House Flipping Report
Neighborhood Data
Mcallen, TX 78501
Print
Successfully flipping a house depends on a number of different factors including population growth, increasing housing prices and cheap houses for sale. We are analyzing thousands of data points for Mcallen, TX . If these factors exist, there is a good chance that a successful flip is possible.
By looking at recent sales data in Hidalgo County , we've been able to rank it against its peer counties within Texas. To provide an even fuller picture, we also ranked Texas against all other US states.
Region
Rank in # of Flips
Rank in Flip Profit
Texas
#3rd in US
#49th in US
Hidalgo County
#11th in TX
#41st in TX
Number of Flips: We identify house flips as houses that are bought and sold within 12 months excluding forclosures, REOs and multi-parcel sales.
Flip Profit: The profit is the gross margin calculated by subtracting the original purchase price from the new resale price.
Latest Median Sale Price
$ 195,000
0.03% YoY Change
Latest Monthly Sales Count
List Price /sqft
$97
0.01% from last quarter
Reduced Listings /Month
16
even from last quarter
Average Home Sqft
$2,202
0.01% from last year
In order to successfully flip houses, you need the population of the area to be trending northward, which appears to be the case with Hidalgo County . This is a good sign that flipping a house here will be successful.
Region
Population
Change YoY
Rank
Texas
28,701,845
1.34%
#2nd in US
Hidalgo County
865,939
0.89%
#7th in TX
78501
61,219
#32nd in TX
FlipMarket is the industry standard for providing you the exact data needed to see if flipping a house will be successful. To find properties for sale that may fit your budget and be house flipping candidates, check this list of popular searches.
Array
(
[zip_id] => 37392
[country] => USA
[zip] => 78501
[city] => Mcallen
[state] => Texas
[state_abbr] => TX
[county] => Hidalgo
[dma] => 636
[latitude] => 26.2147
[longitude] => -98.2393
[timezone] => -6
[timezone_dst] => 1
[dttm] => 2019-09-30
[postal_code] => 78501
[zip_name] => mcallen, tx
[flag] => *
[median_listing_price] => 213050
[median_listing_price_mm] => 0.0703
[median_listing_price_yy] =>
[active_listing_count] => 123
[active_listing_count_mm] => 0.0165
[active_listing_count_yy] =>
[median_days_on_market] => 93.5
[median_days_on_market_mm] => 0.0747
[median_days_on_market_yy] =>
[new_listing_count] => 16
[new_listing_count_mm] => -0.5
[new_listing_count_yy] => -0.3333
[price_increased_count] => 0
[price_increased_count_mm] =>
[price_increased_count_yy] =>
[price_reduced_count] => 16
[price_reduced_count_mm] => 0
[price_reduced_count_yy] => 1
[pending_listing_count] => 0
[pending_listing_count_mm] =>
[pending_listing_count_yy] =>
[median_listing_price_per_square_feet] => 97
[median_listing_price_per_square_feet_mm] => 0.0107
[median_listing_price_per_square_feet_yy] => 0.0367
[median_square_feet] => 2202
[median_square_feet_mm] => 0.018
[median_square_feet_yy] => 0.0138
[average_listing_price] => 235636
[average_listing_price_mm] => 0.0209
[average_listing_price_yy] => 0.0118
[total_listing_count] => 123
[total_listing_count_mm] => 0.0165
[total_listing_count_yy] => 0
