Duplex With Covered
For Sale
$320,000
10920 N 27th, McAllen, TX 78504
Newly under construction duplex with two units, each offering three bedrooms, two full bathrooms, and covered parking.
Property Size2,200 SF
Price / SF$145.45
Days on Market94
Property Features for 10920 N 27th
General Information
Standard status
Active
Size
2,200 SF
Total Parking Spaces
4
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
2026
Tenancy
Multi
Listing Agency:
Imperio Real Estate LLC
Listed By:
Diana M. Ayala
(956) 379-0822
Source:
Aregtx
Added: Jul 21
Changed: Oct 14
Last Checked: Oct 7 at 4:03PM
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
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Investment Insights
Based on property information with market context.
UNDER CONSTRUCTION. PRE SALE. This duplex features two separate units, each laid out with three bedrooms and two full bathrooms. Each unit includes two covered parking spaces and comes equipped with major appliances, including a refrigerator, stove, microwave, washer, and dryer.
The property is located in McAllen, TX, near shopping, restaurants, and schools. It offers a straightforward live-in-and-rent configuration with two completed, appliance-ready units once construction is finalized.
Each side provides the same core improvements and amenities, supporting a consistent rental setup or owner-occupied arrangement within the duplex layout.
The property is located in McAllen, TX, near shopping, restaurants, and schools. It offers a straightforward live-in-and-rent configuration with two completed, appliance-ready units once construction is finalized.
Each side provides the same core improvements and amenities, supporting a consistent rental setup or owner-occupied arrangement within the duplex layout.
Key Highlights
- Duplex under construction (Year Built 2026) in McAllen with two separate units
- Each unit features 3 bedrooms and 2 full bathrooms
- Two 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
Multi-tenant
Tenancy
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 - Newly under construction duplex with two units, each offering three bedrooms, two full bathrooms, and covered parking.
Where is this duplex located?
The property is located at 10920 N 27th 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: Duplex under construction (Year Built 2026) in McAllen with two separate units; Each unit features 3 bedrooms and 2 full bathrooms; Two covered parking spaces per unit
