Duplex with Private
New
For Sale
$337,500
11006 N 27th Street, McAllen, TX 78504
Each residence has three bedrooms, two bathrooms, and a private outdoor area.
Property Size2,200 SF
Price / SF$153.41
Days on Market4
Property Features for 11006 N 27th Street
General Information
Standard status
Active
Size
2,200 SF
Total Parking Spaces
4
Property subtype
Multi Family Home
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,500
Amenities
Built-in Features
Ceiling Fan(s)
Decorative/High Ceilings
Microwave
Walk-In Closet(s)
Building Details
Building Size
2,200 SF
Year Built
2026
Buildings
1
Stories
1
Units
2
Listing Agency:
Texas Landmark Realty LLC
Listed By:
Irene Uribe Manrique De Lara · License #801067752
(956) 492-5638
Source:
Gdvrealty
Added: Oct 22
Changed: Oct 24
Last Checked: Oct 24 at 2:42PM
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 two-unit property is planned with three bedrooms and two bathrooms in each residence, along with living areas, pantry space, large closets, and a private patio. The primary suite in each unit includes a walk-in shower, extended vanity, and walk-in closet. Appliance space and dishwasher connections are also planned. Estimated completion is December 2026.
The property is within walking distance of Cross Park and a short drive from Zinnia Park, Tres Lagos Park, and Camp McAllen. H-E-B, Walmart, dining, and healthcare are nearby, with access from the Sprague and 29th Street area.
The property is within walking distance of Cross Park and a short drive from Zinnia Park, Tres Lagos Park, and Camp McAllen. H-E-B, Walmart, dining, and healthcare are nearby, with access from the Sprague and 29th Street area.
Key Highlights
- Two residences, each with 3 bedrooms and 2 bathrooms
- Private patio for each unit
- Primary suite features a walk‑in shower, extended vanity, and walk‑in closet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,879
Cap Rate
5.89%
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 5.89%
Second Best
Apartment 5plus
$261.0K
$228.4K – $304.5K
NOI $18,269 @ 7.0% cap · market cap 5.41%
Theoretical Best
Office A
$597.4K
$522.7K – $697.0K
NOI $41,818 @ 7.0% cap · market cap 12.39%
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 - Each residence has three bedrooms, two bathrooms, and a private outdoor area.
Where is this duplex located?
The property is located at 11006 N 27th Street McAllen, TX.
What is the asking price?
The asking price for this property is $337,500.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2 bathrooms; Private patio for each unit; Primary suite features a walk‑in shower, extended vanity, and walk‑in closet
