Two-Unit Duplex with Covered
For Sale
$320,000
10920 N 27th Ln, McAllen, TX 78504
Each residence offers three bedrooms, two full bathrooms, appliances, and covered parking.
Property Size2,200 SF
Price / SF$145.45
Days on Market190
Property Features for 10920 N 27th Ln
General Information
Standard status
Active
Size
2,200 SF
Property subtype
Residential Income
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Parking per Unit
2
Taxes and HOA fees
Annual Taxes
$1.00
Amenities
refrigerator
stove
microwave
washer
dryer
Building Details
Buildings
1
Listing Agency:
Imperio Real Estate LLC
(956) 803-0341
Listed By:
Diana M. Ayala
(956) 379-0822
Source:
Exprealty
Added: May 1
Changed: Nov 4
Last Checked: Nov 4 at 2:24PM
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 Imperio Real Estate 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 2,200-square-foot duplex is under construction and offered for presale. Its two units each include three bedrooms, two full bathrooms, and two covered parking spaces. Appliances provided in each residence include a refrigerator, stove, microwave, washer, and dryer.
Shopping centers, restaurants, and schools are nearby in McAllen.
Shopping centers, restaurants, and schools are nearby in McAllen.
Key Highlights
- 2,200‑square‑foot duplex with two units
- Each unit has 3 bedrooms and 2 full bathrooms
- 2 covered parking spaces per unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,879
Cap Rate
6.21%
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 6.21%
Second Best
Apartment 5plus
$261.0K
$228.4K – $304.5K
NOI $18,269 @ 7.0% cap · market cap 5.71%
Theoretical Best
Office A
$597.4K
$522.7K – $697.0K
NOI $41,818 @ 7.0% cap · market cap 13.07%
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
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 residence offers three bedrooms, two full bathrooms, appliances, and covered parking.
Where is this duplex located?
The property is located at 10920 N 27th Ln McAllen, TX.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: 2,200‑square‑foot duplex with two units; Each unit has 3 bedrooms and 2 full bathrooms; 2 covered parking spaces per unit