[pending_ratio_mm] => 0
[pending_ratio_yy] => 0
[RegionID] => 92474
[RegionName] => 78501
[State] => TX
[Metro] => McAllen-Edinburg-Mission
[County] => Hidalgo County
[City] => McAllen
[SizeRank] => 342
[Zhvi] => 118100
[MoM] => 0.00254669
[QoQ] => 0.0111301
[YoY] => 0.0287456
[5Year] => 0.0627873
[10Year] => 0.0357737
[PeakMonth] => 2019-09
[PeakQuarter] => 2019-Q3
[PeakZHVI] => 118100
[PctFallFromPeak] => 0
[LastTimeAtCurrZHVI] => 2019-09
[flips] => 19102
[purchase_price] => 179358
[resale_price] => 214954
[gross_margin] => 35596
[flipcount_rank] => 3
[flipmargin_rank] => 49
[counties] => 254
[zip_population] => 61219
[zip_rank] => 32
[state_population] => 28701845
[state_rank] => 2
[state_difference] => 1.338600
[list_prices] => "130750,139000,137500,138750,135250,137750,138750,134950,129900,132900,132750,138500,136750,135000,139000,136950,139000,139450,134900,139900,148900,134900,129900,133450,135000,128000,124900,126000,134000,144275,139900,137950,139250,130250,121500,117000,119000,130000,123500,129450,133750,139000,149000,149900,137500,144000,134950,142500,146450,149900,154450,159000,149450,149900,145000,144950,139250,135950,145900,141250,148997.5,148995,139500,139900,150000,157000,160000,184000,175000,160000,160000,159993,150000,150000,159500,162000,160000,165000,169450,169700,169700,169400,169900,169900,169200,166000,165000,155000,160000,169900,180000,175000,178000,175000,179500,180000,180000,169900,169450,183200,175000,179800,175000,172000,189750,188000,189000,188000,184500,188000,185000,184000,181250,188000,184950,179000,189450,189900,185000,195000"
[list_prices_exploded] => Array
(
[0] => 130750
[1] => 139000
[2] => 137500
[3] => 138750
[4] => 135250
[5] => 137750
[6] => 138750
[7] => 134950
[8] => 129900
[9] => 132900
[10] => 132750
[11] => 138500
[12] => 136750
[13] => 135000
[14] => 139000
[15] => 136950
[16] => 139000
[17] => 139450
[18] => 134900
[19] => 139900
[20] => 148900
[21] => 134900
[22] => 129900
[23] => 133450
[24] => 135000
[25] => 128000
[26] => 124900
[27] => 126000
[28] => 134000
[29] => 144275
[30] => 139900
[31] => 137950
[32] => 139250
[33] => 130250
[34] => 121500
[35] => 117000
[36] => 119000
[37] => 130000
[38] => 123500
[39] => 129450
[40] => 133750
[41] => 139000
[42] => 149000
[43] => 149900
[44] => 137500
[45] => 144000
[46] => 134950
[47] => 142500
[48] => 146450
[49] => 149900
[50] => 154450
[51] => 159000
[52] => 149450
[53] => 149900
[54] => 145000
[55] => 144950
[56] => 139250
[57] => 135950
[58] => 145900
[59] => 141250
[60] => 148997.5
[61] => 148995
[62] => 139500
[63] => 139900
[64] => 150000
[65] => 157000
[66] => 160000
[67] => 184000
[68] => 175000
[69] => 160000
[70] => 160000
[71] => 159993
[72] => 150000
[73] => 150000
[74] => 159500
[75] => 162000
[76] => 160000
[77] => 165000
[78] => 169450
[79] => 169700
[80] => 169700
[81] => 169400
[82] => 169900
[83] => 169900
[84] => 169200
[85] => 166000
[86] => 165000
[87] => 155000
[88] => 160000
[89] => 169900
[90] => 180000
[91] => 175000
[92] => 178000
[93] => 175000
[94] => 179500
[95] => 180000
[96] => 180000
[97] => 169900
[98] => 169450
[99] => 183200
[100] => 175000
[101] => 179800
[102] => 175000
[103] => 172000
