Investor alert!! This 8 unit multi family property is located just down the street from 10th st and La Plaza Mall. La Plaza Mall is the premier shopping destination in the Rio Grande Valley and features over 1,300,000 square feet of upscale and mainstream retail space. All of the units are 2 bedroom 2 bath, and have been extensively remodeled with new windows, door hardware, cabinets, counter tops, tile, recessed lighting, trim, and ceiling fans throughout. Don't miss this opportunity to purchase a property with an outstanding location and great income potential! Seller financing available!
Fully leased 4-unit investment property generating $57,660 in annual gross rental income.Assumable FHA loan at 3.9% (subject to lender approval). A valuable financing advantage that's hard to find in today's market. Modern and well-maintained 4-plex located at 905 E La Cantera Ave, McAllen, TX, featuring two 3 bed / 2 bath units and two 2 bed / 2 bath units with strong rental demand and income potential. Each unit offers contemporary finishes and open layouts. Prime location near restaurants, major hospitals, airport, and shopping. Excellent opportunity for long-term rentals or short-term use (Airbnb or similar, subject to local regulations). Whether you’re expanding your portfolio or looking for a high-performing investment, this 4-plex delivers on every level. Interest rate, loan balance, and assumability are subject to lender verification and buyer qualification. Seller is a licensed real estate agent. Schedule your showing today!
Don't miss this exceptional investment opportunity in the heart of McAllen! El Cazador Apartments is a well-maintained 10-unit multifamily property ideally located behind the iconic PNC Tower, with convenient access to major employers, shopping, dining, and entertainment. The property offers a desirable mix of 4 studios, 4 one-bedroom/one-bath units, and 2 two-bedroom/1.5-bath units. Four units have been fully renovated, while the remaining units have been updated, offering additional upside. Many tenants have occupied the property for 5+ years, providing stable occupancy and reliable cash flow. Individually metered electric service keeps operating costs low, making this a turnkey investment with immediate income and long-term appreciation potential.
Beautiful income producing four-plex with all four units currently rented, providing immediate cash flow for investors. Well maintained property with modern layouts designed for comfortable living. All appliances convey with the sale, making this a truly turnkey investment opportunity.
Welcome to this income-producing treasure in the heart of Central McAllen! This beautifully updated 2-bedroom, 2-bathroom home is currently tenant-occupied, providing steady rental income. The tranquil backyard boasts lemon and grapefruit trees, creating a serene space to unwind while enjoying fresh fruit right at home. Positioned alongside two additional properties also available for purchase, this listing presents a rare opportunity to expand your investment portfolio. this property generates $1,900 a month
Welcome to this income-producing treasure in the heart of Central McAllen! This beautiful new construction 2-bedroom, 2-bathroom home is currently tenant-occupied, providing steady rental income. The tranquil backyard boasts lemon and grapefruit trees, creating a serene space to unwind while enjoying fresh fruit right at home. Positioned alongside two additional properties also available for purchase, this listing presents a rare opportunity to expand your investment portfolio. PROPERTY GENERATES $ 1,800 a month
Welcome to this income-producing treasure in the heart of Central McAllen! This beautifully updated 2-bedroom, 2-bathroom home is currently tenant-occupied, providing steady rental income. The tranquil backyard boasts lemon and grapefruit trees, creating a serene space to unwind while enjoying fresh fruit right at home. Recent renovations enhance the home’s charm and functionality, offering modern touches that appeal to tenants and homeowners alike. Positioned alongside two additional properties also available for purchase, this listing presents a rare opportunity to expand your investment portfolio. this property generates $1,600 a month
Investment opportunity in McAllen featuring eight spacious units, each with 2 bedrooms and 1 bathroom. The property offers potential for updates and improvements that may support increased rental income. Conveniently located near major roadways, schools, shopping, and dining, providing easy access to nearby amenities. A strong option for investors looking to expand their portfolio with a multi-unit property in an established area.
New Construction Fourplex in a Prime Edinburg Location by UTRGV! This modern, movein ready investment property offers an exceptional opportunity in one of Edinburg's most sought-after rental corridors. The property features four well-designed units, each equipped with a full appliance package including washer, dryer, refrigerator, stove, and microwave. Interior highlights include quartz countertops, spacious walk-in closets, & contemporary finishes throughout. Built with quality and durability, this fourplex includes cement board stucco and security cameras already installed. Leasing efforts are currently underway to assist the future investor with occupancy. Conveniently located minutes from UTRGV, the Edinburg Courthouse, major employers, shopping, dining, and entertainment. Strong rental demand and excellent income potential make this a valuable addition to any investment portfolio. Don't miss the opportunity to own a high-yield, income-producing asset in a rapidly growing area
An excellent investment opportunity in the Hills at Sharyland subdivision. This newly constructed fourplex features a well-balanced mix of units, including two spacious 3-bedroom, 2-bath units and two 2-bedroom, 2-bath units, all designed with open-concept layouts. Each unit will include a modern kitchen, tile flooring throughout, contemporary finishes and fixtures, poly foam insulation on ceilings, and Hebel construction for added efficiency. Great opportunity for investors looking to secure a quality multi-family property in a great area.
