8-Unit Multifamily in Mcallen, TX
Hidalgo County, TX · listed May 20, 2026 (161 days)
- $/unit
- $64,875
- ▼ 30% vs TX · 26th pct
- Cap rate
- 8.6%
- ▲ 1.2 pts vs TX median
- NOI
- $45K
- $5,579/unit/yr
- Units
- 8
- 2 bldg · 2026
Financials
- Asking price
- $519,000
- Price per unit
- $64,875
- Price per sq ft
- $124
- Gross rent / year
- Not stated
- Net operating income
- $44,632
- NOI per unit
- $5,579
- Cap rate
- 8.6%
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 8
- Unit mix
- All 4 - 3 bed/2 bath
- Buildings
- 2
- Year built
- 2026
- Building size
- 4,200 sq ft
- Avg unit size
- 525 sq ft
- Lot size
- 0.19 acres
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- May 20, 2026
- Days on market
- 161 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1357
About this property
Eldorado Estates proudly presents a High-end COMPLETED ALL 3 bed Fourplex surrounded by custom home communities. This private gated community is just a short distance from the downtown business district and the University of Texas RGV campus. The surrounding neighborhood is near quality public schools, coffee shops, supermarkets, wine bars, fine dining, yoga classes, day care, parks and recreation, stadiums and entertainment venues, and a University of Texas campus with over 31,000 students just 12 minutes away. Featuring a Fourplex built to custom home standards with recessed decorative ceilings and high-end fixtures and finishes. Stainless steel refrigerators, microwave, washer, dryer and window coverings are included in the package. All 4 units LARGE 3bed/2 ba with 1050 sq ft + yard space.
All 4 - 3 bed/2 bath Luxury Fourplex in gated community-leased!
Highlights
All 3 bed 2 bath units
Quality built with established builder and 1 year warranty
Gated thriving community in a high growth area
Appliances incl-8 car covered parking and yards
50 million $$ shopping center coming close by
200 acre park with lake close by
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
| $720K | $72K$72K | 11.7%gy | |
▼ 3% cutStabilized | $720K | $120K$120K | — |
| $665K | $111K$111K | — | |
Stabilized | $525K | $53K$53K | — |
Stabilized | $545K | $68K$68K | 6.1% |
Stabilized | $545K | $68K$68K | 6.5% |