Apartment Building

Mcallen, TX Apartment Buildings for Sale

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16-Unit Brick Apartment Building
Updated: Aug 7
16-Unit Brick Apartment Building

2428 Upas Avenue, Mcallen, TX 78501

$1,440,000
10,464 sqft 0.45 AC lot
16‑unit apartment property with 10,464 square feet of building area
Unit mix includes 10 one‑bedroom, one‑bath units and 6 two‑bedroom, one‑bath units
Built in 1980 with brick construction and a shingle roof
Central heating and central air conditioning
Covered carport parking, additional front parking, and garage parking
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12-Unit Townhouse Apartment Building
Updated: Sep 27
12-Unit Townhouse Apartment Building

3900 W Daffodil Avenue, Mcallen, TX 78501

$2,500,000
20,244 sqft 1.35 AC lot
12 townhouses across two buildings on 1.3534 acres
20,244 square feet total; each residence has 1,687 square feet of living area
Each home includes a one‑car, 300‑square‑foot garage and rear porch
Four townhouses have second‑floor balconies
2013 construction with shared parking between the buildings
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Renovated Five-Unit Apartment Building
Renovated Five-Unit Apartment Building

502 N 15th Street, Mcallen, TX 78501

$675,000
4,008 sqft 0.24 AC lot

Renovated multifamily property with individual mini-split air conditioning, garage parking, and a patio.

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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Two-Building Multifamily Investment
Two-Building Multifamily Investment

11112 N 29th St, Mcallen, TX 78504

$525,000
6,992 sqft 0.50 AC lot

Ten occupied units across two apartment buildings on a half-acre lot, on septic with access to city sewer hookup.

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8-Unit Apartment Building
8-Unit Apartment Building

417 N 28th Street, Mcallen, TX 78501

$675,000
6,486 sqft 0.26 AC lot

Two-story residential units with two bedrooms, one-and-a-half baths, central air, and electric heating.

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Six-Unit Apartment Building
Six-Unit Apartment Building

11003 N 36th Lane, Mcallen, TX 78504

$720,000
5,901 sqft 0.36 AC lot

Recently built multifamily property with furnished kitchens, private patios, and a mix of long-term and short-term rental use.

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36-Unit Apartment Building
36-Unit Apartment Building

2700 S 28th Street, Mcallen, TX 78501

$1,795,000
22,378 sqft 0.93 AC lot

Five-building apartment property with mature trees, public water, and convenient access to parks, transit, and the freeway.

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12-Unit Townhouse Community
12-Unit Townhouse Community

3900 W Daffodil, Mcallen, TX 78501

$2,500,000
20,244 sqft

Each residence offers a two-level layout with a private porch and an attached one-car garage.

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8-Unit Apartment Building
8-Unit Apartment Building

712 Toronto Avenue, Mcallen, TX 78503

$700,000
7,440 sqft

Remodeled two-bedroom, two-bath units with central heating and cooling.

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Remodeled 8-Unit Apartment Building
Remodeled 8-Unit Apartment Building

712 Toronto Ave., Mcallen, TX 85901

$700,000
7,440 sqft 0.01 AC lot

Eight two-bedroom residences offer updated interiors, tiled floors, and washer/dryer hookups.

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8-Unit Two-Story Apartment Building
8-Unit Two-Story Apartment Building

417 N 28th St, Mcallen, TX 78501

$675,000
6,486 sqft

Consistent apartment layout with two bedrooms and one-and-a-half baths in each residence.

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8-Unit Apartment Building
8-Unit Apartment Building

812 E Daffodil Avenue, Mcallen, TX 78501

$650,000
7,216 sqft 0.52 AC lot

Brick multifamily property with central HVAC, garages, patios, and mature trees.

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Six-Unit Multifamily Property
Six-Unit Multifamily Property

613 S 12th Street, Mcallen, TX 78501

$379,000
3,343 sqft 0.16 AC lot

Occupied rental property with garage parking, central heating, and a mix of central air and window-unit cooling.

