2023-Built Duplex with
For Sale
$115,000
11708 Emeri Lane, Donna, TX 78537
Residential Income, Donna, TX
Property Size768 SF
Lot Size0.50 Acres
Price / SF$149.74
Days on Market106
Property Features for 11708 Emeri Lane
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
None
Patio and Porch features
Patio
Appliances
Electric Water Heater, Gas Cooktop, Refrigerator
Subdivision
San Martin
Lot features
Curb & Gutters
Elementary school
Singleterry
Middle school
Veterans
High school
Donna H.S.
Elementary school district
Donna ISD
Middle school district
Donna ISD
High school district
Donna ISD
Directions
Take exit 152 toward F.M. 1423/Val Verde Rd. Merge onto W Expy 83/E Frontage Rd/U.S. 83 Frontage Rd S. Turn left onto N Val Verde Rd. Drive aprox 5.5 miles. Continue on Canton Rd. Drive to Emeri Ln. Turn right onto Canton Rd. Turn right onto Emeri Ln ? Destination will be on the left
Standard status
Active
APN
S109106000021400
Size
768 SF
Lot size
0.50 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2540
Utilities
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
2023
Floors in Building
1
Number of units
2
Building materials
Wood Siding
Roof type
Shingle
Listing Agency:
Keller Williams Realty RGV
(956) 928-1155
Listed By:
Ramon Mancinas
(956) 400-1084
Added: Jun 1
Changed: Sep 4
Last Checked: Sep 14 at 4:06AM
MLS# 505806
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.
Investment Insights
Based on property information with market context.
Built in 2023, this duplex contains two residential units within 768 square feet. Each unit offers 1 bedroom, 1 bathroom, a patio, and kitchen appliances including a gas cooktop, refrigerator, and electric water heater. The property has wood siding, shingle roofing, and window-unit cooling.
The 0.5001-acre property is located at 11708 Emeri Lane in Donna, Texas. Both units are occupied, and the property is served by public water. A shared septic system and single electric meter serve the duplex. There is no designated parking, and the property includes no listed parking features.
The 0.5001-acre property is located at 11708 Emeri Lane in Donna, Texas. Both units are occupied, and the property is served by public water. A shared septic system and single electric meter serve the duplex. There is no designated parking, and the property includes no listed parking features.
Key Highlights
- Two‑unit duplex built in 2023
- Each unit has 1 bedroom and 1 bathroom
- 768 square feet on a 0.5001‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$6,716
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.84%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$134,320
$134.3K
Cap Rate 7%
$95,943
$95.9K
Cap Rate 9%
$74,622
$74.6K
Market Conditions
NOI Build-Up for 768 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$10.8K $14.04/SF
− Vacancy
−$1.2K −$1.55/SF
EGI
$9.6K $12.49/SF
− OpEx
−$2.9K −$3.75/SF
NOI
$6.7K $8.74/SF
Area
Hidalgo County, TX
Vacancy
11.02%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$134,320
Cap Rate 7%
$95,943
Cap Rate 9%
$74,622
Alternative Uses
Best Use
Multifamily LT 5
$95.9K
$84.0K – $111.9K
NOI $6,716 @ 7.0% cap · market cap 5.84%
Second Best
Apartment 5plus
$88.3K
$77.3K – $103.1K
NOI $6,184 @ 7.0% cap · market cap 5.38%
Theoretical Best
Hotel Hospitality
$578.5K
$506.2K – $674.9K
NOI $40,493 @ 7.0% cap · market cap 35.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
33
Businesses Nearby
Explore this area
Business Placement
Demographics for 78537, TX
51,962
Population
16,683
Households
3.1
Avg Household Size
28
Median Age
10%
College-Educated
54%
High-School Grad
57.6 sq mi
ZIP Area
902
Density / Sq Mi
$36,331
Median Household Income
$20,354
Median Earnings
$744
Median Rent
$74,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Fully occupied duplex with two one-bedroom units, individual kitchen appliances, and public water service.
Where is this duplex located?
The property is located at 11708 Emeri Lane Donna, TX.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: Two‑unit duplex built in 2023; Each unit has 1 bedroom and 1 bathroom; 768 square feet on a 0.5001‑acre lot