Prime investment opportunity, this fully occupied fourplex offers exceptional convenience just minutes from DHR, the medical district, dining, and retail destinations. Nestled in the Park Terrace subdivision at the southwest corner of Jackson Road and Jonquil Avenue, the property boasts a striking mid-century modern aesthetic. The property consists of two buildings with a total of four units, featuring a balanced mix of one 2-bedroom, 2-bathroom unit and one 1-bedroom, 1-bathroom unit in each building. A great opportunity to own a well-maintained, fully leased property in a premier location.
A new construction fourplex in the heart of North Mcallen Texas situated in the 78504 at the epicenter of it all of the valley's innovation......with all 3 bed units, appliances installed, fenced....this will be a turnkey ready masterpiece upon completion and will make for the perfect investment or residence. The numbers don't lie, the style is sophisticated and the "wow" factor of this property is through the roof ! This set of fourplexes are also the only all 3 bed unit apartments in the surrounding area making them a rare collector's gem and increasing the profit margin and resale potential. if you're looking to invest in Mcallen, you simply can't do better than this !
A new construction fourplex in the heart of North Mcallen Texas situated in the 78504 at the epicenter of it all of the valley's innovation......with all 3 bed units, appliances installed, fenced....this will be a turnkey ready masterpiece upon completion and will make for the perfect investment or residence. The numbers don't lie, the style is sophisticated and the "wow" factor of this property is through the roof ! This set of fourplexes are also the only all 3 bed unit apartments in the surrounding area making them a rare collector's gem and increasing the profit margin and resale potential. if you're looking to invest in Mcallen, you simply can't do better than this !
A new construction fourplex in the heart of North Mcallen Texas situated in the 78504 at the epicenter of it all of the valley's innovation......with all 3 bed units, appliances installed, fenced....this will be a turnkey ready masterpiece upon completion and will make for the perfect investment or residence. The numbers don't lie, the style is sophisticated and the "wow" factor of this property is through the roof ! This set of fourplexes are also the only all 3 bed unit apartments in the surrounding area making them a rare collector's gem and increasing the profit margin and resale potential. if you're looking to invest in Mcallen, you simply can't do better than this !
A new construction fourplex in the heart of North Mcallen Texas situated in the 78504 at the epicenter of it all of the valley's innovation......with all 3 bed units, appliances installed, fenced....this will be a turnkey ready masterpiece upon completion and will make for the perfect investment or residence. The numbers don't lie, the style is sophisticated and the "wow" factor of this property is through the roof ! This set of fourplexes are also the only all 3 bed unit apartments in the surrounding area making them a rare collector's gem and increasing the profit margin and resale potential. if you're looking to invest in Mcallen, you simply can't do better than this ! Construction just began and we are 4 months away from completion.
Take advantage of this pre-sale investment opportunity in the growing McAllen area! This planned new construction 4-plex will feature two 3-bedroom, 2-bath units and two 2-bedroom, 2-bath units, all with appliances included. Secure the property before construction begins and benefit from pre-sale pricing. The development will be conveniently located near FM 107 (University Drive), Bicentennial Blvd, and N. 10th Street, providing easy access to UTRGV, shopping centers, restaurants, fitness facilities, H-E-B, Lowe’s, and other everyday amenities. Surrounded by established and expanding residential communities, this future income-producing property offers excellent rental potential and long-term investment value. Don't miss the opportunity to own a brand-new multifamily property in one of McAllen's fastest-growing areas. Buyer have the opportunity to select certain finishes during the construction process.
Leased and cash-flowing investment opportunity in the heart of McAllen! Seller to contribute $6,000 toward buyer’s closing costs, title policy, or interest rate buy-down at listed price. Fourplex features an excellent unit mix with two spacious 3-bedroom units and two comfortable 2-bedroom units — ideal for maximizing rental demand and long-term appreciation. Located near 23rd St, Bicentennial, and 10th St with excellent school zoning, this property offers strong appeal for both investors and owner-occupants. Features include 8 covered parking spaces, and spacious walk-in closets. Every unit comes fully equipped with appliances including washer, dryer, refrigerator, stove, and micro hood. Tenants enjoy private patios plus convenient rear alley access with back parking. Perfect opportunity for owner-occupants with financing options starting around 5% down, or investors with approximately 20% down conventional financing. Easy to apply and move-in ready with income already in place!
Multi-family investment opportunity located at 1428 Iris Ave, McAllen, TX! Built in 2023, this modern four-unit property features an excellent unit mix with two spacious 3-bedroom, 2-bath units and two comfortable 2-bedroom, 2-bath units. Each apartment offers a sleek contemporary design with high ceilings, open-concept layouts, elegant quartz countertops, modern cabinetry, stylish finishes, and abundant natural light throughout. The kitchens are designed for both functionality and style, making these units highly attractive for tenants and owner-occupants alike. Conveniently located in the heart of McAllen near shopping, dining, schools, and major roadways, this property combines modern living with strong rental potential. Whether you are looking to expand your investment portfolio or live in one unit while generating income from the others, this is an outstanding opportunity you don’t want to miss!
