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Multifamily Property in North McAllen
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11112 N 29th Street, McAllen, TX 78504

10-unit multifamily property in North McAllen near UTRGV.

Property Size6,992 SF
Lot Size0.59 Acres
Price / SF$82.24
Days on Market869

Property Features for 11112 N 29th Street

General Information

Standard status Active
Size 6,992 SF
Lot size 0.59 Acres
Property subtype Multifamily
Zoning RS

Building Details

Year Built 1975
Listing Agency: Pinnacle Realty Advisors
Listed By: Karen Carreno · License #718612
Source: Crexi
Added: Apr 14, 2024 Changed: Aug 8 Last Checked: Aug 8 at 4:18AM

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 Pinnacle Realty Advisors

Investment Insights

Based on property information with market context.

This multifamily property, located in North McAllen, presents an investment opportunity. Situated on a 0.59-acre lot within the Sharyland School District, the property is a short drive from UTRGV. The property includes ten units: seven units with two bedrooms and one bathroom, one unit with one bedroom and one bathroom, and two efficiency units with kitchenettes. The property has a size of 6,992 square feet. All units are currently occupied.

Key Highlights

  • Ten‑unit multifamily property offers immediate rental income (all units occupied).
  • Located in North McAllen and part of the Sharyland School District.
  • Owner financing is available.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Electrical Service Law Firm Building Supply Restaurant Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

69
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - 10-unit multifamily property in North McAllen near UTRGV.
Where is this apartment building located?
The property is located at 11112 N 29th Street McAllen, TX.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Ten‑unit multifamily property offers immediate rental income (all units occupied).; Located in North McAllen and part of the Sharyland School District.; Owner financing is available.
(972) 591-3988 Call to check price and availability
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