10-Unit Multifamily in Mcallen, TX
Hidalgo County, TX · listed Apr 18, 2025 (558 days)
- $/unit
- $79,900
- ▼ 13% vs TX · 39th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 10
- 2 bldg · 1980
Financials
- Asking price
- $799,000
- Price per unit
- $79,900
- Price per sq ft
- $99
- 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
- 2 units with 3 bedrooms and 1.5 baths, as well as 8 units featuring 1 bedroom and 1 bath
- Buildings
- 2
- Year built
- 1980
- Building size
- 8,092 sq ft
- Avg unit size
- 809 sq ft
- Lot size
- Not stated
- Condition
- Value-add
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Apr 18, 2025
- Days on market
- 558 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 2111
About this property
Discover this stunning 10-plex complex that has just hit the market! Located in a highly desirable area, this property is a must-see. It consists of 10 units, including 2 units with 3 bedrooms and 1.5 baths, as well as 8 units featuring 1 bedroom and 1 bath, making it an ideal investment. There are 10 electric meters (each tenant pays their own light) and 1 water meter ( landlord pays for tenants). Not only is it in a great location, but many of the units have been updated. The seller has remodeled most of them, and the roof was replaced around 2020. Currently, the total rental income for all 10 units is $7,350. Don't miss the chance to make this investment property yours!
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 | $1.13M | $94K$94K | — |
 Mcallen, TX▼ 1% cutStabilized | $1.66M | $104K$104K | — |
 Mcallen, TX | $1.2M | $150K$150K | — |
 Mcallen, TX▼ 3% cutValue-add | $799K | $80K$80K | — |
 Mcallen, TXStabilized | $385K | $64K$64K | — |
 Alton, TXStabilized | $700K | $100K$100K | 11.3%gy |