Two-Unit Duplex
For Sale
$209,900
Pending
1710 Cyndy Ave, Mission, TX 78574
Two residential units offer separate electric metering and a practical two-bedroom, one-bath layout.
Property Size2,300 SF
Days on Market567
Property Features for 1710 Cyndy Ave
General Information
Standard status
Pending
Size
2,300 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$4,143
Listing Agency:
Encore Fine Properties
(956) 688-7542
Listed By:
Marvin Mendoza
(956) 688-7542
Source:
Exprealty
Added: Jan 23, 2025
Changed: Aug 13
Last Checked: Aug 13 at 6:44AM
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 Encore Fine Properties
Investment Insights
Based on property information with market context.
This duplex contains 2,300 square feet arranged as two residential units, with each unit providing two bedrooms and one bathroom. Separate electricity meters serve the units, supporting distinct utility tracking for the property’s two residences.
The property occupies approximately half an acre at 1710 Cyndy Ave in Mission, Texas, with access immediately near an expressway. The site’s size provides additional land area beyond the existing duplex, while any future expansion would remain subject to applicable approvals and site requirements.
The property occupies approximately half an acre at 1710 Cyndy Ave in Mission, Texas, with access immediately near an expressway. The site’s size provides additional land area beyond the existing duplex, while any future expansion would remain subject to applicable approvals and site requirements.
Key Highlights
- 2,300‑square‑foot duplex with two residential units
- Both units include 2 bedrooms and 1 bathroom
- Separate electricity meters serve each unit
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
$18,518
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
8.82%
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%
$370,360
$370.4K
Cap Rate 7%
$264,543
$264.5K
Cap Rate 9%
$205,756
$205.8K
Market Conditions
NOI Build-Up for 2,300 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
$38.1K $16.56/SF
− Vacancy
−$4.4K −$1.92/SF
EGI
$33.7K $14.64/SF
− OpEx
−$15.2K −$6.59/SF
NOI
$18.5K $8.05/SF
Area
Hidalgo County, TX
Vacancy
11.60%
Lease Rate
$16.56 /SF/Yr
Expense Ratio
45.00%
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%
$370,360
Cap Rate 7%
$264,543
Cap Rate 9%
$205,756
Alternative Uses
Best Use
Multifamily LT 5
$287.3K
$251.4K – $335.2K
NOI $20,113 @ 7.0% cap · market cap 9.58%
Second Best
Apartment 5plus
$264.5K
$231.5K – $308.6K
NOI $18,518 @ 7.0% cap · market cap 8.82%
Theoretical Best
Hotel Hospitality
$1.73M
$1.52M – $2.02M
NOI $121,268 @ 7.0% cap · market cap 57.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
160
Businesses Nearby
Explore this area
Business Placement
Demographics for 78574, TX
63,627
Population
18,309
Households
3.5
Avg Household Size
28
Median Age
16%
College-Educated
58%
High-School Grad
51.9 sq mi
ZIP Area
1,226
Density / Sq Mi
$52,536
Median Household Income
$28,029
Median Earnings
$807
Median Rent
$119,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer separate electric metering and a practical two-bedroom, one-bath layout.
Where is this duplex located?
The property is located at 1710 Cyndy Ave Mission, TX.
What is the asking price?
The asking price for this property is $209,900.
What are key features of this property?
This property features: 2,300‑square‑foot duplex with two residential units; Both units include 2 bedrooms and 1 bathroom; Separate electricity meters serve each unit