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6-Unit Apartment Building
6-Unit Apartment Building

1201 E Iris, Mcallen, TX 78504

$975,000
6,639 sqft

Completed in 2024, the property offers appliance-equipped units in a six-home multifamily configuration.

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Mixed-Use Property With Dual Frontage
Mixed-Use Property With Dual Frontage

4901 Buddy Owens Boulevard, Mcallen, TX 78504

$1,900,000
7,931 sqft 8.70 AC lot

Multi-component property combines multifamily housing and occupied office space across connected parcels.

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Renovated 5-Unit Apartment Building
Renovated 5-Unit Apartment Building

502 N 15th St, Mcallen, TX 78501

$675,000
4,008 sqft

Updated multifamily property with dedicated mini-split cooling in every apartment and water and trash included in rent.

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36-Unit Apartment Property
36-Unit Apartment Property

2700 S 28th St, Mcallen, TX 78501

$1,795,000
22,378 sqft

Five-building apartment property near city parks, a library, recreation facilities, public transit, and freeway access.

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Fully Occupied 6-Unit Multifamily
Fully Occupied 6-Unit Multifamily

613 S 12th St, Mcallen, TX 78501

$379,000
3,343 sqft

Fully occupied 6-unit multifamily property in Downtown McAllen with established monthly rent performance.

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12-Unit Townhouse Community
12-Unit Townhouse Community

3900 W Daffodil Avenue, Mcallen, TX 78501

$2,500,000
1.35 AC lot

Each residence offers a three-bedroom layout, private garage, back porch, and access to shared parking.

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Turnkey 5-Unit Short-Term Rental Portfolio
Turnkey 5-Unit Short-Term Rental Portfolio

2513 Beaumont Avenue, Mcallen, TX 78501

$449,000
3,660 sqft

Renovated 5-unit portfolio with (4) 2BR/1BA and (1) 1BR/1BA units, turnkey and actively income-producing with paved parking.

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16-Unit Apartment Complex
16-Unit Apartment Complex

2428 Upas Avenue, Mcallen, TX 78501

$1,440,000

Multifamily property with varied floor plans, covered parking, appliances, laundry facilities, and a designated dog area.

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Apartment Building with On-Site Laundry
Apartment Building with On-Site Laundry

1108 Fern Avenue, Mcallen, TX 78501

$1,130,000

Twelve one-bedroom residences include central air, essential appliances, and shared laundry facilities.

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Renovated Multifamily Property Near La Plaza
Renovated Multifamily Property Near La Plaza

712 Toronto Avenue, Mcallen, TX 78503

$700,000

Fully renovated 8-unit multifamily property near La Plaza Mall.

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McAllen 5-Plex in Great Location
McAllen 5-Plex in Great Location

3813 N 7th Court, Mcallen, TX 78501

Contact for pricing
5,388 sqft

Well-located 5-unit multifamily property in McAllen, Texas.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 24 Active Listings in Mcallen, TX, we suggest to view alternatives - similar 48 Off-Market properties to explore as potential leads.

Mcallen, TX Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Mcallen, TX, showcased through 24 active listings on our real estate platform. These investment opportunities span a total of 181,989 square feet of properties for sale, with an estimated market value of $25,877,000.

Sale prices for apartment complexes in Mcallen, TX start at $379,000, averaging $1,125,086, and reaching up to $2,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Small apartment buildings 1

Demographics Overview

Population 143K
Population Growth (5Y) +1.9%
Median Household Income $61,483
College Educated 24.9%

High-Yield Neighborhoods for Investment

Identify Mcallen submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
Show Low - 85901 $700K
McAllen - 78501 $1.1M

Taxes & Financing

Tax Rate (average for all types) 2.06%
Property Tax per SF $17.58 per SF
Tax Rate vs County Average 0.31 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hidalgo County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Hidalgo County

Retail

Office

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Mcallen fall within the 100,000+ square foot range.

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