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    Mcallen, TX
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    Mcallen, TX Triplexes for Sale

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    Modern Triplex with Three Leased Units
    Updated: Jun 23
    Modern Triplex with Three Leased Units

    2208 Galveston Avenue, Mcallen, TX 78501

    $455,000
    3,024 sqft 0.16 AC lot
    Triplex built in 2023 with 3 identical units, each offering 3 bedrooms and 2 baths
    Each unit has 1,008 SF of living space for 3,024 total SF, with tiled flooring, tiled shower walls, and ceiling fans
    Kitchens feature quartz counters and include refrigerator, electric smooth‑top stove/range, and microwave
    All units have separate utility meters; electric central heating and central air; electric water heater
    Includes parking at both front and rear with garage and carport plus alley access; chain‑link fencing
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    This listing looks promising.

    Here's a quick look at some key insights for

    2208 Galveston Avenue, McAllen, TX 78501

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    • Est. Cap Rate

      6%
      Above avg (5.9%)

    • Est. NOI

      $27K
      Annual

    • Price @ 7% Cap

      $390K
      Suggested

    • Property Type

      Triplex
      Built 2023
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Mcallen, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Weslaco Triplex Investment Opportunity
    Weslaco Triplex Investment Opportunity

    2109 Davenport Street, Weslaco, TX 78596

    $364,900
    3,161 sqft 0.24 AC lot

    Fully rented triplex near expressway, school, park, and medical district.

    View details
    Triplex with Corner Lot
    Triplex with Corner Lot

    100 S Iowa Avenue, Weslaco, TX 78596

    $195,000
    2,072 sqft 0.11 AC lot

    Triplex with two 2-bedroom units and one 1-bedroom unit, featuring updated roof and HVAC, plus five parking spaces.

    View details
    Edinburg Triplex with Modern Amenities
    Edinburg Triplex with Modern Amenities

    3415 N Kenyon Road, Edinburg, TX 78542

    $338,000
    2,450 sqft 0.22 AC lot

    Three-unit property near Monte Cristo Golf Community.

    View details
    Leased Triplex on Large Lot
    Leased Triplex on Large Lot

    4813 Haven Lane, Edinburg, TX 78542

    $149,900
    1,254 sqft 0.50 AC lot

    Fully leased triplex on 0.50 acres in Edinburg, Texas.

    View details

    Mcallen, TX Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Mcallen, TX on our real estate platform. These investment opportunities span a total of 3,024 square feet of properties for sale, with an estimated market value of $455,000.

    Sale prices for three-family homes in Mcallen, TX start at $455,000, averaging $455,000, and reaching up to $455,000 — 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 20
    Apartment buildings 12
    Duplexes 2
    Short term rental properties 2
    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
    78501 $367.5K

    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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