Eldorado Estates proudly presents a High-end COMPLETED ALL 3 bed Fourplex surrounded by custom home communities. This private gated community is just a short distance from the downtown business district and the University of Texas RGV campus. The surrounding neighborhood is near quality public schools, coffee shops, supermarkets, wine bars, fine dining, yoga classes, day care, parks and recreation, stadiums and entertainment venues, and a University of Texas campus with over 31,000 students just 12 minutes away. Featuring a Fourplex built to custom home standards with recessed decorative ceilings and high-end fixtures and finishes. Stainless steel refrigerators, microwave, washer, dryer and window coverings are included in the package. All 4 units LARGE 3bed/2 ba with 1050 sq ft + yard space.
High-Cashflow 8-Unit Multifamily Fully Renovated $80K+ Annual Income Discover this turnkey 8-unit investment property in the heart of McAllen, TX, delivering strong, stable cashflow exceeding $80,000 per year. Each unit offers 2 bedrooms and 1 bathroom, featuring fully renovated interiors with new kitchens, modern flooring, updated showers, and all-new systems throughout — ensuring minimal maintenance and long-term durability. Unit Rents: $850–$975/month Occupancy: 100% leased Parking: 16 dedicated spaces Utilities: Separately metered; tenants pay all utilities The property’s comprehensive exterior and interior renovations give it a clean, modern appeal that attracts and retains quality tenants. With all upgrades complete, this is a true turnkey asset offering immediate income and long-term appreciation potential. Ideal for investors seeking reliable cashflow, strong yield, and hands-off management in a thriving McAllen rental market.
Investment opportunity! Perfectly suited for investors, first time homebuyers, or anyone looking to capture incredible value in the booming McAllen market. In a highly desirable, peaceful neighborhood, this home boasts an unbeatable location with access to premier shopping centers, top rated schools, and major transit corridors. The versatile layout and strong structural bones provide the ultimate canvas for immediate rental income, a profitable flip, or a beautiful primary residence. Property also has a brand new roof installed 2024. Properties in this pocket rarely become available, making this a premier chance to secure real estate in a high demand area with proven long term appreciation.
Prime property presents a remarkable investment opportunity ideal for seasoned portfolios, first time buyers, or anyone seeking a high value asset. Situated in a fantastic, highly accessible McAllen neighborhood, the location offers proximity to local dining, retail hubs, and excellent schools. Whether your goal is generating steady rental income, executing a profitable flip, or establishing a beautiful personal home, this versatile property delivers immense potential. Do not miss the chance to secure a footprint in this great area with a strong track record of demand and lasting value
A renovated 5-unit short-term rental portfolio in McAllen's Medical Corridor, generating $82,563 in gross revenue and $55,623 NOI on FY 2025 actuals. The property totals 3,660 SF with a unit mix of (4) 2BR/1BA and (1) 1BR/1BA — all turnkey and actively income-producing. Airbnb with 300+ reviews, strong guest demand, and a proven operating history. At a 32.6% expense ratio this asset is priced well below replacement cost and delivers returns nearly double the Texas multifamily average. Located within 2 miles of Rio Grande Regional Hospital and South Texas Health System, demand is consistent and recurring.
Three leased Units!!!! /Security Cameras Installed, Cement Board Construction LG Appliances / Quartz countertops, New Construction Fourplex – Prime Edinburg Location Near UTRGV this brand-new, modern fourplex offers an exceptional investment opportunity in a high-demand rental corridor of Edinburg, TX. Property features four total units: Walk-in closets Full appliance package: washer, dryer, refrigerator, stove, microwave Leasing Units Now to Assist the future investor. Located minutes from UTRGV, Edinburg Courthouse, major employers, retail, and dining. Strong rental potential with steady tenant demand in this growing area. Do not miss this opportunity to add a high-yield asset to your portfolio.
Excellent investment opportunity in the highly desirable Sharyland ISD! This modern gated four-plex features four spacious 3-bedroom, 2-bath units with open-concept layouts, ceramic tile flooring, granite countertops, custom cabinetry, and oversized kitchen islands. Each unit includes stainless steel appliances, washer, dryer, private fenced backyard, and covered parking. All units are currently rented, offering immediate cash flow in a high-demand rental area.
Andrea D. Conner, License 521381, Xome Inc., License 9002330, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067
Based on information from the McAllen Association of REALTORS® (alternatively, from GMAR) as of {{last updated}}. GMAR does not guarantee or is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by the GMAR MLS may not reflect all real estate activity in the market.
McAllen is located in Texas. McAllen, Texas has a population of 141,941. McAllen is less family-centric than the surrounding county with 33.48% of the households containing married families with children. The county average for households married with children is 37.3%.
The median household income in McAllen, Texas is $52,422. The median household income for the surrounding county is $44,666 compared to the national median of $69,021. The median age of people living in McAllen is 33 years.
The average high temperature in July is 96.6 degrees, with an average low temperature in January of 49.4 degrees. The average rainfall is approximately 21.8 inches per year, with 0 inches of snow per year.
