Duplex with Private
For Sale
$345,000
10918 N 27th St, McAllen, TX 78504
Duplex offers two units with 3 bedrooms, 2 baths, open living areas, and private patios.
Property Size2,200 SF
Price / SF$156.82
Days on Market204
Property Features for 10918 N 27th St
General Information
Standard status
Active
Size
2,200 SF
Property subtype
Residential Income
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,500
Amenities
private patios
pantry space
stainless steel appliances
dishwasher connections
spacious closets
large walk-in shower
extended vanity
walk-in closet
Listing Agency:
Texas Landmark Realty LLC
Listed By:
Irene Uribe Manrique de Lara · License #801067752
(956) 492-5638
Source:
Exprealty
Added: Apr 2
Changed: Oct 21
Last Checked: Oct 20 at 10:37PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex includes two residential units, each offering 3 bedrooms, 2 baths, open living areas, and private patios. Interiors feature pantry space, stainless steel appliances, and dishwasher connections, along with spacious closets. The primary suite is designed with a large walk-in shower, an extended vanity, and a walk-in closet.
The property is located off Sprague & 29th St in North McAllen near parks, shopping, dining, and healthcare, with zoning to Edinburg ISD. Pre-construction pricing is available, and the seller may assist with closing costs.
Financing may be accessible through FHA/DPA programs for qualified buyers, and the listing notes eligibility for 3.5% down for those meeting specified credit requirements.
The property is located off Sprague & 29th St in North McAllen near parks, shopping, dining, and healthcare, with zoning to Edinburg ISD. Pre-construction pricing is available, and the seller may assist with closing costs.
Financing may be accessible through FHA/DPA programs for qualified buyers, and the listing notes eligibility for 3.5% down for those meeting specified credit requirements.
Key Highlights
- New duplex with Year Built 2026 featuring 2 units
- Each unit offers 3 bedrooms and 2 baths with open living areas
- Private patios included with each unit
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
Location Intelligence
Trade Area within ½ mile
71
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 - Duplex offers two units with 3 bedrooms, 2 baths, open living areas, and private patios.
Where is this duplex located?
The property is located at 10918 N 27th St 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: New duplex with Year Built 2026 featuring 2 units; Each unit offers 3 bedrooms and 2 baths with open living areas; Private patios included with each unit
