1 / 2▼ 3% cut
$675,000
8-Unit Multifamily in Mcallen, TX
TX · listed Jul 2, 2026 (118 days)
▼ Reduced 3.4% on Sep 28, 2026, was $699,000
Price per unit compared
This property$84K
Within ~40 mi (199)$81K
Texas median (1,196)$92K
- $/unit
- $84,375
- ▼ 8% vs TX · 44th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 8
- 3 bldg · 1994
Financials
- Asking price
- $675,000
- Price per unit
- $84,375
- Price per sq ft
- $104
- 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
- 8
- Unit mix
- 8 spacious two-story units with 2 bedrooms and 1.5 baths each
- Buildings
- 3
- Year built
- 1994
- Building size
- 6,486 sq ft
- Avg unit size
- 811 sq ft
- Lot size
- 0.26 acres
- Condition
- Not stated
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Jul 2, 2026
- Days on market
- 118 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Sep 28, 2026: $699K → $675K
- Location
- Approximate (~0.5 mi)
- Listing #
- 1643
About this property
Great investment opportunity located blocks from South Texas college & the McAllen convention center. This complex consists of 8 spacious two-story units with 2 bedrooms and 1.5 baths each.
Multifamily | 8 Units
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Mcallen, TXStabilized | $765K | $96K$96K | — |
 Mcallen, TXHigh yieldStabilized | $449K | $90K$90K | 12.4% |
| Mcallen, TX Owner financingHigh yieldStabilized | $650K | $81K$81K | 12.2%gy |
| Mcallen, TX Owner financing | $700K | $88K$88K | — |
 Mcallen, TXValue-add | $675K | $135K$135K | — |
 Mcallen, TX▼ 4% cut | $2.4M | $200K$200K | — |