MULTIFAMILYRADAR
8-Unit Multifamily in Mcallen, TX, photo 1
High yieldStabilized
$519,000

8-Unit Multifamily in Mcallen, TX

Hidalgo County, TX · listed May 20, 2026 (161 days)

Price per unit compared
This property$65K
Within ~40 mi (199)$82K
Texas median (1,196)$92K
$/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.

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