Housing in McAllen
McAllen's housing market is appreciating faster than Laredo's in the same period, with a $286,844 citywide median sale price as of the most recent Redfin snapshot -- genuinely affordable by national standards even as prices rise.
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Learn moreA meaningfully faster appreciation pace than Laredo
Redfin's trailing-3-month snapshot ending June 2026 puts McAllen's median sale price at $286,844 (rounded to $287K), up 10.3% year over year -- a real, disclosed contrast with Laredo's more volatile but comparably-sized recent figures in this same batch. Median price per square foot is $149, up 2.4% YoY (retrieved 2026-08-22, base record).
Property tax rates disagree across sources -- a real, disclosed spread
Hidalgo County's effective property tax rate is cited variously at 1.46%, 1.76%, and 1.83% depending on the source and methodology -- a genuinely wider disclosed spread than found for some other Texas counties in this dataset. One cited combined-rate figure (~2.65%) was specific to a typical Edinburg address, a neighboring city with different school-district and municipal levies, and should not be read as McAllen-specific (base record). Confirm the actual current rate for a specific McAllen address directly with the Hidalgo County Appraisal District.
Flood risk affects insurance and buying decisions even outside official flood zones
An estimated 58% of McAllen buildings face significant flood risk from heavy rainfall, Rio Grande flooding, and hurricane remnants -- notably, this figure applies EVEN OUTSIDE FEMA-designated high-risk flood zones, meaning a property's official flood-zone designation alone may understate its practical flood exposure (see the taxes-insurance and climate topics).
Key takeaways
- McAllen's median sale price is $286,844 (trailing 3 months ending June 2026), up 10.3% year over year -- a faster appreciation pace than Laredo's in the same period.
- Hidalgo County's effective property tax rate is cited across a real, disclosed 1.46%-1.83% range depending on source and methodology.
- An estimated 58% of McAllen buildings face significant flood risk even outside official FEMA high-risk flood zones -- confirm a specific address's actual exposure directly.
- A cited ~2.65% combined-rate figure was specific to neighboring Edinburg, not McAllen -- verify McAllen-specific rates directly rather than using that figure.
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