Duplex with Attached
For Sale
$436,000
821 Galveston Avenue, McAllen, TX 78501
Residential Income, McAllen, TX
Property Size2,774 SF
Lot Size0.17 Acres
Price / SF$157.17
Days on Market49
Property Features for 821 Galveston Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking
2
Patio and Porch features
Patio
Exterior features
Sprinkler System
Appliances
Electric Water Heater, Electric Cooktop, Dishwasher, Dryer, Refrigerator, Washer
Subdivision
Eleventh Avenue Addition
Lot features
Mature Trees, Sidewalks
Elementary school
Wilson
Middle school
Lincoln
High school
McAllen H.S.
Elementary school district
McAllen ISD
Middle school district
McAllen ISD
High school district
McAllen ISD
Directions
10th street and Galveston
Standard status
Active
APN
E510000003000700
Size
2,774 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
6790
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
2022
Floors in Building
1
Number of units
2
Building materials
Brick, Stucco
Roof type
Composition
Listing Agency:
Encore Fine Properties
(956) 821-6170
Listed By:
Ricardo D. Martinez
(956) 332-3803
Added: Sep 11
Changed: Oct 19
Last Checked: Oct 29 at 12:06PM
MLS# 514960
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.
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Investment Insights
Based on property information with market context.
Located at 821 Galveston Avenue in McAllen, this 2022 duplex includes two residences, each offering 3 bedrooms and 3 full bathrooms. An exposed brick firewall separates the units, providing physical separation between the homes. Each residence also has a private attached 2-car garage and a backyard with patio space. Brick and stucco construction, central heating, central air, and composition roofing are in place, with electric kitchen appliances and laundry equipment included.
The property sits on a 0.1722-acre lot in McAllen, near major shopping malls, commercial centers, and the expressway. A sprinkler system serves the exterior, while the separate garage and yard arrangements support independent residential use within the duplex configuration.
The property sits on a 0.1722-acre lot in McAllen, near major shopping malls, commercial centers, and the expressway. A sprinkler system serves the exterior, while the separate garage and yard arrangements support independent residential use within the duplex configuration.
Key Highlights
- 2022‑built duplex at 821 Galveston Avenue, McAllen, TX 78501
- Each unit includes 3 bedrooms and 3 full bathrooms
- Private attached 2‑car garage for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,066
Cap Rate
5.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$501,320
$501.3K
Cap Rate 7%
$358,086
$358.1K
Cap Rate 9%
$278,511
$278.5K
Market Conditions
NOI Build-Up for 2,774 SF
Gross rent
$38.3K $13.80/SF
− Vacancy
−$2.5K −$0.89/SF
EGI
$35.8K $12.91/SF
− OpEx
−$10.7K −$3.87/SF
NOI
$25.1K $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%
$501,320
Cap Rate 7%
$358,086
Cap Rate 9%
$278,511
Alternative Uses
Best Use
Multifamily LT 5
$358.1K
$313.3K – $417.8K
NOI $25,066 @ 7.0% cap · market cap 5.75%
Second Best
Apartment 5plus
$329.1K
$288.0K – $383.9K
NOI $23,036 @ 7.0% cap · market cap 5.28%
Theoretical Best
Office A
$753.3K
$659.1K – $878.8K
NOI $52,728 @ 7.0% cap · market cap 12.09%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,447
Businesses Nearby
Explore this area
Business Placement
Demographics for 78501, TX
60,817
Population
24,807
Households
2.5
Avg Household Size
37
Median Age
27%
College-Educated
77%
High-School Grad
15.5 sq mi
ZIP Area
3,924
Density / Sq Mi
$49,451
Median Household Income
$29,092
Median Earnings
$943
Median Rent
$149,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Recently built two-unit property with private outdoor areas, separate garages, and sound separation between residences.
Where is this duplex located?
The property is located at 821 Galveston Avenue McAllen, TX.
What is the asking price?
The asking price for this property is $436,000.
What are key features of this property?
This property features: 2022‑built duplex at 821 Galveston Avenue, McAllen, TX 78501; Each unit includes 3 bedrooms and 3 full bathrooms; Private attached 2‑car garage for each residence
