McAllen-Edinburg-Mission, TX

McAllen-Edinburg-Mission, TX real estate market: appreciation, rent growth, cap rate, IRR, and property taxes.

Appreciation
: 3.2%/yr.
Rent growth
: 3.1%/yr.
Median cap rate
: 4.4%.
Median IRR
: 5.5%.
Median rental home value
: $228,100.
Median rental rate
: $957/mo.
Median property tax
: $2,279/yr.

Sources: FHFA House Price Index®, U.S. Census Bureau ACS 5-year estimates, and Rescover analysis of public single-family listings, updated October 2026.

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