Owner financingStabilized
$650,000
8-Unit Multifamily in Mcallen, TX
TX · listed Jul 29, 2026 (91 days)
Price per unit compared
This property$81K
Within ~40 mi (199)$82K
Texas median (1,196)$92K
- $/unit
- $81,250
- ▼ 12% vs TX · 40th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 8
- 1 bldg · 2010
Financials
- Asking price
- $650,000
- Price per unit
- $81,250
- Price per sq ft
- $90
- 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
- Not stated
- Buildings
- 1
- Year built
- 2010
- Building size
- 7,216 sq ft
- Avg unit size
- 902 sq ft
- Lot size
- 0.52 acres
- Condition
- Stabilized
Deal terms
- Owner financing
- Available
Listing
- Listed
- Jul 29, 2026
- Days on market
- 91 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1859
About this property
Rare find in Willow Ridge Subdivision! Exceptional income-producing opportunity situated on approximately.52 acre in McAllen, just steps from scenic hike and bike trails. This 8-unit property offers investors an opportunity to acquire an established multifamily asset in a desirable location. Seven of the eight units are currently leased, providing immediate rental income. Conveniently located near major roads, shopping, dining, and area amenities. Owner financing available.
Owner Finance 8 Plex McAllen
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Mcallen, TXNew construction | $975K | $163K$163K | — |
 Mcallen, TXStabilized | $385K | $64K$64K | — |
 Mcallen, TX | $530K | $106K$106K | — |
 Pharr, TXStabilized | $570K | $57K$57K | — |
 Mcallen, TX▼ 3% cutValue-add | $799K | $80K$80K | — |
 Mcallen, TXOwner financingHigh yieldVacant | $700K | $88K$88K | 8.8% |