225 N 28th St McAllen, TX 78501
Estimated payment $1,689/month
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.
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
Map
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 |
|---|---|---|---|---|
| 2025 | $4,921 | $228,993 | $66,000 | $162,993 |
| 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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/22/2025 05/22/25 | For Sale | $279,900 | +33.3% | $99 / Sq Ft | |
| 04/25/2022 04/25/22 | Sold | -- | -- | -- | View Prior Sale |
| 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 | -- | -- | -- | View Prior Sale |
| 10/19/2015 10/19/15 | Pending | -- | -- | -- | |
| 10/12/2015 10/12/15 | For Sale | $110,000 | -- | $13 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | New Title Company Name | |
| Warranty Deed | -- | Sierra Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $171,700 | New Conventional |
Source: Greater McAllen Association of REALTORS®
MLS Number: 469074
APN: A2300-00-000-0027-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
Information deemed reliable but not guaranteed.
Copyright 2026 Greater McAllen Association of Realtors. All rights reserved.
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Ask me questions while you tour the home.