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Preforeclosure Homes in Mcallen, TX

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Mcallen, TX Foreclosures

How much do homes sell for in Mcallen, TX?
The average home price is currently $261,985.
In Mcallen, TX, how many homes are available?
There are currently 49 active home listings available in Mcallen.
What’s the average rental cost in Mcallen, TX?
The average rental price in Mcallen is $1,366.
What is the most expensive home in Mcallen?
The most expensive home sold in Mcallen had a price of $14,499,171.
What is currently the cheapest priced home in Mcallen, TX?
The cheapest home for sale in Mcallen is priced at $16,349.

Living in Mcallen, TX

McAllen, TX is a bustling city in the Rio Grande Valley, known for its strong economy, cultural diversity, and family-friendly atmosphere. With a variety of amenities, parks, and schools, McAllen is an ideal place for families and young professionals alike. The area boasts a relatively low cost of living paired with a warm climate, making it an attractive destination for both residents and tourists.

Current Market Conditions in Mcallen, TX

The real estate market in McAllen is currently thriving, showing a stable increase in property values over the past few years. With an influx of new developments, there is a growing demand for both residential and commercial properties. It’s becoming increasingly attractive for investors, as rental rates also see a climb due to high demand.

Home Value Estimator For Mcallen, TX

There are currently 42,332 real estate properties in Mcallen, TX, with a median automated valuation model (AVM) price of $223,018.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mcallen, TX, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Mcallen, TX, is $261,985.00, with the most expensive house in Mcallen, TX, topping out at $14,499,171.00 and the cheapest home in Mcallen, TX, clocking in at $16,349.00. In other words, there’s something for every potential homebuyer or savvy investor in Mcallen, TX!

Rent Prices In Mcallen, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mcallen, TX, is on a rollercoaster ride. The average rent price in Mcallen, TX, is $1,366.00. Indeed, when looking to rent in Mcallen, TX, you can expect to pay as little as $450.00 or as much as $3,440.00, with the average rent median estimated to be $1,280.00. The good news is that finding an affordable and desirable property to rent in Mcallen, TX -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Mcallen, TX Preforeclosure Homes


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