McAllen Investment Properties

McAllen Investment Properties

$509,500
510892 MLS ⋅ Northwest SubDv. ⋅ ACTIVE Status
New-construction duplex townhomes with garage in North McAllen for under $270k—each with its own private garage! Ideal for owner-occupants or as a strong rental investment. Qualified buyers may purchase with as little as 0% down through an FHA/DPA program. Reserve early and personalize select finishes from the builder’s catalog. Estimated completion in 4–5 months—potentially move in before Christmas! Each modern two-story home offers nearly 1,500 SF with 3 bedrooms, 3 full bathrooms, a private garage, and a flexible downstairs bedroom ideal for guests, multigenerational living, or a home office. Enjoy a spacious private backyard with room for entertaining or a future pool. Located in gated Northwest Creek, off Sprague Rd. and 31st St., with low HOA fees and convenient access to McAllen ISD schools, Trenton Crossing, Camp McAllen, Crossings Park, restaurants, shopping, and Walmart. Visit location on maps: 3199 Brazos Ave., McAllen, TX. Ask about sellers concessions or cash discounts.

10406 N 34th Street, Mcallen
$450,000
510845 MLS ⋅ Shary Landing SubDv. ⋅ OPTION Status
INVESTMENT OPPORTUNITY!! Great opportunity to own these spacious townhomes in the McAllen area with the Sharyland School District. Located in a highly desirable neighborhood close to premier shopping centers and major corridors. All units have ceramic and laminate flooring and come with all appliances including refrigerators, stoves, dishwashers, washers and dryers.

409 S 49th S Street, Mcallen
$650,000
510885 MLS ⋅ Volare Condominium SubDv. ⋅ ACTIVE Status
Rare find in Willow Ridge Subdivision! Exceptional income-producing opportunity situated on approximately .52 acre in McAllen, just steps from scenic hike and bike trails. This 8-unit property offers investors an opportunity to acquire an established multifamily asset in a desirable location. Seven of the eight units are currently leased, providing immediate rental income. Conveniently located near major roads, shopping, dining, and area amenities. Owner financing available.

812 E Daffodil Avenue, Mcallen
$239,500
3 Beds ⋅ 3 Baths ⋅ 510836 MLS ⋅ Sunset Valley SubDv. ⋅ ACTIVE Status
Visit our furnished model at North McAllen off Bentsen Road, just pass Dove Avenue, with quick access to Ware Road, Nolana Avenue, shopping, restaurants, medical facilities, McAllen ISD schools. Enjoy plenty of light from the sliding door to large patio, 3 bedrooms with its full bath each and storage under the stairs. Thoughtfully designed featuring one bedroom and full bath downstairs, plus two private primary suites upstairs. Enjoy upscale finishes rarely found at this price point, including floor-to-ceiling custom cabinetry, a built-in oversized pantry, separate coffee and dry bar area, illuminated stairway, walk-in closets in every bedroom, two showers, and one tub. Private patios with plenty of room for outdoor entertaining. Community includes a playground, pickleball court, BBQ areas, and jogging trails. FHA eligible with as little as 3.5% down for qualified buyers. Each owner pays its water, light, taxes and insurance, a great deal to control your own expenses.

4212 Heron Avenue Unit #120, Mcallen
$365,000
510842 MLS ⋅ Northwest SubDv. ⋅ ACTIVE Status
A turnkey investment opportunity offering modern design and strong rental potential. This spacious duplex features an upscale floor plan and finishes. Renders are for illustration purposes only but are based on the floor plan. Each unit offers 3 bedrooms, 2 bathrooms with one shower and one tub, covered private patio with slab, covered parking for four vehicles, and stainless steel stove, refrigerator, and microhood. Residents will enjoy future amenities including a park, playground, courts, jogging trails, BBQ pits, covered seating and green areas. Located off Sprague and 31st with access through Brazos or Zurich near McAllen Camp, Cross Park and south of University Drive. Investor financing available with as little as 15% down. Expected market rents are approximately $1,500 per unit.

