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    Remodeled Duplex Near H-E-B Park Title is generated by Realmo AI

    2010 Cypress Drive, Edinburg, TX 78589

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    Claim this Listing
    For Sale
    $260,000

    MULTI_FAMILY - Edinburg, TX

    Property size:
    2,286 SF
    Lot size:
    0.26 Acres
    Price / SF:
    $113/SF
    Added:
    May 6, 2026
    Days on Market:
    41
    Last Refresh:
    Jun 15 at 8:06 am

    Property Features for 2010 Cypress Drive

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking
    4
    Parking features
    Carport, Garage
    Exterior features
    Mature Trees
    Fencing
    Chain Link
    Appliances
    Electric Water Heater, No Conveying Appliances
    Standard status
    Active
    APN
    I700000000002600
    Size
    2,286 SF
    Lot size
    0.26 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    7591

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Electric

    Building Details

    Year built
    2000
    Floors in Building
    1
    Number of units
    2
    Building materials
    Block
    Roof type
    Shingle

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    Listing Contact
    Deborah Agyekum-Bimpong

    Listing agent Deborah Agyekum-Bimpong

    Listing office BIG Realty 4847 S Jackson Rd., Pharr, TX

    Listing date May 6, 2026

    MLS# 503256 Listing URL

    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.

    HighLights

    • Turn‑of‑the‑century duplex built in 2000 with block construction and shingle roof
    • Each unit has 3 bedrooms and 1 bath
    • Completely separate water and electric meters for each side
    • Electric heating and electric cooling
    • Includes carport and garage parking
    • Chain‑link fencing and mature trees on the property

    Overview

    This turn-key duplex in Edinburg, TX, presents an investor's opportunity. The property has been newly remodeled and is ready for immediate occupancy. Each unit features 3 bedrooms and 1 bath. The property is located less than 5 minutes from H-E-B Park. The lot size is 0.2584 acres, and the property size is 2286 square feet. The property includes separate water and electric meters for each side.

    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 $31.5k $13.80
    − Vacancy −$868 −$0.38
    EGI $30.7k $13.42
    − OpEx −$9.2k −$4.03
    NOI $21.5k $9.39
    2,286 SF · lease $13.80/SF/yr · vacancy 2.75% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $306.8K
    $268.4K – $357.9K (±1% cap)
    NOI $21,475 @ 7.0% cap · market cap 8.26%
    Second Best
    Apartment 5plus
    $274.2K
    $239.9K – $319.9K (±1% cap)
    NOI $19,192 @ 7.0% cap · market cap 7.38%
    Theoretical Best
    Office A
    $593.2K
    $519.0K – $692.0K (±1% cap)
    NOI $41,521 @ 7.0% cap · market cap 15.97%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Edinburg
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.145627
    Latitude
    26.278281

    FAQs

    What type of property is this?
    Duplex - Turn-key duplex in high-demand area, ready for immediate occupancy.
    Where is this duplex located?
    The property is located at 2010 Cypress Drive Edinburg, TX.
    What is the asking price?
    The asking price for this property is $260,000.
    What are key features of this property?
    This property features: Turn‑of‑the‑century duplex built in 2000 with block construction and shingle roof; Each unit has 3 bedrooms and 1 bath; Completely separate water and electric meters for each side
    More about this property
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