1 / 810-Unit Multifamily in Mcallen, TX
TX · listed Jun 18, 2026 (132 days)
▼ Reduced 3.2% on Oct 12, 2026, was $825,000
- $/unit
- $79,900
- ▼ 20% vs TX · 31st pct
- Cap rate
- —
- Gross yield
- —
- Units
- 10
- 1 bldg · 1978
Financials
- Asking price
- $799,000
- Price per unit
- $79,900
- Price per sq ft
- $140
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 10
- Unit mix
- 4 studios, 4 one-bedroom/one-bath units, and 2 two-bedroom/1.5-bath units
- Buildings
- 1
- Year built
- 1978
- Building size
- 5,692 sq ft
- Avg unit size
- 569 sq ft
- Lot size
- 0.22 acres
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Jun 18, 2026
- Days on market
- 132 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Oct 12, 2026: $825K → $799K
- Location
- Approximate (~0.5 mi)
- Listing #
- 1338
About this property
Don't miss this exceptional investment opportunity in the heart of McAllen! El Cazador Apartments is a well-maintained 10-unit multifamily property ideally located behind the iconic PNC Tower, with convenient access to major employers, shopping, dining, and entertainment. The property offers a desirable mix of 4 studios, 4 one-bedroom/one-bath units, and 2 two-bedroom/1.5-bath units. Four units have been fully renovated, while the remaining units have been updated, offering additional upside. Many tenants have occupied the property for 5+ years, providing stable occupancy and reliable cash flow. Individually metered electric service keeps operating costs low, making this a turnkey investment with immediate income and long-term appreciation potential.
Multifamily | 10 Units
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Mcallen, TX | $530K | $106K$106K | — |
 Mcallen, TX | $1.13M | $94K$94K | — |
 Mcallen, TXValue-add | $799K | $80K$80K | — |
 Mcallen, TXNew construction | $975K | $163K$163K | — |
 Mcallen, TX▼ 1% cutStabilized | $1.66M | $104K$104K | — |
 Mcallen, TXOwner financingStabilized | $650K | $81K$81K | — |