[104] => 189750
[105] => 188000
[106] => 189000
[107] => 188000
[108] => 184500
[109] => 188000
[110] => 185000
[111] => 184000
[112] => 181250
[113] => 188000
[114] => 184950
[115] => 179000
[116] => 189450
[117] => 189900
[118] => 185000
[119] => 195000
)
)
Array
(
[county_name] => Hidalgo
[state] => Texas
[state_fips] => 48
[county_fips] => 48215
[dma] => 636
[metro_name] => Edinburg, TX
[cbsa_name] => McAllen-Edinburg-Mission, TX
[county_region_id_zillow] => 1776
[metro_region_id_zillow] => 394843
[fips] => 48215
[cbsa_code] => 32580
[population_prior] => 858323
[population] => 865939
[rank] => 7
[difference] => 0.887311653
[region_id] => 1776
[sale_counts] => "528,489,436,450,450,457,438,449,421,415,429,495,533,527,500,485,500,498,516,496,514,499,494,514,552,581,556,538,513,509,486,466,478,489,497,557,572,563,487,462,476,497,493,494,493,499,443,466,470,496,462,462,505,518,506,506,476,480,500,552,567,561,546,532,520,490,510,519,534,511,496,484,518,544,568,556,562,539,551,516,539,561,595,594,573,545,521,530,554,489,489,498,588,605,587,599,581,590,564,579,582,619,609,601,608,587,603,579,596,547,545,529,561,571,566,580,590,606,621,615,617,648,671,684,646,635,608,620,586,566,536,498,465,420,422,426,447,464,462,456,454,"
[county] => Hidalgo
[flips] => 349
[purchase_price] => 68925
[resale_price] => 118563
[gross_margin] => 49638
[flipcount_rank] => 11
[flipmargin_rank] => 41
[sale_counts_exploded] => Array
(
[0] => 528
[1] => 489
[2] => 436
[3] => 450
[4] => 450
[5] => 457
[6] => 438
[7] => 449
[8] => 421
[9] => 415
[10] => 429
[11] => 495
[12] => 533
[13] => 527
[14] => 500
[15] => 485
[16] => 500
[17] => 498
[18] => 516
[19] => 496
[20] => 514
[21] => 499
[22] => 494
[23] => 514
[24] => 552
[25] => 581
[26] => 556
[27] => 538
[28] => 513
[29] => 509
[30] => 486
[31] => 466
[32] => 478
[33] => 489
[34] => 497
[35] => 557
[36] => 572
[37] => 563
[38] => 487
[39] => 462
[40] => 476
[41] => 497
[42] => 493
[43] => 494
[44] => 493
[45] => 499
[46] => 443
[47] => 466
[48] => 470
[49] => 496
[50] => 462
[51] => 462
[52] => 505
[53] => 518
[54] => 506
[55] => 506
[56] => 476
[57] => 480
[58] => 500
[59] => 552
[60] => 567
[61] => 561
[62] => 546
[63] => 532
[64] => 520
[65] => 490
[66] => 510
[67] => 519
[68] => 534
[69] => 511
[70] => 496
[71] => 484
[72] => 518
[73] => 544
[74] => 568
[75] => 556
[76] => 562
[77] => 539
[78] => 551
[79] => 516
[80] => 539
[81] => 561
[82] => 595
[83] => 594
[84] => 573
[85] => 545
[86] => 521
[87] => 530
[88] => 554
[89] => 489
[90] => 489
[91] => 498
[92] => 588
[93] => 605
[94] => 587
[95] => 599
[96] => 581
[97] => 590
[98] => 564
[99] => 579
[100] => 582
[101] => 619
[102] => 609
[103] => 601
[104] => 608
[105] => 587
[106] => 603
[107] => 579
[108] => 596
[109] => 547
[110] => 545
[111] => 529
[112] => 561
[113] => 571
[114] => 566
[115] => 580
[116] => 590
[117] => 606
[118] => 621
[119] => 615
[120] => 617
[121] => 648
[122] => 671
[123] => 684
[124] => 646
[125] => 635
[126] => 608
[127] => 620
[128] => 586
[129] => 566
[130] => 536
[131] => 498
[132] => 465
[133] => 420
[134] => 422
[135] => 426
[136] => 447
[137] => 464
[138] => 462
[139] => 456
[140] => 454
[141] =>
)
)