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    Mcallen, TX
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    Mcallen, TX Apartment Buildings for Sale

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    Remodeled 8-Unit Apartment Building
    Updated: Jun 19
    Remodeled 8-Unit Apartment Building

    712 Toronto Ave., Mcallen, TX 85901

    $700,000
    7,440 sqft 0.01 AC lot
    8‑unit multi‑family property with all units configured as 2 bed, 2 bath
    Units have been extensively remodeled with new windows, door hardware, cabinets, countertops, tile flooring, recessed lighting, trim, and ceiling fans
    Exterior features include balcony, deck, and fenced yard areas
    Brick construction with tile flooring and a composition roof; built in 1985
    Each unit includes a washer/dryer hook‑up; appliances include oven, refrigerator, and stove
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    This listing looks promising.

    Here's a quick look at some key insights for

    712 Toronto Ave., McAllen, TX 85901

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    • Est. Cap Rate

      8.8%
      Above avg (5.9%)

    • Est. NOI

      $62K
      Annual

    • Price @ 7% Cap

      $883K
      Above asking

    • Property Type

      Condominium
      Built 1980
    View Property Analytics
    Two-Story Multifamily with 8 Units
    Updated: Jul 2
    Two-Story Multifamily with 8 Units

    417 N 28th Street, Mcallen, TX 78501

    $699,000
    6,486 sqft 0.26 AC lot
    8 two‑story units in a brick/frame complex; each unit has 2 bedrooms and 1.5 baths
    Year built 1994
    Central electric heat with central air conditioning
    Appliances included: electric water heater, refrigerator, stove/range (electric coil), washer and dryer
    Parking includes a garage and carport; mature trees on the exterior
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    McAllen Multifamily Investment Opportunity
    McAllen Multifamily Investment Opportunity

    502 N 15th Street, Mcallen, TX 78501

    $675,000
    4,008 sqft 0.24 AC lot

    Renovated 5-unit apartment complex in McAllen's Historic Palm District.

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

    712 W. Toronto Avenue, Mcallen, TX 78503

    $875,000
    2 sqft

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

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Income-Producing Sixplex in North McAllen
    Income-Producing Sixplex in North McAllen

    11003 N 36th Lane, Mcallen, TX 78504

    $740,000
    5,901 sqft 0.36 AC lot

    Sixplex with long-term and short-term rental income potential.

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

    712 Toronto Avenue, Mcallen, TX 78503

    $700,000
    7,440 sqft

    Eight remodeled two-bedroom, two-bath units offer a turnkey residential income option in McAllen.

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    McAllen Multifamily Investment Opportunity
    McAllen Multifamily Investment Opportunity

    613 S 12th Street, Mcallen, TX 78501

    $389,000
    3,343 sqft 0.16 AC lot

    Fully occupied 6-unit property in Downtown McAllen with strong income.

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    Eight-Unit Two-Story Apartment Building
    Eight-Unit Two-Story Apartment Building

    417 N 28th Street, Mcallen, TX 78501

    $699,000
    6,486 sqft

    For sale multifamily property featuring eight two-story units with two bedrooms and 1.5 baths each.

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    Mixed-Use Land with Income Units
    Mixed-Use Land with Income Units

    4901 Buddy Owens Boulevard, Mcallen, TX 78504

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

    Income-producing site with an 8-unit multifamily complex and two occupied office spaces across three connecting parcels.

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

    3813 N 7th Court, Mcallen, TX 78501

    $529,500
    5,388 sqft

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

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 10 Active listings in Mcallen, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 62 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Two-Building Multifamily Property
    Two-Building Multifamily Property

    2911 and 2913 N Veterans Boulevard, San Juan, TX 78589

    $795,000
    7,467 sqft 0.77 AC lot

    Multifamily for sale with 12 units across two addresses in San Juan, TX, including one- and two-bedroom layouts.

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    Multifamily Property with Additional Land
    Multifamily Property with Additional Land

    2900 S Cage Boulevard, Pharr, TX 78577

    $1,280,000
    7,300 sqft 1.77 AC lot

    Five-unit income property on about 1.77 acres with land behind a commercial plaza.

    View details
    Income-Producing Apartment Building
    Income-Producing Apartment Building

    2900 S Cage Boulevard, Pharr, TX 78577

    $1,280,000
    1,070 sqft 1.77 AC lot

    Apartment building featuring five income-producing units totaling approximately 7,300 square feet.

    View details
    Fully Occupied Multifamily Investment Property
    Fully Occupied Multifamily Investment Property

    204 E Fourth Street, San Juan, TX 78589

    $690,000
    5,200 sqft

    Eight-unit complex with month-to-month leases near expressway and amenities.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Buildable Land Parcel
    Commercial Buildable Land Parcel

    801 NW 36th Avenue, Norman, OK 73072

    $250,000
    0.74 AC lot

    Buildable lot with approximately 370 feet of frontage on NW 36th Avenue and soil/engineering testing already completed.

