301 North 28th Street

McAllen, TX 78501

$425,000
Price
Beds
4,088 Sq. Ft.
$104 / Sq. Ft.
4,088
Sq. Ft.
$104
per Sq. Ft.

Description

Fully leased 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, 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 schools, shopping, dining, and major highways, it’s perfect for investors or first-time homebuyers looking to live in one unit while generating income from the others.Fully leased 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, 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 schools, shopping, dining, and major highways, it’s perfect for investors or first-time homebuyers looking to live in one unit while generating income from the others.
  1. Listed by Marcelino Gonzalez • TREC #801071298 • Exp Realty Llc

Property Details for 301 North 28th Street

Community Features
Other
Subdivision Name
Alaniz
LISTING UPDATED: 12/01/2024 12:09 AM

Property Details for 301 North 28th Street

StatusActive
MLS #455841
Days on Market3
Taxes$8,538 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built2003
Lot Size0.25 AC / 10,998 SF
CountyHidalgo County

Building Information for 301 North 28th Street

Stories1Residences4Year Built2003Building Size-Lot Size0.25 AC / 10,998 SF

Property Information for 301 North 28th Street

Summary
Location and General Information
  • Directions: From expressway turn North on 29th St, then turn East on ebony ave then turn south on 28th st
  • Road Surface Type: Paved
Parking
  • Carport Spaces: 0.0
  • Carport YN: No
  • Covered Spaces: 0.0
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: No Carport, No Garage
  • Parking Total: 0.0
School Information
  • Elementary School: Adame
  • Elementary School District: McAllen ISD
  • High School: Rowe H.S.
  • High School District: McAllen ISD
  • Middle Or Junior School: Travis
  • Middle Or Junior School District: McAllen ISD
Taxes and HOA
  • Association: No
  • Parcel Number: A230000000002800
  • Tax Annual Amount: $8,538
  • Tax Legal Description: ALANIZ LOT 28
  • Tax Year: 2024
Property
Lot Information
  • Building Area Source: HidalgoCAD
  • Building Area Total: 4088.0
  • Building Area Units: Square Feet
  • Living Area: 4088.0
  • Living Area Source: HidalgoCAD
  • Living Area Units: Square Feet
  • Lot Size Acres: 0.2525
  • Lot Size Area: 10998.9
  • Lot Size Square Feet: 10998.9
  • Lot Size Units: Square Feet
Property and Assessments
  • Year Built: 2003
  • Year Built Source: HCAD
  • Escrow: $4,250.00
Utilities
  • Irrigation Water Rights: No
  • Number Of Separate Water Meters: 4
  • Sewer: City Sewer
Green Features
  • Green Energy Efficient: Other
Mobile Home
Mobile Home Information
  • Home Warranty: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: Other
  • Fencing: Chain Link
  • Pool: No
  • Number Of Buildings: 2
  • Construction Materials: Brick
  • Other Structures: Outbuilding (None)
  • Roof: Shingle
Interior Features
  • Appliances: Electric Water Heater, Other
  • Cooling: Central Air
  • Cooling YN: Yes
  • Flooring: Tile
  • Heating: Central
  • Heating: Yes
  • Interior Features: Other
  • Laundry Features: Laundry Area
  • Foundation Details: Slab
Multi Family
Income & Expenses
  • Gross Income: $45,600.00
  • Insurance Expense: $.00
  • Maintenance Expense: $.00
Multi-Family Information
  • Number Of Units In Community: 2
  • Number Of Units Total: 4
  • Other Expense: $.00

Property History for 301 North 28th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 301 North 28th Street

Taxable ValueLand$84,150Additions$281,989Total$366,139
Tax Record2022$7,323 ($610 / month)
Home Facts
Total Finished SqFt4,088 SqFtAbove Grade Finished SqFt4,088 SqFtStories1Lot Size10,999 SqFtStyleQuadraplexYear Built2003Year Renovated2009ZoningRSCountyHIDALGOAPNA2300-00-000-0028-00

Schools near 301 North 28th Street

This home is within Mcallen Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Alvarez Elementary School
PublicPK to 5

De Leon Middle School
Public6 to 8

Rowe High School
Public9 to 12

Instr/Guid Center
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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301 North 28th Street is a multi-family home for sale in McAllen, TX 78501. This property was listed for sale on December 1, 2024 by Exp Realty Llc, it's currently listed at $425,000. This listing's school district is Mcallen Independent School District. Nearby schools include Alvarez Elementary School, De Leon Middle School and Rowe High School. 301 North 28th Street is a 0-bed, 0-bath, 4,088 sqft multi-family home built in 2003.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Exp Realty Llc

Based on information from one of the following Multiple Listing Services: GMAR MLS, South Texas MLS and Amarillo Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by GMAR MLS, South Texas MLS and Amarillo Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.