10-Unit Multifamily in Mcallen, TX
TX · listed May 1, 2026 (180 days)
- $/unit
- $72,000
- ▼ 22% vs TX · 34th pct
- Cap rate
- —
- Gross yield
- 11.7%
- Units
- 10
- 3 bldg · 1984
Financials
- Asking price
- $720,000
- Price per unit
- $72,000
- Price per sq ft
- $86
- Gross rent / year
- $84,000avg rent × units
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- 11.7%gross rent ÷ price
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 10
- Unit mix
- all 2 bed / 2 bath units
- Buildings
- 3
- Year built
- 1984
- Building size
- 8,405 sq ft
- Avg unit size
- 841 sq ft
- Lot size
- 1.43 acres
- Condition
- Not stated
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- May 1, 2026
- Days on market
- 180 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 2007
About this property
Exceptional dual-asset opportunity in North McAllen 78504, positioned in one of the city’s most desirable and high-growth corridors. This offering includes a fully renovated 10-unit apartment complex featuring all 2 bed / 2 bath units with projected rents of approximately $700 per unit, delivering strong and immediate income potential. Adjacent is a brand-new, turnkey office property comprised of two modern buildings, three private offices, and a dedicated conference room—ideal for an owner-user or professional headquarters. Acquire both assets for $1.4M or purchase individually. This is a rare chance to control income-producing real estate while operating your business next door. Strategic, scalable, and built for long-term growth
Multifamily | 10 Units
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
▼ 3% cutStabilized | $720K | $120K$120K | — |
Stabilized | $525K | $53K$53K | — |
| $665K | $111K$111K | — | |
High yieldStabilized | $519K | $65K$65K | 8.6% |
Stabilized | $545K | $68K$68K | 6.1% |
Stabilized | $545K | $68K$68K | 6.5% |