1 / 16NewStabilized
$1,600,000
16-Unit Multifamily in Mcallen, TX
Hidalgo County, TX · listed Oct 29, 2026 (4 days)
Price per unit compared
This property$100K
Within ~40 mi (159)$88K
Texas median (990)$100K
- $/unit
- $100,000
- ▼ 0% vs TX · 50th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 16
- 2 bldg · 1976
Financials
- Asking price
- $1,600,000
- Price per unit
- $100,000
- Price per sq ft
- $151
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- 100%
As stated by the seller. Verify during due diligence.
Building
- Units
- 16
- Unit mix
- Each unit is a two bedroom one full bathroom
- Buildings
- 2
- Year built
- 1976
- Building size
- 10,584 sq ft
- Avg unit size
- 662 sq ft
- Lot size
- 0.46 acres
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Oct 29, 2026
- Days on market
- 4 days
- On MultifamilyRadar
- Nov 2, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 2296
About this property
Prime investment opportunity in McAllen! This beautifully remodeled 16 unit multifamily complex is located directly across from South Texas College. Each unit is a two bedroom one full bathroom. The property generates a STRONG gross and NET income. Conveniently situated near shopping, dining, and major roadways, this property offers an attractive location with strong investment potential. An excellent opportunity to expand your real estate portfolio with an established income producing asset. 100% Occupied. Schedule your private showing today!
Multifamily | 16 Units
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Mcallen, TX▼ 3% cut | $675K | $84K$84K | — |
 Devine, TX28-Unit Value-Add Multifamily, 3.75 Acres - $6,150/Mo In PlaceFeaturedValue-add | $450K | $16K$16K | — |
| Mcallen, TX Owner financingHigh yieldStabilized | $650K | $81K$81K | 12.2%gy |
 Mcallen, TXStabilized | $765K | $96K$96K | — |
 Mcallen, TX | $1.44M | $90K$90K | — |
| Mcallen, TX Owner financing | $700K | $88K$88K | — |