Buying In McAllen, TX
Sell Your Commercial Property In McAllen, TX
From North McAllen to Mission, we buy McAllen multifamily and commercial apartment properties of 5+ units in every condition. Owners and agents get a straight answer on fit, usually within two business days.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Where We Look: North McAllen · Edinburg · Mission · Pharr — Hidalgo County, TX
Local Demand
Our View On McAllen
Renters occupy 40.5% of occupied homes in McAllen, Texas, above the 37.4% Texas renter share, per ACS 2020-2024 table B25003. Median gross rent in McAllen is $1,049 a month, against $1,403 statewide. Median household income in McAllen is $61,579.
Owners who want to sell commercial property in McAllen, TX can use this page for Hidalgo County tax rates, HUD rents and Texas landlord rules. Skyline Capital Investments buys 5+ unit apartment buildings from owners near Edinburg, Mission and Pharr.
South Texas Health System McAllen
The McAllen hospital's leadership announcement says it employs more than 1,100 staff members, per the system's own 2025 news release.McAllen International Airport
The airport served a record 1,206,320 travelers in 2024, per the City of McAllen's own January 2025 announcement.UT Rio Grande Valley, Edinburg
UTRGV enrolled 33,881 students in fall 2024, per the UT System's own report; its main campus sits in neighboring Edinburg, not McAllen.Our Buy Box
What We Buy In McAllen
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
McAllen Apartment Market
Figures gathered October 2026 from public market data.
Who rents in McAllen
Renters hold 40.5% of McAllen's 48,905 occupied homes, above the 37.4% Texas renter share, per Census table B25003. McAllen counts 8,904 homes in 5+ unit buildings, 16.1% of its 55,385-unit housing stock, below the 20.8% statewide share, per table B25024.
The median McAllen home was built in 1995, and 25.4% of units predate 1980, per table B25034. That limited supply matters to anyone planning to sell multifamily property in McAllen.
Rents and affordability in McAllen
McAllen's median gross rent was $1,049 a month in ACS 2020-2024, against $1,403 statewide, per table B25064. Some 47.2% of renters pay 30% or more of income on rent, and 26.5% pay half or more, per table B25070. Owners who want to sell commercial property in McAllen, TX should weigh that burden against demand.
| Unit size | HUD FY2027 FMR |
|---|---|
| Efficiency | $801 |
| 1 bedroom | $806 |
| 2 bedroom | $1,017 |
| 3 bedroom | $1,305 |
| 4 bedroom | $1,439 |
These HUD FY2027 fair market rents cover the McAllen-Edinburg-Mission, TX MSA from October 1, 2026, $32 below McAllen's own $1,049 median rent.
Property taxes in Hidalgo County
A $2,000,000 McAllen apartment building would owe about $39,124 a year at a combined $1.956 per $100 of value, combining 2025 rates:
- McAllen ISD, $0.9322: $18,644
- City of McAllen, $0.448989: $8,980
- Hidalgo County, $0.575: $11,500
Texas levies no state property tax and no real estate transfer tax on a sale, per the Texas Comptroller. Hidalgo County charges a $35 first-page recording fee plus $4 for each additional page to file a deed, per the County Clerk's fee schedule. Protests are due May 15 or 30 days after the notice mails. Investors who sell commercial real estate in McAllen, TX still underwrite the full combined rate.
Landlord rules in McAllen
McAllen landlords must refund a security deposit by the 30th day after the tenant surrenders the premises, under Texas Property Code § 92.103. A landlord must give at least three days' written notice to vacate before filing a forcible detainer suit, unless the lease sets a different period, under § 24.005.
McAllen could adopt rent control only after a finding of a disaster-related housing emergency, with the governor's approval, under Local Government Code § 214.902. Owners selling commercial property in McAllen should confirm any lease-specific notice terms before listing.
What it means for a McAllen owner
McAllen pairs a 40.5% renter share with a thin 16.1% 5+ unit supply and rent below the Texas median. To sell commercial property in McAllen, TX on solid numbers, run net income and the Hidalgo County tax bill through our cap rate calculator.
Skyline Capital Investments buys 5+ unit apartment buildings. When you decide to sell your apartment building in McAllen, request a direct offer.
Seller Notes
Selling In McAllen
More about selling in Texas →Investing in McAllen? See apartment syndications in McAllen →
- McAllen ISD's $0.9322 rate makes up 47.7% of the combined $1.956 McAllen tax rate on a typical apartment building.
- HUD's FY2027 two-bedroom FMR of $1,017 runs $32 below the $1,049 McAllen median gross rent.
- When owners sell commercial real estate in McAllen, TX, buyers weigh the 16.1% 5+ unit housing supply against a 47.2% rent burden rate.
Seller Guides
Selling In McAllen? Common Situations We Handle
Learn More
Taxes & Rules For McAllen Property
The Texas rules that shape any deal in McAllen: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
McAllen Seller FAQ
What will property taxes cost if I sell commercial property in McAllen, TX?
Property inside McAllen city limits, McAllen ISD and Hidalgo County carried a combined $1.956 per $100 of value at 2025 rates. A $2,000,000 building would owe about $39,124 a year at that combined rate, per the Texas Comptroller and McAllen ISD's own tax notice.
What is the median rent in McAllen, TX?
Median gross rent in McAllen was $1,049 a month in ACS 2020-2024, against $1,403 for Texas, per Census table B25064. HUD's FY2027 fair market rent for a two-bedroom in the McAllen-Edinburg-Mission, TX MSA is $1,017, effective October 1, 2026.
Is it a good time to sell commercial real estate in McAllen, TX?
McAllen has 8,904 homes in 5+ unit buildings, 16.1% of its housing stock, against 20.8% statewide, per Census table B25024. Buyers weigh that limited supply against 47.2% of renters paying 30% or more of income and a $1.956 combined tax rate.
Does Texas law let McAllen cap rents?
Only in narrow cases. Texas Local Government Code Section 214.902 allows rent control only after a finding of a disaster-related housing emergency, with the governor's approval. McAllen landlords also follow the 30-day security deposit refund rule in Property Code Section 92.103.
Can I get a direct offer on a McAllen apartment building?
Yes. Skyline Capital Investments buys 5+ unit apartment buildings in McAllen and nearby Edinburg, Mission and Pharr. Owners can request a no-obligation direct offer and compare it against a broker listing before deciding how to proceed.
Will you buy a McAllen property that needs work or has high vacancy?
Yes. We regularly evaluate value-add, mismanaged, and distressed multifamily properties and underwrite them as they are today — no repairs or lease-up required before selling.
Do you work with McAllen brokers and agents?
We do. Agents can bring us listed or pocket-listing deals in McAllen, and we keep every conversation confidential.
Who buys occupied rental property in McAllen?
We do. Skyline Capital Investments is a commercial real estate buyer of 5+ unit multifamily, and we buy apartment buildings with tenants in place, including properties with below-market rents.
Do I need a broker to sell my apartment building in McAllen?
No. You can work with us directly, or your broker can bring the deal to us. Either way, conversations stay confidential.
Submit A Deal
Tell Us About Your Property In McAllen
Send the address, unit count, and asking price if you have one. We keep every conversation confidential.
