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    Mcallen, TX
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    Mcallen, TX Apartment Buildings for Sale

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    Eight-Unit Multifamily Property
    Updated: Jul 12
    Eight-Unit Multifamily Property

    712 Toronto Avenue, Mcallen, TX 78503

    $700,000
    7,440 sqft
    Eight‑unit multifamily property with two‑bedroom, two‑bath units
    Remodeled units with new windows, door hardware, cabinets, countertops, tile, recessed lighting
    Balconies and porches
    Brick construction, built in 1980
    Central electric heating and central air conditioning
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    This listing looks promising.

    Here's a quick look at some key insights for

    712 Toronto Avenue, McAllen, TX 78503

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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
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    8-Unit Apartment Building
    Updated: Jul 28
    8-Unit Apartment Building

    812 E Daffodil Avenue, Mcallen, TX 78501

    $650,000
    7,216 sqft 0.52 AC lot
    8 units offered together as one package
    7 of 8 units currently leased
    7,216 square feet on .52 acres
    Each unit has a separate condominium designation and legal description
    Built in 2010 with brick construction and shingle roofing
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    16-Unit Apartment Building
    16-Unit Apartment Building

    2428 Upas Avenue, Mcallen, TX 78501

    $1,440,000
    10,464 sqft 0.45 AC lot

    Brick construction, central HVAC, and on-site laundry support resident convenience.

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    Eight Two-Story Apartment Units
    Eight Two-Story Apartment Units

    417 N 28th Street, Mcallen, TX 78501

    $699,000
    6,486 sqft 0.26 AC lot

    1994-built brick and frame two-story apartment building with electric central air, public water, and no on-site parking.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    36-Unit Apartment Property
    36-Unit Apartment Property

    2700 S 28th St, Mcallen, TX 78501

    $1,950,000
    22,378 sqft

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

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    Renovated Five-Unit Apartment Complex
    Renovated Five-Unit Apartment Complex

    502 N 15th Street, Mcallen, TX 78501

    $675,000
    4,008 sqft 0.24 AC lot

    Renovated five-unit apartment complex with mini-split A/C units, patio, and water/trash included in rent.

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    36-Unit Apartment Community
    36-Unit Apartment Community

    2700 S 28th Street, Mcallen, TX 78501

    $1,950,000
    22,378 sqft 0.93 AC lot

    Five-building apartment community on three corner lots with public utilities and chain-link fencing.

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    Renovated 10-Unit Apartment Complex
    Renovated 10-Unit Apartment Complex

    2505 W State Highway 107, Mcallen, TX 78504

    $720,000
    3,300 sqft

    Fully renovated 10-unit apartment property with all units configured as 2 bed, 2 bath residences.

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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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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    11003 N 36th Lane, Mcallen, TX 78504

    $740,000
    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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    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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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    613 S 12th Street, Mcallen, TX 78501

    $379,000
    3,343 sqft 0.16 AC lot

    Fully occupied six-unit multifamily property with central heat and window or central air plus garage parking.

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    8-Unit Multifamily Property
    8-Unit Multifamily Property

    4901 Buddy Owens Boulevard, Mcallen, TX 78504

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

    8.7-acre multifamily offering with dual frontage on Buddy Owens Blvd and Taylor Rd, plus two commercial office tenants.

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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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    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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    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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    Willow Ridge Multifamily Investment Opportunity
    Willow Ridge Multifamily Investment Opportunity

    812 E Daffodil Avenue, Mcallen, TX 78501

    Contact for pricing
    7,216 sqft 0.52 AC lot

    Income-producing multifamily property in McAllen, near hike and bike trails.

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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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    Six-Unit Apartment Building with 1-Bed Units
    Six-Unit Apartment Building with 1-Bed Units

    2800 N 30th Street, Mcallen, TX 78501

    $450,000

    Six 1-bedroom units in two 3-plex buildings, built in 1983, with appliances included.

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    Six-Unit Multifamily Investment
    Six-Unit Multifamily Investment

    613 S 12th Street, Mcallen, TX 78501

    $379,000

    Fully occupied six-unit multifamily property with all units leased and generating rental income.

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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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    Gated Multifamily Apartment Community
    Gated Multifamily Apartment Community

    1901 Japonica Ave, Mcallen, TX 78501

    Contact for pricing
    42,460 sqft

    Secure gated community with 44 two-story apartment homes, pool, and open or covered parking.

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    Full-Brick 32-Unit Apartment Community
    Full-Brick 32-Unit Apartment Community

    2501 Hibiscus Avenue, Mcallen, TX 78501

    Contact for pricing

    Well-maintained two-story, full-brick 32-unit complex with paved covered parking and 2-bed, 1-bath layouts, currently 97% occupied.

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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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    Mcallen, TX Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Mcallen, TX, showcased through 31 active listings on our real estate platform. These investment opportunities span a total of 191,640 square feet of properties for sale, with an estimated market value of $19,226,000.

    Sale prices for two-family homes in Mcallen, TX start at $379,000, averaging $915,523, and reaching up to $1,950,000 — 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 $833.4K

    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
    • 78504
    • 78503
    • 85901

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