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    Buildable Lot for Luxury Condos
    Buildable Lot for Luxury Condos

    801 36th Ave NW, Norman, OK 73072

    $285,000
    0.74 AC lot

    0.74 acre buildable lot zoned for low-density apartments.

    View details
    Ocean Springs Highway 90 Land
    Ocean Springs Highway 90 Land

    Bienville Blvd, Ocean Springs, MS 39564

    $675,000
    143,748 sqft 3.30 AC lot

    3.3 acre commercial land on Highway 90, Ocean Springs.

    View details
    Prime Development Land, Springfield MO
    Prime Development Land, Springfield MO

    N West Bypass, Springfield, MO 65802

    $2,850,000
    29.20 AC lot

    29.2 acres of retail-zoned land for mixed-use development.

    View details

    Off-Market Properties in Mcallen, TX

    Consider similar Off-Market properties in Mcallen, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3813 8th Ct
    APARTMENT HOUSE (5+ UNITS)

    3813 8th Ct, Mcallen, TX 78501-1762

    Value Estimation by Request
    4,224 sqft 0.20 AC lot
    View details
    800 Toronto Ave
    APARTMENT HOUSE (5+ UNITS)

    800 Toronto Ave, Mcallen, TX 78503-2924

    Value Estimation by Request
    6,008 sqft 0.24 AC lot
    View details
    727 Dallas Ave
    APARTMENT HOUSE (5+ UNITS)

    727 Dallas Ave, Mcallen, TX 78501

    Value Estimation by Request
    6,256 sqft 0.47 AC lot
    View details
    300 49th St, Unit 212
    APARTMENT HOUSE (5+ UNITS)

    300 49th St, Mcallen, TX 78501-5497

    Unit 212
    Value Estimation by Request
    4,456 sqft 0.41 AC lot
    View details
    317 28th St
    APARTMENT HOUSE (5+ UNITS)

    317 28th St, Mcallen, TX 78501-7934

    Value Estimation by Request
    6,072 sqft 0.25 AC lot
    View details
    1108 Fern Ave
    APARTMENT HOUSE (5+ UNITS)

    1108 Fern Ave, Mcallen, TX 78501-1957

    Value Estimation by Request
    7,632 sqft 0.29 AC lot
    View details
    1107-1109 Vine Ave
    APARTMENT HOUSE (5+ UNITS)

    1107-1109 Vine Ave, Mcallen, TX 78501

    Value Estimation by Request
    4,160 sqft 0.25 AC lot
    View details
    220 Upas Ave
    APARTMENT HOUSE (5+ UNITS)

    220 Upas Ave, Mcallen, TX 78501-5585

    Value Estimation by Request
    4,480 sqft 0.23 AC lot
    View details
    602 8th St
    APARTMENT HOUSE (5+ UNITS)

    602 8th St, Mcallen, TX 78501-2618

    Value Estimation by Request
    3,268 sqft 0.21 AC lot
    View details
    2011 Austin Ave
    APARTMENT HOUSE (5+ UNITS)

    2011 Austin Ave, Mcallen, TX 78501-7045

    Value Estimation by Request
    4,796 sqft 0.24 AC lot
    View details
    4401 6th St
    APARTMENT HOUSE (100+ UNITS)

    4401 6th St, Mcallen, TX 78504-2572

    $545,000
    Estimated value
    10,614 sqft 6.77 AC lot
    View details
    11112 29th St
    APARTMENT HOUSE (5+ UNITS)

    11112 29th St, Mcallen, TX 78504-9443

    Value Estimation by Request
    6,416 sqft 0.59 AC lot
    View details
    2600 27th St
    APARTMENT HOUSE (5+ UNITS)

    2600 27th St, Mcallen, TX 78503-7928

    Value Estimation by Request
    4,494 sqft 0.30 AC lot
    View details
    2904 Camellia Ave
    APARTMENT HOUSE (5+ UNITS)

    2904 Camellia Ave, Mcallen, TX 78501

    Value Estimation by Request
    5,072 sqft 0.24 AC lot
    View details

    Mcallen, TX Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Mcallen, TX, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 54,425 square feet of properties for sale, with an estimated market value of $7,906,500.

    Sale prices for two-family homes in Mcallen, TX start at $389,000, averaging $790,650, and reaching up to $1,900,000 — 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 $700K
    McAllen $816.3K

    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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    Most Searched ZIP Codes in Mcallen, TX

    • 78501
    • 78503
    • 78504
    • 85901

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