$399,000
$20K PRICE DROP

301 N 28th St McAllen, TX 78501

Estimated payment $2,886/month

Total Views 4,911
-- Bed
-- Bath
4,088 Sq Ft
$98 Price per Sq Ft

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Laundry closet
  • Central Heating and Cooling System

About This Home

Fully leased, well kept 4-Plex located at 301 N 28th St, McAllen, Tx. Each of the four units features 3 Bedrooms and 2 Bathrooms, rented at $950 per month and generating a total monthly income of $3,800. This property offers a steady cash flow and a strong investment opportunity in a high demand rental market. Conveniently situated near great schools, shopping and dining centers, and major roadways, this multifamily property is perfect for seasoned investors or first-time homebuyers looking to live in one unit and generate monthly income from the other units.

Listing Agent

Daniel Dean

Dean & Co. Realty Listed on: 01/23/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,538

Year Built

  • Built in 2003

Lot Details

  • 0.25 Acre Lot
  • Chain Link Fence

Parking

  • No Garage

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 4,088 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Laundry closet

Schools

  • Thigpen-Zavala Elementary School
  • Travis Middle School
  • Mcallen High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number A230000000002800

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Alaniz Subdivision

Building Details

  • Gross Income $3,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,538

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Directions: 301 N 28th St McAllen
  • Year Built: 2003
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2525
  • Road Surface Type: Paved
  • Subdivision Name: Alaniz
  • Carport Y N: No
  • Garage Yn: No
  • Efficiency: Other
  • Building Stories: 1
  • GMAR_Escrow: 4000
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Other
  • Flooring: Tile
  • Living Area: 4088

Exterior Features

  • Exterior Features: Other
  • Interior Amenities: Other
  • Fencing: Chain Link
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Parking Features: No Carport, No Garage

Utilities

  • Laundry Features: Laundry Closet
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Elementary School: Thigpen-Zavala
  • High School: McAllen H.S.
  • Junior High Dist: McAllen ISD
  • Middle Or Junior School: Travis

Lot Info

  • Lot Size Sq Ft: 10998.9
  • Parcel #: A230000000002800

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8538

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 4
  • Annual Gross Income: 3800

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 $8,511 $362,913 $84,150 $278,763
2023 $8,614 $366,139 $84,150 $281,989
2022 $6,670 $268,969 $55,000 $213,969
2021 $6,172 $241,609 $55,000 $186,609
2020 $6,217 $243,687 $55,000 $188,687
2019 $5,707 $225,000 $55,000 $170,000
2018 $5,677 $223,452 $44,000 $179,452
2017 $5,499 $215,614 $44,000 $171,614
2016 $5,047 $197,878 $44,000 $153,878
2015 $4,409 $170,795 $44,000 $126,795
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Price Changed $399,000 -2.4% $98 / Sq Ft
04/30/2025 04/30/25 Price Changed $409,000 -0.7% $100 / Sq Ft
03/09/2025 03/09/25 Price Changed $412,000 -0.7% $101 / Sq Ft
02/17/2025 02/17/25 Price Changed $415,000 -1.0% $102 / Sq Ft
01/23/2025 01/23/25 For Sale $419,000 -- $102 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Vendors Lien -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $149,520 Commercial
Source: Public Records

Source: Greater McAllen Association of REALTORS®

MLS Number: 459693

Greater McAllen Association of REALTORS®

APN: A2300-00-000-0028-00

Texas Hidalgo County McAllen 78501

301 N 28th St, McAllen, TX

This home is located at 301 N 28th St, McAllen, TX 78501 and is currently priced at $399,000, approximately $97 per square foot. This property was built in 2003. 301 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.

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.

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Listing Agent
Daniel Dean
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Dean & Co. Realty