New Duplex with Covered
3313 York Ave, McAllen, TX 78504
For Sale
$367,000
Two three-bedroom units feature open layouts, included appliances, and covered outdoor entertaining areas.
Property Size2,283 SF
Lot Size0.13 Acres
Price / SF$160.75
Days on Market100
Property Features for 3313 York Ave
General Information
Standard status
Size
Lot size
Property subtype
Units
Unit Mix
Multifamily Units
Amenities
gated community
covered patios
Building Details
Year Built
Buildings
Listing Agency:
Texas Landmark Realty LLC
Listed By:
Irene Uribe Manrique de Lara · License TX #801067752
(956) 492-5638
Source:
Aregtx
Added: Aug 5
Changed: Nov 10
Last Checked: Oct 7 at 2:35PM
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
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Investment Insights
Based on property information with market context.
This pre-construction duplex is planned for completion in 2026 and includes two separate units within 2,283 SF of living space. Each unit is designed with three bedrooms, two bathrooms, an open-concept living and kitchen area, included kitchen appliances, and an oversized covered patio. The property sits on a 5,600 SF lot and is configured for both comfortable residential use and income-producing ownership.
The duplex will be located in a gated McAllen community near the intersection of 31st and Sprague. The address is 3313 York Ave, McAllen, TX 78504. Four duplexes are identified as available from this builder.
The duplex will be located in a gated McAllen community near the intersection of 31st and Sprague. The address is 3313 York Ave, McAllen, TX 78504. Four duplexes are identified as available from this builder.
Key Highlights
- Two‑unit duplex with 2,283 SF of living space
- Each unit includes 3 bedrooms and 2 baths
- 5,600 SF lot in a gated McAllen community
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,629
Cap Rate
5.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$412,580
$412.6K
Cap Rate 7%
$294,700
$294.7K
Cap Rate 9%
$229,211
$229.2K
Market Conditions
NOI Build-Up for 2,283 SF
Gross rent
$31.5K $13.80/SF
− Vacancy
−$2.0K −$0.89/SF
EGI
$29.5K $12.91/SF
− OpEx
−$8.8K −$3.87/SF
NOI
$20.6K $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%
$412,580
Cap Rate 7%
$294,700
Cap Rate 9%
$229,211
Alternative Uses
Best Use
Multifamily LT 5
$294.7K
$257.9K – $343.8K
NOI $20,629 @ 7.0% cap · market cap 5.62%
Second Best
Apartment 5plus
$270.8K
$237.0K – $316.0K
NOI $18,958 @ 7.0% cap · market cap 5.17%
Theoretical Best
Office A
$619.9K
$542.4K – $723.3K
NOI $43,395 @ 7.0% cap · market cap 11.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
40
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 Duplexes in Hidalgo County, TX
Properties on Market for Duplexes in Hidalgo County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom units feature open layouts, included appliances, and covered outdoor entertaining areas.
Where is this duplex located?
The property is located at 3313 York Ave McAllen, TX.
What is the asking price?
The asking price for this property is $367,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,283 SF of living space; Each unit includes 3 bedrooms and 2 baths; 5,600 SF lot in a gated McAllen community
