Back to Search
Duplex with Private Patios

10918 N 27th St McAllen, TX 78504

New
10918 N 27th St, McAllen, TX, 78504
$345,000
For Sale
$345,000

Duplex offers two units with 3 bedrooms, 2 baths, open living areas, and private patios.

Property Size2,200 SF
Price / SF$156.82
Days on Market2

Property Features for 10918 N 27th St

General Information

Standard status
Active
Size
2,200 SF
Property subtype
Multi-Family

Building Details

Year Built
2026
Listing agency Texas Landmark Realty LLC
Listed by Irene Uribe Manrique de Lara
Source Aregtx
Added: Jul 21 Updated: Jul 22 at 2:35AM Checked: Jul 22 at 2:35AM

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


Investment Insights

Based on property information with market context.

This duplex includes two residential units, each offering 3 bedrooms, 2 baths, open living areas, and private patios. Interiors feature pantry space, stainless steel appliances, and dishwasher connections, along with spacious closets. The primary suite is designed with a large walk-in shower, an extended vanity, and a walk-in closet.

The property is located off Sprague & 29th St in North McAllen near parks, shopping, dining, and healthcare, with zoning to Edinburg ISD. Pre-construction pricing is available, and the seller may assist with closing costs.

Financing may be accessible through FHA/DPA programs for qualified buyers, and the listing notes eligibility for 3.5% down for those meeting specified credit requirements.

Key Highlights

  • New duplex with Year Built 2026 featuring 2 units
  • Each unit offers 3 bedrooms and 2 baths with open living areas
  • Private patios included with each unit

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $30.4k $13.80
− Vacancy −$2.0k −$0.89
EGI $28.4k $12.91
− OpEx −$8.5k −$3.87
NOI $19.9k $9.04
2,200 SF · lease $13.80/SF/yr · vacancy 6.46% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$284.0K
$248.5K – $331.3K (±1% cap)
NOI $19,879 @ 7.0% cap · market cap 5.76%
Second Best
Apartment 5plus
$261.0K
$228.4K – $304.5K (±1% cap)
NOI $18,269 @ 7.0% cap · market cap 5.30%
Theoretical Best
Office A
$597.4K
$522.7K – $697.0K (±1% cap)
NOI $41,818 @ 7.0% cap · market cap 12.12%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Hair Salon Restaurant Law Firm Spa & Massage Center Nail Salon Pharmacy Big Box & Wholesale Store Daycare Center Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex offers two units with 3 bedrooms, 2 baths, open living areas, and private patios.
Where is this duplex located?
The property is located at 10918 N 27th St McAllen, TX.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: New duplex with Year Built 2026 featuring 2 units; Each unit offers 3 bedrooms and 2 baths with open living areas; Private patios included with each unit
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message