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One-Story Duplex with Separate Utilities
For Sale
$388,000

6009 N 43rd Street McAllen, McAllen, TX 78504

Two separately occupied residences offer individual utility service, private outdoor space, and assigned parking within a gated subdivision.

Property Size2,176 SF
Days on Market58

Property Features for 6009 N 43rd Street McAllen

General Information

Standard status Active
Size 2,176 SF
Property subtype Duplex
Occupancy 100%

Financials

Gross Income $34,800
Average Monthly Rent $1,450

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2
Parking per Unit 2

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $3,000

Amenities

pickleball courts
half basketball court
jogging trails
playground
BBQ areas
community park
pet-friendly

Building Details

Building Size 2,176 SF
Year Built 2026
Stories 1
Tenancy Multi
Listing Agency: Texas Landmark Realty LLC
Listed By: Irene Uribe Manrique de Lara · License #801067752
Source: Primeluxuryrealestate
Added: Aug 20 Changed: Oct 10 Last Checked: Oct 15 at 6:50AM

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.

Built in 2026, this one-story duplex contains two separately occupied residences arranged in front-and-back positions. Each home includes three bedrooms, two full bathrooms, a kitchen with stainless steel appliances, a washer and dryer, walk-in closets, and an oversized private patio. Interior bath layouts include one shower and one tub per unit. Each residence also has two assigned parking spaces, including one covered space.

The property is located in a gated subdivision near Bentsen Road and Dove Avenue in McAllen’s Lark area. Community amenities include pickleball courts, a half basketball court, jogging trails, a playground, BBQ areas, and a community park. Separate utility service allows each residence to handle its own water and electricity.

Key Highlights

  • Two one‑story units arranged in front‑and‑back configuration
  • Each unit includes 3 bedrooms and 2 full baths
  • Each residence has 2 assigned parking spaces, including one covered space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,662
Cap Rate
5.07%
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 (±1% cap)
NOI $19,662 @ 7.0% cap · market cap 5.07%
Second Best
Apartment 5plus
$258.1K
$225.9K – $301.2K (±1% cap)
NOI $18,070 @ 7.0% cap · market cap 4.66%
Theoretical Best
Office A
$590.9K
$517.0K – $689.4K (±1% cap)
NOI $41,361 @ 7.0% cap · market cap 10.66%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Building Supply Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

333
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separately occupied residences offer individual utility service, private outdoor space, and assigned parking within a gated subdivision.
Where is this duplex located?
The property is located at 6009 N 43rd Street McAllen McAllen, TX.
What is the asking price?
The asking price for this property is $388,000.
What are key features of this property?
This property features: Two one‑story units arranged in front‑and‑back configuration; Each unit includes 3 bedrooms and 2 full baths; Each residence has 2 assigned parking spaces, including one covered space
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