorplan offers three bedrooms, two baths, generous closet space, and a private patio.
Property Size2,200 SF
Price / SF$156.82
Days on Market12
Property Features for 10916 N 27th Ln
General Information
Standard status
Active
Size
2,200 SF
Property subtype
Residential Income
Additional Details
Utilities to Site
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,500
Amenities
private patios
Building Details
Buildings
1
Listing Agency:
Texas Landmark Realty LLC
Listed By:
Irene Uribe Manrique de Lara · License #801067752
(956) 492-5638
Source:
Exprealty
Added: Oct 22
Changed: Nov 1
Last Checked: Nov 1 at 3:14PM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex has 2,200 square feet and a floorplan with three bedrooms and two baths. Interior features include stainless steel appliances, dishwasher connections, pantry space, additional storage, and large bedroom closets. The primary suite includes a walk-in shower, an extended vanity, and a walk-in closet. Private patios provide outdoor space for each residence.
The property is in North McAllen, off Sprague and 29th Street. Zinnia and Tres Lagos Park, H-E-B, Walmart, dining, and healthcare are nearby.
The property is in North McAllen, off Sprague and 29th Street. Zinnia and Tres Lagos Park, H-E-B, Walmart, dining, and healthcare are nearby.
Key Highlights
- 2,200 square feet
- Duplex floorplan with 3 bedrooms and 2 baths
- Private patios
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,879
Cap Rate
5.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$397,580
$397.6K
Cap Rate 7%
$283,986
$284.0K
Cap Rate 9%
$220,878
$220.9K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$30.4K $13.80/SF
− Vacancy
−$2.0K −$0.89/SF
EGI
$28.4K $12.91/SF
− OpEx
−$8.5K −$3.87/SF
NOI
$19.9K $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%
$397,580
Cap Rate 7%
$283,986
Cap Rate 9%
$220,878
Alternative Uses
Best Use
Multifamily LT 5
$284.0K
$248.5K – $331.3K
NOI $19,879 @ 7.0% cap · market cap 5.76%
Second Best
Apartment 5plus
$261.0K
$228.4K – $304.5K
NOI $18,269 @ 7.0% cap · market cap 5.30%
Theoretical Best
Office A
$597.4K
$522.7K – $697.0K
NOI $41,818 @ 7.0% cap · market cap 12.12%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
49
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
Frequently Asked Questions
What type of property is this?
Duplex - Each floorplan offers three bedrooms, two baths, generous closet space, and a private patio.
Where is this duplex located?
The property is located at 10916 N 27th Ln McAllen, TX.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: 2,200 square feet; Duplex floorplan with 3 bedrooms and 2 baths; Private patios
