6-Unit Multifamily in Hidalgo, TX
TX · listed Feb 11, 2026 (259 days)
- $/unit
- $82,500
- ▼ 10% vs TX · 42nd pct
- Cap rate
- —
- Gross yield
- —
- Units
- 6
- 1 bldg · 2007
Financials
- Asking price
- $495,000
- Price per unit
- $82,500
- Price per sq ft
- $88
- 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
- 6
- Unit mix
- six 2-bedroom, 1-bath units
- Buildings
- 1
- Year built
- 2007
- Building size
- 5,600 sq ft
- Avg unit size
- 933 sq ft
- Lot size
- 0.28 acres
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Feb 11, 2026
- Days on market
- 259 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1512
About this property
Well-maintained two-story, 6-unit apartment complex located in Hidalgo, Texas, just minutes from International Boulevard, the expressway, shopping, dining, and the McAllen/Hidalgo International Bridge. The property consists of six 2-bedroom, 1-bath units, all in great condition, with several apartments updated over time and multiple HVAC systems recently replaced, helping reduce near-term capital expenses. Units feature tile flooring, washer/dryer connections, and appliances included. The property is individually metered for electric and water (6 electric meters and 6 water meters), serviced by city sewer and public water, and situated on a paved street within an established residential area with sidewalks. Rents currently vary and offer clear potential for optimization over time, making this an attractive opportunity for investors seeking stable income with built-in upside in a strong rental market.
Multifamily | 6 Units
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
New construction | $525K | $66K$66K | — |
Stabilized | $760K | $84K$84K | 10.7%gy |
Stabilized | $798K | $100K$100K | 6.4% |
Mcallen, TXOwner financing | $700K | $88K$88K | — |
Stabilized | $379K | $63K$63K | 7.7% |
Stabilized | $520K | $65K$65K | 7% |
