Duplex with Additional Unfinished
New
For Sale
$329,000
710 ARROYO BLVD, Los Fresnos, TX 78566
MULTI_FAMILY - LOS FRESNOS, TX
Property Size1,839 SF
Lot Size0.50 Acres
Price / SF$178.90
Days on Market1
Property Features for 710 ARROYO BLVD
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Parking features
Garage
Interior features
Walk-in Closet(s)
Fencing
Chain Link
Appliances
Range, Refrigerator
Subdivision
LOS FRESNOS HODGES
Lot features
Landscaped
Elementary school
LOS FRESNOS
Middle school
RESACA
High school
LOS FRESNOS
Elementary school district
LOS FRESNOS C.I.S.D.
Middle school district
LOS FRESNOS C.I.S.D.
High school district
LOS FRESNOS C.I.S.D.
Standard status
Active
Size
1,839 SF
Lot size
0.50 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1997
Floors in Building
1
Number of units
2
Flooring type
Tile
Listing Agency:
KELLER WILLIAMS LRGV · Keller Williams Realty
(956) 423-8877
Listed By:
Jose Nieto
(956) 455-4347
Added: Jul 31
Last Checked: Jul 31 at 8:06PM
MLS# 29778364
Copyright © 2026 Rio Grande Valley Multiple Listing Service Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Duplex offering an additional ADU unit with one bedroom and one bathroom, plus room to add more units. One additional unit is described as unfinished, supporting expansion or completion plans.
The property sits on a 0.5-acre lot and includes frontage on Paredes Line Rd by a high school and parks. Built in 1997, the home features central heating and central air, tile flooring, and a walk-in closet. Appliances included are a range and refrigerator, with a garage parking feature and chain link fencing. Public sewer service is available.
This layout can be useful for an operator seeking duplex-style living with extra on-site space and the ability to add or finish units.
The property sits on a 0.5-acre lot and includes frontage on Paredes Line Rd by a high school and parks. Built in 1997, the home features central heating and central air, tile flooring, and a walk-in closet. Appliances included are a range and refrigerator, with a garage parking feature and chain link fencing. Public sewer service is available.
This layout can be useful for an operator seeking duplex-style living with extra on-site space and the ability to add or finish units.
Key Highlights
- 0.5‑acre lot with frontage on Paredes Line Rd by a high school and parks
- Additional ADU unit with 1 bedroom and 1 bathroom
- One additional unit is described as unfinished, with room to add units
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 | $23.2k | $12.60 |
| − Vacancy | −$1.5k | −$0.81 |
| EGI | $21.7k | $11.79 |
| − OpEx | −$6.5k | −$3.54 |
| NOI | $15.2k | $8.25 |
1,839 SF · lease $12.60/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$216.7K
$189.7K – $252.9K
NOI $15,172 @ 7.0% cap · market cap 4.61%
Second Best
Apartment 5plus
$198.8K
$173.9K – $231.9K
NOI $13,914 @ 7.0% cap · market cap 4.23%
Theoretical Best
Healthcare Medical
$316.6K
$277.1K – $369.4K
NOI $22,165 @ 7.0% cap · market cap 6.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
372
Businesses Nearby
Explore this area
Business Placement
Demographics for 78566, TX
23,704
Population
8,275
Households
2.9
Avg Household Size
31
Median Age
20%
College-Educated
73%
High-School Grad
139.0 sq mi
ZIP Area
171
Density / Sq Mi
$64,385
Median Household Income
$36,605
Median Earnings
$863
Median Rent
$138,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Duplex with a 1-bedroom, 1-bath ADU, unfinished unit, and frontage on Paredes Line Rd near a high school and parks.
Where is this duplex located?
The property is located at 710 ARROYO BLVD Los Fresnos, TX.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: 0.5‑acre lot with frontage on Paredes Line Rd by a high school and parks; Additional ADU unit with 1 bedroom and 1 bathroom; One additional unit is described as unfinished, with room to add units
