Two-Building Multifamily
For Sale
$525,000
11112 N 29th St, McAllen, TX 78504
Ten occupied units across two apartment buildings on a half-acre lot, on septic with access to city sewer hookup.
Property Size6,992 SF
Lot Size0.50 Acres
Price / SF$75.09
Days on Market50
Property Features for 11112 N 29th St
General Information
Standard status
Active
Size
6,992 SF
Lot size
0.50 Acres
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Utilities to Site
Yes
Multifamily Units
10
Building Details
Year Built
1975
Tenancy
Multi
Listing Agency:
RE/MAX Hacienda
Listed By:
Hector M. Guerra · License #TREC#0341517
(956) 782-9222
Source:
Aregtx
Added: Jul 20
Changed: Sep 5
Last Checked: Sep 6 at 10:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Hacienda
Investment Insights
Based on property information with market context.
This two-building apartment property contains 10 units total, with unit mix including seven 2-bedroom, 1-bath units, one 1-bedroom, 1-bath unit, and two efficiency units with a small kitchenette. All units are currently occupied. The property is being sold strictly as-is.
The apartments are located in the Sharyland School District on a half-acre lot in NW McAllen. The buildings are on septic tanks, and the seller notes they have access to be hooked up to the McAllen city sewer system now that the area has been annexed.
All financing terms are cash or conventional financing only; owner financing is not being offered.
The apartments are located in the Sharyland School District on a half-acre lot in NW McAllen. The buildings are on septic tanks, and the seller notes they have access to be hooked up to the McAllen city sewer system now that the area has been annexed.
All financing terms are cash or conventional financing only; owner financing is not being offered.
Key Highlights
- 10 occupied units across 2 apartment buildings on a 0.5‑acre lot
- Unit mix: seven 2BR/1BA units, one 1BR/1BA unit, and two efficiency 1BR/1BA units
- Year built: 1975
Property Analytics
Property Profile
Current Use
Lease Details
10
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
69
Businesses Nearby
Explore this area
Business Placement
Demographics for 78504, TX
56,830
Population
21,417
Households
2.7
Avg Household Size
35
Median Age
40%
College-Educated
86%
High-School Grad
19.6 sq mi
ZIP Area
2,899
Density / Sq Mi
$77,627
Median Household Income
$41,632
Median Earnings
$1,178
Median Rent
$203,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Ten occupied units across two apartment buildings on a half-acre lot, on septic with access to city sewer hookup.
Where is this apartment building located?
The property is located at 11112 N 29th St McAllen, TX.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 10 occupied units across 2 apartment buildings on a 0.5‑acre lot; Unit mix: seven 2BR/1BA units, one 1BR/1BA unit, and two efficiency 1BR/1BA units; Year built: 1975