10322 N 33rd Lane, Mcallen
$365,000
510840 MLS ⋅ Northwest SubDv. ⋅ ACTIVE Status
Own a brand-new duplex with affordable FHA or VA financing. This spacious duplex features an upscale floor plan and finishes. Renders are for illustration purposes only but are based on the floor plan. Each unit includes 3 bedrooms, 2 bathrooms with one shower and one tub, covered private patio with slab, covered parking for four vehicles, and stainless steel stove, refrigerator, and microhood. Future community amenities include a park, playground, courts, jogging trails, BBQ pits, covered seating and green areas. Conveniently located off Sprague and 31st with access through Brazos or Zurich near McAllen Camp, Cross Park and south of University Drive. Qualified buyers may purchase with approximately $11,000 down and credit scores starting around 580+.

10310 N 33rd Lane, Mcallen
$355,000
510838 MLS ⋅ Northwest SubDv. ⋅ ACTIVE Status
Become a homeowner while building wealth with this spacious duplex featuring an upscale floor plan and quality finishes. Renders are for illustration purposes only but are based on the floor plan. Each unit offers 3 bedrooms, 2 bathrooms with one shower and one tub, an open-concept layout, covered private patio with slab, covered parking for four vehicles, and stainless steel stove, refrigerator, and microhood. Enjoy future community amenities including a park, playground, courts, jogging trails, BBQ pits, covered seating and green areas. Located off Sprague and 31st with access through Brazos or Zurich, near McAllen Camp, Cross Park and south of University Drive. Owner occupied financing available from 0% down for qualified buyers with 600+ credit. Live in one unit and rent the other!

10312 N 33rd Lane, Mcallen
$235,000
3 Beds ⋅ 3 Baths ⋅ 510795 MLS ⋅ Sunset Valley SubDv. ⋅ ACTIVE Status
This stylish townhome showcase modern gold chandeliers, expansive windows, upscale finishes, and private patios designed for entertaining, pets, or gardening. The flexible three-bedroom layout offers exceptional privacy, with every bedroom featuring its own full bathroom and walk-in closet. A downstairs bedroom and bath are perfect for guests, multigenerational living, or a private home office, while two spacious primary suites await upstairs. Luxury details include floor-to-ceiling custom cabinetry, an oversized built-in pantry, a dedicated coffee and dry bar, illuminated staircase, generous storage room, two showers, and one tub. Residents will also enjoy a community playground, pickleball court, BBQ areas, and jogging trails. FHA financing may be available with as little as 3.5% down for qualified buyers. Ideally located off Bentsen Road, just north of Dove Avenue, with convenient access to Ware Road, Nolana Avenue, shopping, dining, medical facilities, and McAllen ISD schools.

4213 Hummingbird Avenue Unit #89, Mcallen
$235,000
3 Beds ⋅ 3 Baths ⋅ 510781 MLS ⋅ Sunset Valley SubDv. ⋅ ACTIVE Status
Thoughtfully designed 3-bedroom, 3 full-bath townhomes featuring one bedroom and full bath downstairs, plus two private primary suites upstairs, making them ideal for multi-generational living, guests, roommates, or a home office setup. Enjoy upscale finishes rarely found at this price point, including floor-to-ceiling custom cabinetry, a built-in oversized pantry, coffee and dry bar area, illuminated stairway, spacious storage room, walk-in closets in every bedroom, two showers, and one tub. Private patios with plenty of room for outdoor entertaining, pets or gardening. Community includes a playground, pickleball court, BBQ areas, and jogging trails. FHA eligible with as little as 3.5% down for qualified buyers. Conveniently located in North McAllen off Bentsen Road, just past Dove Avenue, with quick access to Ware Road, Nolana Avenue, shopping, restaurants, medical facilities, and highly rated McAllen ISD schools.

