$279,900

225 N 28th St McAllen, TX 78501

Estimated payment $1,801/month

Total Views 2,515
-- Bed
-- Bath
2,838 Sq Ft
$99 Price per Sq Ft

Highlights

  • No HOA
  • Slab Porch or Patio
  • Tile Flooring
  • Window Unit Cooling System
  • Laundry closet
  • Ceiling Fan

About This Home

Investors, landlords, and savvy buyers—take note of this exceptional opportunity to own a fourplex in a great location in McAllen. Ideally situated just minutes from South Texas College and the McAllen Convention Center, this multifamily property offers both convenience and long-term potential in a rapidly growing area of the Rio Grande Valley.This four-unit property is the perfect blend of location, value, and income potential. A plus being that 2 of the units have been remodeled already. Whether you're a seasoned investor or looking to make your first leap into real estate, this is a strong addition to any portfolio.

Listing Agent

Jason Arriaga

Dolce Vita Realty Listed on: 05/22/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,010

Year Built

  • Built in 1983

Lot Details

  • 5,502 Sq Ft Lot
  • Chain Link Fence

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,838 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector
  • Stove
  • Laundry closet

Outdoor Features

  • Slab Porch or Patio

Schools

  • Alvarez Elementary School
  • Lincoln Middle School
  • Rowe High School

Utilities

  • Window Unit Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number A230000000002700

Community Details

Overview

  • No Home Owners Association
  • Alaniz Subdivision

Building Details

  • Insurance Expense $3,484
  • Maintenance Expense $4,000
  • Gross Income $26,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,010

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Directions: from the expressway in McAllen, Head north on 29th St , after business 83, turn right onto Ash Ave and then Turn left onto N 28th St, Destination will be on the left
  • Year Built: 1983
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1263
  • Road Surface Type: Paved
  • Subdivision Name: Alaniz
  • Carport Y N: No
  • Garage Yn: No
  • Efficiency: None
  • Building Stories: 2
  • GMAR_Escrow: 2800
  • Special Features: None
  • Stories: 2

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Refrigerator, Stove/Range
  • Flooring: Tile
  • Living Area: 2838

Exterior Features

  • Interior Amenities: Ceiling Fan(s)
  • Fencing: Chain Link
  • Lot Features: Alley
  • Home Warranty: No
  • Construction Type: Brick, Stucco, Wood Siding
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Patio Slab
  • Pool YN: No

Garage/Parking

  • Parking Features: Other Garage or Carport

Utilities

  • Laundry Features: Laundry Area
  • Security: Smoke Detector(s)
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Elementary School: Alvarez
  • High School: Rowe H.S.
  • Junior High Dist: McAllen ISD
  • Middle Or Junior School: Lincoln

Lot Info

  • Lot Size Sq Ft: 5502.0636
  • Parcel #: A230000000002700
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 1

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3010

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 4
  • Annual Gross Income: 26000
  • Insurance Expense: 3484

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,921 $213,110 $42,075 $171,035
2023 $4,114 $174,852 $42,075 $132,777
2022 $3,260 $131,475 $30,250 $101,225
2021 $2,991 $117,068 $30,250 $86,818
2020 $3,006 $117,837 $30,250 $87,587
2019 $3,058 $120,567 $30,250 $90,317
2018 $2,807 $110,501 $24,200 $86,301
2017 $2,864 $112,289 $24,200 $88,089
2016 $1,839 $72,097 $24,200 $47,897
2015 $1,595 $65,252 $24,200 $41,052
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 For Sale $279,900 +33.3% $99 / Sq Ft
04/25/2022 04/25/22 Sold -- -- --
02/25/2022 02/25/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $210,000 +90.9% $74 / Sq Ft
11/02/2015 11/02/15 Sold -- -- --
10/19/2015 10/19/15 Pending -- -- --
10/12/2015 10/12/15 For Sale $110,000 -- $13 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed -- New Title Company Name
Warranty Deed -- Sierra Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $171,700 New Conventional
Source: Public Records

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Source: Greater McAllen Association of REALTORS®

MLS Number: 469074

Greater McAllen Association of REALTORS®

APN: A2300-00-000-0027-00

Texas Hidalgo County McAllen 78501

225 N 28th St, McAllen, TX

This home is located at 225 N 28th St, McAllen, TX 78501 and is currently priced at $279,900, approximately $98 per square foot. This property was built in 1983. 225 N 28th St is a home located in Hidalgo County with nearby schools including Alvarez Elementary School, De Leon Middle School, and Rowe High School.

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Greater McAllen Association of REALTORS® The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Greater McAllen Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Nearby Homes
Jason Arriaga
Listing Agent
Jason Arriaga
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Dolce Vita Realty
(956) 420-8401