Four-Unit Multifamily
11014 N 14th Lane, McAllen, TX 78504
For Sale
New
$550,000
The planned unit mix includes two three-bedroom residences and two two-bedroom residences.
Property Size4,464 SF
Price / SF$123.21
Days on Market3
Property Features for 11014 N 14th Lane
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Road Access
Taxes and HOA fees
Annual Taxes
Amenities
Ceiling Fan(s)
Decorative/High Ceilings
Dryer
Microwave
Walk-In Closet(s)
Washer
Sprinkler System
Building Details
Building Size
Year Built
Buildings
Stories
Units
Listing Agency:
Imperio Real Estate LLC
(956) 803-0341
Listed By:
Bryanna Hernandez · License TX #0755547
(956) 607-8299
Source:
Justrealty
Added: Nov 11
Changed: Nov 12
Last Checked: Nov 13 at 4:06PM
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.
Planned as a four-unit multifamily property, this new-construction building encompasses 4,464 square feet. The configuration includes two three-bedroom units and two two-bedroom units, with completion estimated for the end of November 2026. The property is within a gated community subject to deed restrictions and architectural standards.
The site is on N 14th Lane in McAllen, with access to UTRGV, Texas A&M, shopping, dining, and major roadways. Sprague Road lies between Bicentennial Boulevard and N 10th Street.
The site is on N 14th Lane in McAllen, with access to UTRGV, Texas A&M, shopping, dining, and major roadways. Sprague Road lies between Bicentennial Boulevard and N 10th Street.
Key Highlights
- 4,464‑square‑foot new‑construction fourplex
- Two 3‑bedroom units and two 2‑bedroom units
- Estimated completion at the end of November 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,337
Cap Rate
7.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$806,740
$806.7K
Cap Rate 7%
$576,243
$576.2K
Cap Rate 9%
$448,189
$448.2K
Market Conditions
NOI Build-Up for 4,464 SF
Gross rent
$61.6K $13.80/SF
− Vacancy
−$4.0K −$0.89/SF
EGI
$57.6K $12.91/SF
− OpEx
−$17.3K −$3.87/SF
NOI
$40.3K $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%
$806,740
Cap Rate 7%
$576,243
Cap Rate 9%
$448,189
Alternative Uses
Best Use
Multifamily LT 5
$576.2K
$504.2K – $672.3K
NOI $40,337 @ 7.0% cap · market cap 7.33%
Second Best
Apartment 5plus
$529.6K
$463.4K – $617.8K
NOI $37,070 @ 7.0% cap · market cap 6.74%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,852 @ 7.0% cap · market cap 15.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
4
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
959
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
$203,900
Median Home Value
Market
Average Price Trend$/SF for Quadplexes in McAllen, TX
Properties on Market for Quadplexes in McAllen
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - The planned unit mix includes two three-bedroom residences and two two-bedroom residences.
Where is this quadplex located?
The property is located at 11014 N 14th Lane McAllen, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 4,464‑square‑foot new‑construction fourplex; Two 3‑bedroom units and two 2‑bedroom units; Estimated completion at the end of November 2026
