Stabilized
$525,000
10-Unit Multifamily in Mcallen, TX
TX · listed Oct 18, 2025 (375 days)
Price per unit compared
This property$53K
Within ~40 mi (199)$82K
Texas median (1,196)$92K
- $/unit
- $52,500
- ▼ 43% vs TX · 15th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 10
- 1 bldg · 1975
Financials
- Asking price
- $525,000
- Price per unit
- $52,500
- Price per sq ft
- $75
- 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
- 7 Units have 2 BRs, 1 Bath, 1 Unit is 1 Br/1Bath and there are 2 Efficiency Units with a small Kitchenette, 1 BR/1Bath
- Buildings
- 1
- Year built
- 1975
- Building size
- 6,992 sq ft
- Avg unit size
- 699 sq ft
- Lot size
- 0.59 acres
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Oct 18, 2025
- Days on market
- 375 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 2038
About this property
Great Investment Opportunity! Featuring 10 Units in a 2 Building Apartment setting in the Sharyland School District! 7 Units have 2 BRs, 1 Bath, 1 Unit is 1 Br/1Bath and there are 2 Efficiency Units with a small Kitchenette, 1 BR/1Bath-All this on a 1/2 Acre Lot located in NW McAllen! All units are Occupied. PLEASE NOTE THAT THES APARTMENTS ARE ON SEPTIC TANKS. THEY DO HAVE ACCESS TO BE HOOKED UP TO THE MCALLEN CITY SEWER SYSTEM NOW THAT IT'S BEEN ANNEXED.BEING SOLD STRCTLY"AS IS"! OWNER FINANCING IS NOT BEING OFFERED! CASH OR CONVENTIONAL FINANCING ONLY!
Multifamily | 10 Units
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
| $720K | $72K$72K | 11.7%gy | |
▼ 3% cutStabilized | $720K | $120K$120K | — |
| $665K | $111K$111K | — | |
High yieldStabilized | $519K | $65K$65K | 8.6% |
Stabilized | $545K | $68K$68K | 6.5% |
Owner financingStabilized | $420K | $84K$84K | — |