1 / 212-Unit Multifamily in Mcallen, TX
TX · listed Sep 26, 2026 (32 days)
▼ Reduced 4% on Oct 25, 2026, was $2,500,000
- $/unit
- $200,000
- ▲ 117% vs TX · 86th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 12
- 2 bldg · 2013
Financials
- Asking price
- $2,400,000
- Price per unit
- $200,000
- Price per sq ft
- $119
- 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
- 12
- Unit mix
- Not stated
- Buildings
- 2
- Year built
- 2013
- Building size
- 20,244 sq ft
- Avg unit size
- 1,687 sq ft
- Lot size
- 1.35 acres
- Condition
- Not stated
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Sep 26, 2026
- Days on market
- 32 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Oct 25, 2026: $2.5M → $2.4M
- Location
- Approximate (~0.5 mi)
- Listing #
- 1817
About this property
Great investment opportunity! A fast way to building wealth. Proximity to convention center, HWY 2, restaurants, shopping centers, grocery stores. Very modern 12 units townhouse with a huge backyard. Quiet 1.35 acre small enclosed community. All 12 townhouses layouts are exact the same except for 4 townhouses that have balconies on the second floor. There are many common parking spaces between the two buildings. One car garage (300 SF). Each townhouse has a back porch. All bedrooms and 2 full bathrooms are upstairs. The master bedroom can fit a king-size bed set. Spacious walk-in closet in master bedroom. The living room, dining room, kitchen, half bathroom, and foray are on the 1st floor. 1687 SF living areas. One car garage. Laminated wood floor throughout the 2nd floor. 1st floor is tile flooring. Granite kitchen countertop. All sinks have granite. Standing showers. Stainless-steel fridge, stove, dishwasher, and microwave. Water heater/washer/dryer hook up are in the garage.
Multifamily | 12 Units
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
| Mcallen, TX Owner financing | $700K | $88K$88K | — |
 Mcallen, TXHigh yieldValue-add | $399K | $67K$67K | 13.5%gy |
| Mcallen, TX High yieldValue-add | $399K | $67K$67K | 13.5%gy |
 Mcallen, TX | $1.2M | $150K$150K | — |
 Mcallen, TX | $1.44M | $90K$90K | — |
| Mcallen, TX Owner financingHigh yieldStabilized | $650K | $81K$81K | 12.2%gy |