4213 Hummingbird Avenue Unit #90, Mcallen
$409,000
3 Beds ⋅ 4 Baths ⋅ 509500 MLS ⋅ Villagio SubDv. ⋅ ACTIVE Status
Welcome to this stunning, move-in-ready townhome on a corner lot in the gated Villagio community in North McAllen! Thoughtfully designed with 3 beds, 3.5 baths, 2 living areas, a flex room, laundry room, and a bonus sunroom, this low-maintenance home offers space to live, work, and relax. The downstairs primary suite is a true retreat, featuring a walk-in closet and double vanity. The open-concept kitchen impresses with a large island, abundant counter space, and all appliances included. The garage is a standout, complete with epoxy flooring, a Tesla charger, gym setup, and built-in shelving. Additional upgrades include a reverse osmosis filtration system, sprinkler system, Cat 5 network cables, a full security system, Ring cameras, and smart thermostat. Outside, unwind under a vine-covered pergola surrounded by mature trees and lush landscaping. HOA amenities include a resort-style pool, fitness center, clubhouse, and terraza with a built-in grill. Schedule your private showing today!

1321 Ozark Avenue, Mcallen
$5,640,000
510074 MLS ⋅ Parklane SubDv. ⋅ ACTIVE Status
Excellent investment opportunity! Parklane Apartments is a 94-unit complex spanning 9 buildings near Bicentennial Blvd and Dove Ave in North McAllen. Unit mix includes 34 one-bed/one-bath units (each with a private patio) and 60 two-bed/one-bath units, all conveying with a stove and refrigerator. Built in 1982, the property features on-site laundry, a swimming pool, tennis court, and basketball court. This location is a proven value-renter magnet! Adjacent to Bill Schupp Park, minutes from Doctors Hospital at Renaissance, and close to South Texas College and UT Rio Grande Valley. Easy access to I-2 and I-69C, plus proximity to La Plaza Mall and Downtown's 17th Street entertainment district, adds tenant appeal. Located within McAllen ISD. A solid, stable asset in one of South Texas's strongest markets.

1701 Avocet Avenue, Mcallen
$420,000
508615 MLS ⋅ Greenway Heights SubDv. ⋅ ACTIVE Status
Exceptional Investment Opportunity – Fully Leased Fourplex in McAllen! Expand your investment portfolio with this fully leased fourplex offering immediate rental income in a convenient McAllen location. This well-maintained multifamily property features a desirable unit mix of 3 bedroom, 2 bath and 2-bedroom, 1.5 bath units, appealing to a broad range of tenants. Residents enjoy the convenience of on-site parking, separate electric meters with tenants responsible for their own electric service, & quick access to many of McAllen’s most popular destinations. Just minutes from H-E-B, shopping centers, restaurants, medical facilities, schools, and the vibrant downtown McAllen district, this property offers the accessibility today’s renters value. Whether you’re expanding an existing portfolio or purchasing your next income-producing property, this fourplex combines a strong location, established occupancy, & excellent long-term investment potential. Schedule your private tour today!

608 W Iris Avenue, Mcallen
$520,000
510192 MLS ⋅ La Paz SubDv. ⋅ ACTIVE Status
RARE INVESTMENT OPPORTUNITY! One of the LARGEST FOURPLEXES currently available in the market, this NEW CONSTRUCTION 2025 multifamily property offers approximately 4,800 SF of living space featuring four spacious units, each with 3 BEDROOMS and 2 FULL BATHROOMS. Each thoughtfully designed unit features an OPEN-CONCEPT FLOOR PLAN, contemporary finishes, modern fixtures WITH SMART LED MIRRORS, quality materials, and energy-efficient construction designed for comfortable, low-maintenance living. A major advantage for investors—THREE UNITS ARE CURRENTLY LEASED, providing IMMEDIATE RENTAL INCOME from day one. Each unit is leased at $1,695 per month including utilities, generating approximately $6,780 in MONTHLY GROSS RENTAL INCOME, $81,360 annually, AND A 9% CAP RATE. Conveniently located in McAllen near major highways, shopping, dining, hospitals, schools, and everyday amenities, this property offers strong tenant appeal and long-term investment potential.

3201 S 6th Lane, Mcallen
$1,950,000
509848 MLS ⋅ Bonham SubDv. ⋅ ACTIVE Status
Amazing investment opportunity with these 36 units located in south McAllen. The property consists of 5 buildings on three corner lots of Jordan Rd. & S. 28th street. The apartments are within a quarter mile walking distance of Escandon, Airport, Palmview & Uvalde city parks, along with Palmview Library & Recreation center. The property has a city bus stop and easy access to the freeway.

