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    Mcallen, TX Multifamily Properties 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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    New-Construction Quadplex
    New-Construction Quadplex

    11403 N 24th Lane, Mcallen, TX 78504

    $520,000
    4,148 sqft 0.22 AC lot

    Four modern residential units feature open layouts, contemporary finishes, garages, patios, and central electric heating and cooling.

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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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Fully Leased Fourplex in Gated Community
    Fully Leased Fourplex in Gated Community

    905 E Myrtle Beach Avenue, Mcallen, TX 78503

    $535,000
    4,320 sqft

    Built in 2018, this fourplex has all units leased and individually metered for electric and water.

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    Four-Unit Quadplex with Modern Finishes
    Four-Unit Quadplex with Modern Finishes

    5800 Ozark Avenue, Mcallen, TX 78504

    $530,000
    3,978 sqft 0.22 AC lot

    Under-construction multifamily property with a balanced unit mix, contemporary interiors, and energy-conscious construction features.

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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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    Turnkey Fourplex in Gated Community
    Turnkey Fourplex in Gated Community

    905 E Myrtle Beach Avenue, Mcallen, TX 78503

    $535,000
    4,320 sqft 0.24 AC lot

    Fully leased fourplex built in 2018 with individual electric and water meters and in-unit laundry hookups.

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    Modern Four-Unit Quadplex
    Modern Four-Unit Quadplex

    5709 Sandpiper Ave, Mcallen, TX 78504

    $565,000
    4,320 sqft

    Gated multifamily property with open-concept three-bedroom residences and private low-maintenance outdoor areas.

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    Under-Construction Quadplex
    Under-Construction Quadplex

    11501 N 25th Street, Mcallen, TX 78504

    $545,000
    4,052 sqft 0.22 AC lot

    Modern fourplex under construction with central HVAC, garages, and four furnished units ready for turnkey living.

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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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    4-Unit Quadplex with Open-Concept Layout
    4-Unit Quadplex with Open-Concept Layout

    3005 S K Center St, Mcallen, TX 78503

    $600,000
    5,502 sqft

    Quadplex with four three-bedroom, three-bath units and open-concept layouts built in 2016.

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    Modern Fourplex Income Property
    Modern Fourplex Income Property

    11413 N 25th Street, Mcallen, TX 78504

    $550,000
    4,052 sqft 0.22 AC lot

    Modern fourplex with four equipped units, including one operating short-term rental unit.

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    Quadplex in Gated Community
    Quadplex in Gated Community

    1304 E Hibiscus Avenue, Mcallen, TX 78501

    $645,000
    4,216 sqft 0.24 AC lot

    Built in 2023 quadplex with central air, electric heat, and in-unit laundry appliances for tenant convenience.

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    Fourplex with Private Backyards
    Fourplex with Private Backyards

    5609 Sandpiper Ave, Mcallen, TX 78501

    $535,000
    4,320 sqft

    Four 3-bedroom, 2-bath units with in-unit laundry, private fenced backyards, and covered parking within a gated community.

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    Modern Gated Quadplex
    Modern Gated Quadplex

    5909 Sandpiper Avenue, Mcallen, TX 78504

    $550,000
    4,320 sqft 0.26 AC lot

    Four contemporary rental units feature private outdoor space, covered parking, and upgraded interior finishes.

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    New Construction Fourplex Investment
    New Construction Fourplex Investment

    11403 N 24th Ln, Mcallen, TX 78504

    $520,000
    4,000 sqft

    New construction fourplex with two 2-bedroom and two 3-bedroom units, all leased and fully equipped with appliances.

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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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    Modern Fourplex Investment
    Modern Fourplex Investment

    11501 N 25th St, Mcallen, TX 78504

    $545,000
    4,052 sqft

    Modern fourplex with two 2-bedroom and two 3-bedroom units, each featuring in-unit appliances.

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    Four-Plex with Covered Parking
    Four-Plex with Covered Parking

    5609 Sandpiper Avenue, Mcallen, TX 78501

    $535,000
    4,320 sqft 0.24 AC lot

    Four residential units offer 3 bedrooms and 2 baths each, with in-unit washer/dryer and private fenced backyards.

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    New Construction Fourplex
    New Construction Fourplex

    11502 N 25th St, Mcallen, TX 78504

    $520,000
    4,004 sqft

    New construction fourplex featuring four three-bedroom units with appliances installed and fenced lots.

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    Fully Occupied Fourplex Investment
    Fully Occupied Fourplex Investment

    1425 E Iris Avenue, Mcallen, TX 78501

    $510,000
    4,320 sqft 0.21 AC lot

    Two-building fourplex with a mix of 1- and 2-bedroom units, fully occupied and set in a residential subdivision.

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    Newly Built Quadplex
    Newly Built Quadplex

    5800 Northwestern, Mcallen, TX 78501

    $520,000
    4,100 sqft

    Four-unit property with two- and three-bedroom layouts, complete appliance packages, and private patios.

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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.

    View details

    Mcallen, TX Multifamily Properties Market Trends and Statistics

    Explore 132 multifamily properties for sale in Mcallen, TX, showcased through 132 active listings on our real estate platform. These investment opportunities span a total of 431,622 square feet of properties for sale, with an estimated market value of $56,363,300.

    Sale prices for multifamily properties in Mcallen, TX start at $244,000, averaging $563,633, 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

    Quadplexes 62
    Apartment buildings 38
    Duplexes 18
    Short term rental properties 7
    Triplexes 7

    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
    Mission - 78573 $524.9K
    McAllen - 78501 $565.7K
    Show Low - 85901 $700K

    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
    • 78573
    • 85901

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