$279,900

225 N 28th St McAllen, TX 78501

Estimated payment $1,713/month

Total Views 6,169
-- 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
  • 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

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
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
Source: Public Records

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
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

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

For Sale

MultiFamily

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.

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.

Information deemed reliable but not guaranteed.

Copyright 2025 Greater McAllen Association of Realtors. All rights reserved.

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