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    Mcallen, TX
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    Mcallen, TX Residential Income Properties for Sale

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    Remodeled 8-Unit Apartment Building
    Updated: Jul 12
    Remodeled 8-Unit Apartment Building

    712 Toronto Avenue, Mcallen, TX 78503

    $700,000
    7,440 sqft
    8‑unit multifamily property; all units are 2 bed, 2 bath
    Extensively remodeled units with new windows, door hardware, cabinets, countertops, tile, recessed lighting, trim, and ceiling fans
    Brick construction with balcony and porch
    Utilities/services include public water; electric water heater
    Central heating and central air with electric HVAC
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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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    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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    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 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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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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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    New Fourplex Investment Property
    New Fourplex Investment Property

    5800 Ozark Avenue, Mcallen, TX 78504

    $549,000
    3,978 sqft 0.22 AC lot

    Newly constructed fourplex with two 3-bedroom units and two 2-bedroom units, each with two baths and upgraded appliances.

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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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    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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    Multi-Building 36-Unit Apartment Property
    Multi-Building 36-Unit Apartment Property

    2700 S 28th Street, Mcallen, TX 78501

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

    36-unit apartment property featuring five buildings across three corner lots in McAllen, with city bus access and freeway convenience.

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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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    Modern Fourplex Investment
    Modern Fourplex Investment

    11501 N 25th St, Mcallen, TX 78504

    $537,500
    4,052 sqft

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

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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

    For sale 8-unit apartment building with all units remodeled as 2 bed, 2 bath residences.

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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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    Brand-New 4-Plex with Patios
    Brand-New 4-Plex with Patios

    11415 N 24th, Mcallen, TX 78504

    $525,000
    4,000 sqft

    New construction fourplex offering open-concept units, ample parking, and private patios.

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    Fourplex with In-Unit Laundry
    Fourplex with In-Unit Laundry

    1304 E Hibiscus Avenue, Mcallen, TX 78501

    $645,000
    4,216 sqft 0.24 AC lot

    Four-unit property offering 10 bedrooms, 8 bathrooms, stainless steel appliances, and in-unit laundry in a gated community.

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    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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    Four-Unit Residential Income Property
    Four-Unit Residential Income Property

    3004 L St, Mcallen, TX 78503

    $600,000
    5,480 sqft

    Four-unit residential property offers 3-bedroom, 3-bath units with open-concept layouts.

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    Modern Triplex with Three Leased Units
    Modern Triplex with Three Leased Units

    2208 Galveston Avenue, Mcallen, TX 78501

    $455,000
    3,024 sqft 0.16 AC lot

    Newer triplex in McAllen featuring three separate, leased 3-bed/2-bath homes with individual utility meters.

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    Modern Fourplex Investment
    Modern Fourplex Investment

    11413 N 25th St, Mcallen, TX 78504

    $550,000
    4,052 sqft

    Fourplex with two 2-bedroom and two 3-bedroom units, all fully equipped with in-unit laundry and kitchen appliances.

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    Brick-Veneer Quadplex
    Brick-Veneer Quadplex

    1721 N 11TH ST., Mcallen, TX 78501

    $325,000
    2,768 sqft 0.21 AC lot

    Four 1-bedroom, 1-bath efficiency units with preserved original oak flooring and separate meters.

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    New Fourplex Residential Investment
    New Fourplex Residential Investment

    5800 Ozark Ave, Mcallen, TX 78504

    $549,000
    3,978 sqft

    Turnkey newly constructed fourplex with four units, including two 3-bed/2-bath and two 2-bed/2-bath layouts.

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    McAllen Multifamily Investment Opportunity
    McAllen Multifamily Investment Opportunity

    3004 L Street, Mcallen, TX 78503

    $600,000
    5,480 sqft 0.18 AC lot

    Four-unit multifamily property near La Plaza Mall in McAllen.

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

    2501 State Highway 107, Mcallen, TX 78504

    $1,400,000
    12,000 sqft

    Fully renovated 10-unit property with all 2 bed, 2 bath units, offered alongside a turnkey adjacent office.

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    McAllen Multi-Family Investment Property
    McAllen Multi-Family Investment Property

    3005 S K Center Street, Mcallen, TX 78503

    $600,000
    5,502 sqft 0.18 AC lot

    Four-unit property near La Plaza Mall in McAllen, Texas.

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    Mcallen, TX Residential Income Properties Market Trends and Statistics

    Explore 99 residential income properties for sale in Mcallen, TX, showcased through 99 active listings on our real estate platform. These investment opportunities span a total of 324,840 square feet of properties for sale, with an estimated market value of $37,984,200.

    Sale prices for residential income properties in Mcallen, TX start at $54,900, averaging $395,668, 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

    Multifamily properties 70
    Quadplexes 37
    Apartment buildings 22
    Duplexes 7
    Short term rental properties 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
    McAllen $307.6K
    Mission $524.9K
    Show Low $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

    • 78503
    • 78501
    • 78504
    • 78573
    • 85901

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