Duplex with Private
New
For Sale
$325,000
4209 Heron Avenue, McAllen, TX 78504
Both residences have separate water and electric service for independent occupancy.
Property Size2,176 SF
Price / SF$149.36
Days on Market2
Property Features for 4209 Heron Avenue
General Information
Standard status
Active
Size
2,176 SF
Property subtype
Duplex
Building Details
Year Built
2026
Listing Agency:
Texus Realty
Listed By:
Israel Gutierrez · License #0558344
(512) 846-9332
Source:
Texusrealty
Added: Nov 1
Changed: Nov 2
Last Checked: Nov 1 at 1:28PM
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 Texus Realty
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Investment Insights
Based on property information with market context.
This 2,176-square-foot duplex contains two one-story residences, positioned at the front and rear of the property. Each offers three bedrooms, two full bathrooms, a private patio, walk-in closets, and a kitchen equipped with stainless steel appliances, a washer, a dryer, and a dishwasher. The property was built in 2026.
At 4209 Heron Avenue in McAllen, the homes are within a gated subdivision with pickleball courts, a half basketball court, jogging trails, a playground, barbecue areas, and a community park. Each residence has two assigned parking spaces, including one covered space, and separate water and electric service.
At 4209 Heron Avenue in McAllen, the homes are within a gated subdivision with pickleball courts, a half basketball court, jogging trails, a playground, barbecue areas, and a community park. Each residence has two assigned parking spaces, including one covered space, and separate water and electric service.
Key Highlights
- 2,176‑square‑foot duplex with two one‑story residences
- Each residence has 3 bedrooms and 2 full bathrooms
- Built in 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,662
Cap Rate
6.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$393,240
$393.2K
Cap Rate 7%
$280,886
$280.9K
Cap Rate 9%
$218,467
$218.5K
Market Conditions
NOI Build-Up for 2,176 SF
Gross rent
$30.0K $13.80/SF
− Vacancy
−$1.9K −$0.89/SF
EGI
$28.1K $12.91/SF
− OpEx
−$8.4K −$3.87/SF
NOI
$19.7K $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%
$393,240
Cap Rate 7%
$280,886
Cap Rate 9%
$218,467
Alternative Uses
Best Use
Multifamily LT 5
$280.9K
$245.8K – $327.7K
NOI $19,662 @ 7.0% cap · market cap 6.05%
Second Best
Apartment 5plus
$258.1K
$225.9K – $301.2K
NOI $18,070 @ 7.0% cap · market cap 5.56%
Theoretical Best
Office A
$590.9K
$517.0K – $689.4K
NOI $41,361 @ 7.0% cap · market cap 12.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
63
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
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have separate water and electric service for independent occupancy.
Where is this duplex located?
The property is located at 4209 Heron Avenue McAllen, TX.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 2,176‑square‑foot duplex with two one‑story residences; Each residence has 3 bedrooms and 2 full bathrooms; Built in 2026
