MULTIFAMILYRADAR
6-Unit Multifamily in Mcallen, TX, photo 11 / 2
▼ 3% cutStabilized
$720,000

6-Unit Multifamily in Mcallen, TX

TX · listed Apr 8, 2026 (203 days)

▼ Reduced 2.7% on Sep 14, 2026, was $740,000

Price per unit compared
This property$120K
Within ~40 mi (199)$81K
Texas median (1,196)$92K
$/unit
$120,000
▲ 30% vs TX · 66th pct
Cap rate
—
 
Gross yield
—
 
Units
6
3 bldg · 2023

Financials

Asking price
$720,000
Price per unit
$120,000
Price per sq ft
$122
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
Not stated
Buildings
3
Year built
2023
Building size
5,901 sq ft
Avg unit size
984 sq ft
Lot size
0.36 acres
Condition
Stabilized

Deal terms

Owner financing
Not stated

Listing

Listed
Apr 8, 2026
Days on market
203 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Sep 14, 2026: $740K → $720K
Location
Approximate (~0.5 mi)
Listing #
1730

About this property

Exceptional income-producing opportunity in North McAllen! This well-constructed sixplex offers strong, diversified cash flow potential in a high-demand rental market. Five long-term rental units, one unit operating as a short-term rental (Airbnb), generating approximately $1,500/month, providing an immediate value-add component and increased revenue flexibility. All units are fully equipped with in-unit washer and dryer, stove, refrigerator, and microwave hood—an attractive feature that supports higher rental rates and tenant retention while minimizing future capital expenditures. Each unit includes a private patio with grass and sprinkler system, enhancing tenant appeal and overall property desirability. Rear alley access with 11 parking spaces ensures ample parking, a key factor for tenant satisfaction and occupancy stability. low maintenance finishes, and strong rental demand in N McAllen, ideal turnkey property with immediate income and long-term appreciation potential.

Multifamily | 6 Units

Location

Approximate area. The exact address is shared on request.

Similar buildings nearby

PropertyPrice$/unitCap
10-Unit Multifamily in Mcallen, TXMcallen, TX$720K$72K11.7%gy
6-Unit Multifamily in Mcallen, TXMcallen, TX$665K$111K—
10-Unit Multifamily in Mcallen, TXMcallen, TX
Stabilized
$525K$53K—
8-Unit Multifamily in Mcallen, TXMcallen, TX
High yieldStabilized
$519K$65K8.6%
5-Unit Multifamily in Edinburg, TXEdinburg, TX
Owner financingStabilized
$420K$84K—
8-Unit Multifamily in Edinburg, TXEdinburg, TX
Stabilized
$545K$68K6.1%