2700 S 28th Street, Mcallen
$975,000
509959 MLS ⋅ Park Terrace SubDv. ⋅ ACTIVE Status
Excellent investment opportunity in McAllen's newest multifamily subdivision, Park Terrace! This modern 6-unit apartment complex is ideally located at the corner of Nolana Avenue and Jackson Road, offering exceptional access to the area's top employers, shopping, and dining. Just 4 minutes from Doctors Hospital at Renaissance, 4 minutes from Expressway 281, and minutes from major retail and entertainment destinations, this property is perfectly positioned for strong rental demand. The property features an ideal unit mix of (3) 3-bedroom, 2-bath units and (3) 2-bedroom, 2-bath units. Each unit includes a refrigerator, stove, and microwave, providing added convenience for tenants. Built just 2 years ago, this newer construction offers modern finishes, low maintenance, and an excellent opportunity for investors seeking a quality, income-producing asset in one of McAllen's fastest-growing areas.

1201 E Iris Avenue, Mcallen
$850,000
509870 MLS ⋅ La Hacienda Estates SubDv. ⋅ ACTIVE Status
Excellent value-add investment opportunity in the heart of McAllen, TX. This 12-unit multifamily property consists of four, 3-plex buildings and is currently cash-flowing with all appliances included, making it a turnkey asset. With minimal improvements, investors can unlock higher rental rates and increased returns, enhancing an already strong income stream. All units are 1 bedroom / 1 bathroom and are approx. 625 square feet and come with one parking spot. The property is centrally located near schools, businesses, and major commercial corridors. This property can be purchased as 12 units or together with a neighboring property (same owner) to total 18 units - ideal for investors seeking strong cash flow with upside potential.

2709 & 2713 N 30th Street, Mcallen
$1,199,000
509872 MLS ⋅ La Hacienda Estates SubDv. ⋅ ACTIVE Status
Excellent value-add investment opportunity in the heart of McAllen, TX. This 18-unit multifamily property consists of six, 3-plex buildings and is currently cash-flowing with all appliances included, making it a turnkey asset. With minimal improvements, investors can unlock higher rental rates and increased returns, enhancing an already strong income stream with gross annual income potential to exceed $156,000. All units are 1 bed / 1 bath and range from 625 – 700 square feet. Situated on corner lots with 18+ parking spaces, the property is centrally located near schools, businesses, and major commercial corridors. Ideal for investors seeking strong cash flow with upside potential.

2709, 2713 & 2800 N 30th Street, Mcallen
$450,000
509865 MLS ⋅ La Hacienda Estates SubDv. ⋅ ACTIVE Status
Excellent value-add investment opportunity in the heart of McAllen, TX. This 6-unit multifamily property consists of two, 3-plex buildings and is currently cash-flowing with all appliances included, making it a turnkey asset. With minimal improvements, investors can unlock higher rental rates and increased returns, enhancing an already strong income stream. All units are 1 bedroom / 1 bathroom and are approx. 700 square feet and come with one parking spot. The property is centrally located near schools, businesses, and major commercial corridors. This property can be purchased as 6 units or together with neighboring properties (same owner) to total 12 or 18 units - ideal for investors seeking strong cash flow with upside potential

2800 N 30th Street, Mcallen
$355,000
509429 MLS ⋅ Hammond Addition SubDv. ⋅ ACTIVE Status
Brand-New Investment Opportunity in the Heart of Downtown McAllen! This newly constructed duplex is minutes from the McAllen Courthouse, Expressway, shopping, and dining. Each unit offers two bedrooms and two full bathrooms, with a modern open layout and all appliances included. The property is fully fenced for added privacy and security. Take Advantage of this House Hack Opportunity: This Duplex Qualifies for Traditional FHA Loan, which means you can live in one unit while renting the other to help offset your mortgage payment. Investors can also ask about DSCR and other financing options, making it easier for investors to qualify based on the property’s income potential, rather than personal income. Whether you’re growing your portfolio or looking to live in one unit while renting the other, this location and quality speak for themselves. Book your showing today!

