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317 N 28th Street McAllen, TX $ 729,999
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$ 729,999 Get more info
317 N 28th Street
$ 729,999
Back to search
Share Save

317 N 28th Street

McAllen, TX, 78501
$ 729,999
Bedrooms8 Baths8.0 Sq 7,200

Monthly Estimate*

$ 4,554

317 N 28th Street, McAllen, TX 78501 - Image 1
317 N 28th Street, McAllen, TX 78501 - Image 2
317 N 28th Street, McAllen, TX 78501 - Image 3
317 N 28th Street, McAllen, TX 78501 - Image 4
317 N 28th Street, McAllen, TX 78501 - Image 5

Multi-Family Home for sale in McAllen, TX

for $729,999 with 8 bedrooms and 8 full baths. This 7,200 square foot home was built in 1993 on a lot size of 0.2525.

High-Cashflow 8-Unit Multifamily | Fully Renovated | $80K+ Annual Income Discover this turnkey 8-unit investment property in the heart of McAllen, TX, delivering strong, stable cashflow exceeding $80,000 per year. Each unit offers 2 bedrooms and 1 bathroom, featuring fully renovated interiors with new kitchens, modern flooring, updated showers, and all-new systems throughout — ensuring minimal maintenance and long-term durability. Unit Rents: $850–$975/month Occupancy: 100% leased Parking: 16 dedicated spaces Utilities: Separately metered; tenants pay all utilities The property’s comprehensive exterior and interior renovations give it a clean, modern appeal that attracts and retains quality tenants. With all upgrades complete, this is a true turnkey asset offering immediate income and long-term appreciation potential. Ideal for investors seeking reliable cashflow, strong yield, and hands-off management in a thriving McAllen rental market.

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Multi-Family Active

Price

$ 729,999

Bedrooms

8

Full Bath

8

Property Type

Multi-Family

Taxes

$ 7,983

Style

Multi Family

Lot Size

0.2525

Year Built

1993

Town/City

McAllen

County/Region

Hidalgo

MLS | Web ID

485728
Features
General
Living Area 7200
Sewer City Sewer
Heating Central Electric
Cooling Central Air Electric
Possession Closing and Funding
Roof Shingle
Appliances Electric Water Heater Other
Garage Spaces 0
Security Features Smoke Detector(s)
Construction Materials Frame/Wood
Year Built 1993
Stories Count 1
Property Subtype Multi Family
Tax Year 2024
Gross Income 80400
Community Features Sidewalks Street Lights
County Hidalgo
Insurance Expense 5000
Property Type Residential Income
HOA No
Energy Efficient Other
MaintenanceExpense 1200
Subdivision Name Alaniz
Garage Y/N No
Other Structures Outbuilding (None)
Status Active
Directions Take the i-2 highway and exit on Business 83 highway into N 28th St.
High School Memorial H.S.
City McAllen
High School District McAllen ISD
Number Of Units Total 8
Lot Size Units Square Feet
Lot Size Square Feet 10998.9
Carport Spaces 16
Carport Y/N Yes
Elementary School Alvarez
Tax Annual Amount 7983
Home Warranty Y/N No
Middle/Junior High School Travis
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District McAllen ISD
Elementary School District McAllen ISD
Year Built Source HCAD
Legal Description ALANIZ LOT 29
Freehold BBO VOW IDX
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Interior
Interior Amenities Ceiling Fan(s) Dryer Split Bedrooms Washer
Flooring Laminate
Air Conditioning Y/N Yes
Heating Y/N Yes
Laundry Features Laundry Area Washer/Dryer Connection
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Exterior
Exterior Amenities Balcony None
Fencing None
Parking Features No Carport No Garage
Total Parking 16
Lot Size Area 10998.9
Foundation Details Slab
Number of Buildings 2
Building Area Total 7200
Lot Dimensions 100x110
Lot Size Acres 0.2525
Road Surface Type Paved
Covered Spaces 16
Number of Separate Water Meters 0
Irrigation Water Rights Y/N No
Pool YN No
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* Excluded Features
List By
Joshua C. Brown

Listing Agent

Capital Advisors Real Estate Group

Broker

jbrown@browngroupintl.com

Email

Affordability Calculator

$5,219
Per Month
87%
13%
0%
Monthly Principal & Interest
$4,554
Monthly Property Taxes
$665
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3057157 Elementary School
3057398 Middle School
Memorial H.S. High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/15/2025$729,999 -0.68% Price Down
11/10/2025$734,999 -1.34% Price Down
11/7/2025$744,999 -1.32% Price Down
11/7/2025$754,999 -1.31% Price Down
10/29/2025$764,999 Listed Price

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317 N 28th Street, McAllen, TX, 78501 is a Multi-Family Home for sale at $729,999 with 7,200 sqft and a lot size of 0.2525. 317 N 28th Street has 8 bedrooms, 8.0 baths, and was built in 1993. The property's zip code is 78501 which is in McAllen, TX

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