$1,130,000
12-Unit Multifamily in Mcallen, TX
TX · listed Aug 19, 2025 (435 days)
Price per unit compared
This property$94K
Within ~40 mi (199)$81K
Texas median (1,196)$92K
- $/unit
- $94,167
- ▲ 2% vs TX · 51st pct
- Cap rate
- —
- Gross yield
- —
- Units
- 12
- 1 bldg · 1976
Financials
- Asking price
- $1,130,000
- Price per unit
- $94,167
- Price per sq ft
- $148
- 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
- 1
- Year built
- 1976
- Building size
- 7,632 sq ft
- Avg unit size
- 636 sq ft
- Lot size
- 0.29 acres
- Condition
- Not stated
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Aug 19, 2025
- Days on market
- 435 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1864
About this property
Prime 12-unit investment property in central McAllen, ideally situated at 10th and Fern behind BMW. Each unit offers a 1-bedroom, 1-bath design, complemented by an on-site laundry facility. Tenants enjoy the convenience of being within walking distance to H-E-B, restaurants, and a variety of nearby amenities. With its unbeatable location and consistent rental appeal, this property is an excellent opportunity for investors.
Multifamily | 12 Units
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Mcallen, TXValue-add | $799K | $80K$80K | — |
 Mcallen, TX▼ 1% cutStabilized | $1.66M | $104K$104K | — |
 Mcallen, TX▼ 3% cutValue-add | $799K | $80K$80K | — |
 Mcallen, TX | $530K | $106K$106K | — |
 Mcallen, TXStabilized | $385K | $64K$64K | — |
 Alton, TXStabilized | $700K | $100K$100K | 11.3%gy |