2020 Cedar Avenue, Mcallen
$520,000
509409 MLS ⋅ North Park On 107 Subdivision SubDv. ⋅ ACTIVE Status
Excellent investment opportunity in a prime McAllen location! This brand-new 4-plex is situated on Highway 107 between 23rd and 29th, just minutes from UTRGV, Trenton shopping centers, grocery stores, restaurants, and major retail. The property features two 2-bedroom, 2-bath units and two 3-bedroom, 2-bath units, all thoughtfully designed with modern finishes and complete appliance packages, making them highly appealing to tenants. Currently, one 2-bedroom unit is leased for $1,200/month and one 3-bedroom unit is leased for $1,300/month, providing immediate rental income while leaving two units available for additional cash flow or owner occupancy. Each unit has its own separate water and electric meter, helping minimize owner expenses and simplify property management. Whether you're expanding your investment portfolio or purchasing your first multifamily property, this new construction offers strong income potential in one of McAllen's most desirable rental markets.

11312 N 25th Street, Mcallen
$525,000
509144 MLS ⋅ North Park On 107 Subdivision SubDv. ⋅ ACTIVE Status
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 !

11401 25th Street, Mcallen
$485,000
509090 MLS ⋅ Shary Landing SubDv. ⋅ ACTIVE Status
Fully remodeled four-unit apartment complex offering an excellent investment opportunity in a prime McAllen location. This turnkey property has been extensively updated throughout, featuring new HVAC systems, a new roof, new flooring, fresh interior and exterior paint, updated kitchens and bathrooms, new appliances, new toilets, modern fixtures, and numerous additional improvements designed to minimize maintenance and maximize tenant appeal. Each unit offers a functional layout with updated finishes, making this property ideal for attracting quality tenants and supporting strong rental demand. Conveniently located near shopping, restaurants, schools, medical facilities, and major roadways, this income-producing asset is well positioned for both immediate cash flow and long-term appreciation. Whether you're expanding your investment portfolio or seeking a fully renovated multifamily property, this exceptional fourplex is ready for its next owner.

412 S 49th Street, Mcallen
$299,999
4 Beds ⋅ 3 Baths ⋅ 509051 MLS ⋅ Townhomes Of Los Alegres #1 SubDv. ⋅ ACTIVE Status
Space, style, and location come together in this two-story townhome in McAllen. Downstairs features an open-concept living and dining area, a private kitchen with sliding glass door access, and two bonus rooms, offering versatile space for family, work, or entertaining. Upstairs, you’ll find a master suite and a mini-master, each with full bathrooms, oversized walk-in closets, abundant counter space, and full-length mirrors. The master suite also includes a private balcony for relaxing outdoors. Additional highlights include a covered patio, two-car garage, brick exterior, and multiple built-ins throughout. Timeless bathrooms, elegant finishes, travertine tile, and decorative crown molding enhance the sophisticated design. Located minutes from La Plaza Mall, McAllen International Airport, major hospitals, dining, shopping, and main roads, this home combines nearly 3,000 sq. ft. of living space with comfort, convenience, and style.

2036 S 5th Street Unit #8, Mcallen
$500,000
508747 MLS ⋅ Sunrise Terrace SubDv. ⋅ ACTIVE Status
Great investment property. This fourplex is fully rented with an open-concept layout. Each unit includes 2 bedrooms, 2.5 bathrooms, and abundant storage with large closets. All appliances are included, along with washer and dryer hookups. Private patios, plus front access and two carport spaces per unit located at the rear. Excellent location near schools, shopping centers, and restaurants. The community features a gated entrance.

1325 E Daffodil Avenue, Mcallen
$500,000
508739 MLS ⋅ Sunrise Terrace SubDv. ⋅ ACTIVE Status
Excellent investment property! This fourplex is fully leased and features an open-concept layout. Each unit offers 2 bedrooms, 2.5 baths, generous storage with large closets, and includes all appliances plus in-unit washer and dryer. Private patios and two-carport spaces per unit (located at the rear) add convenience. Prime location near schools, shopping centers, and dining options. The community includes a gated entrance.

1308 E Camellia Avenue, Mcallen
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