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New Construction Duplex

11013 N 27th Street, McAllen, TX 78504

For Sale
$365,000

Residential Income, McAllen, TX

Property Size2,453 SF
Lot Size0.14 Acres
Price / SF$148.80
Days on Market193

Property Features for 11013 N 27th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Parking 4
Exterior features Sprinkler System
Appliances Electric Water Heater, Water Heater (In Attic), Dryer, Refrigerator, Stove/Range-Electric Smooth, Washer
Subdivision Bright Woods Subdivision
Lot features Curb & Gutters, Sidewalks, Sprinkler System
Elementary school Cavazos
Middle school Longoria
High school Vela H.S.
Elementary school district McAllen ISD
Middle school district McAllen ISD
High school district McAllen ISD
Directions On Sprague Street in McAllen between 23rd and 29th Street Bright Woods Subdivision.
Standard status Active
APN B430200000007100
Size 2,453 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 1
HOA Fee $650 Annually

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 2026
Floors in Building 1
Number of units 2
Building materials Stucco
Roof type Composition
Listing Agency: Keller Williams Realty RGV
Listed By: Jose Martinez
Added: May 4 Changed: Oct 18 Last Checked: Nov 12 at 7:06PM
MLS# 503416

Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This duplex is under construction and is scheduled for completion in 2026. The property contains 2,453 square feet across two units, with each residence planned to include three bedrooms, two bathrooms, an open-concept living area, private patio, storage closet, and ample closet space. Kitchens are designed with stainless steel appliances, while primary suites include glass-enclosed showers, extended vanities, and walk-in closets.

The 0.1354-acre property is located at 11013 N 27th Street in McAllen, Texas, within the 78504 ZIP code. Exterior and building features include stucco construction, a composition roof, central heating and cooling, and a sprinkler system. Included appliances are electric water heaters, refrigerators, electric smooth-top ranges, washers, and dryers. The property is zoned to Edinburg ISD.

Key Highlights

  • 2,453‑square‑foot duplex under construction for 2026 completion
  • Each unit includes 3 bedrooms and 2 bathrooms
  • Private patios and open‑concept living areas in both units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,165
Cap Rate
6.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$443,300 $443.3K
Cap Rate 7%
$316,643 $316.6K
Cap Rate 9%
$246,278 $246.3K
Market Conditions
NOI Build-Up for 2,453 SF
Gross rent
$33.9K $13.80/SF
− Vacancy
−$2.2K −$0.89/SF
EGI
$31.7K $12.91/SF
− OpEx
−$9.5K −$3.87/SF
NOI
$22.2K $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%
$443,300
Cap Rate 7%
$316,643
Cap Rate 9%
$246,278

Alternative Uses

Best Use
Multifamily LT 5
$316.6K
$277.1K – $369.4K (±1% cap)
NOI $22,165 @ 7.0% cap · market cap 6.07%
Second Best
Apartment 5plus
$291.0K
$254.6K – $339.5K (±1% cap)
NOI $20,370 @ 7.0% cap · market cap 5.58%
Theoretical Best
Office A
$666.1K
$582.8K – $777.1K (±1% cap)
NOI $46,627 @ 7.0% cap · market cap 12.77%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

49
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Hidalgo County, TX

$127 Jul
$141 Aug
$148 Sep
$139 Oct

Properties on Market for Duplexes in Hidalgo County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer private patios, open living areas, and three-bedroom layouts with modern kitchen finishes.
Where is this duplex located?
The property is located at 11013 N 27th Street McAllen, TX.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: 2,453‑square‑foot duplex under construction for 2026 completion; Each unit includes 3 bedrooms and 2 bathrooms; Private patios and open‑concept living areas in both units
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