
6-Unit Multifamily in Mcallen, TX
TX · listed Jul 17, 2026 (103 days)
- $/unit
- $162,500
- ▲ 76% vs TX · 81st pct
- Cap rate
- —
- Gross yield
- —
- Units
- 6
- 2024
Financials
- Asking price
- $975,000
- Price per unit
- $162,500
- Price per sq ft
- $147
- 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
- (3) 3-bedroom, 2-bath units and (3) 2-bedroom, 2-bath units
- Buildings
- Not stated
- Year built
- 2024
- Building size
- 6,639 sq ft
- Avg unit size
- 1,107 sq ft
- Lot size
- Not stated
- Condition
- New construction
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Jul 17, 2026
- Days on market
- 103 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1146
About this property
Excellent investment opportunity in McAllen's newest multifamily subdivision, Park Terrace! This modern 6-unit apartment complex is ideally located at the corner of Nolana Avenue and Jackson Road, offering exceptional access to the area's top employers, shopping, and dining. Just 4 minutes from Doctors Hospital at Renaissance, 4 minutes from Expressway 281, and minutes from major retail and entertainment destinations, this property is perfectly positioned for strong rental demand. The property features an ideal unit mix of (3) 3-bedroom, 2-bath units and (3) 2-bedroom, 2-bath units. Each unit includes a refrigerator, stove, and microwave, providing added convenience for tenants. Built just 2 years ago, this newer construction offers modern finishes, low maintenance, and an excellent opportunity for investors seeking a quality, income-producing asset in one of McAllen's fastest-growing areas.
Location
Approximate area. The exact address is shared on request.
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