317 N 28th Street
McAllen, TX 78501
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Bed
0
Bath
7,200Sqft
10,998.90Sqft(Lot)
High-Cashflow 8-Unit Multifamily | Fully Renovated | $80K+ Annual Income Discover this turnkey 8-unit investment property in the heart of McAllen, TX, delivering strong, stable cashflow exceeding $80,000 per year. Each unit offers 2 bedrooms and 1 bathroom, featuring fully renovated interiors with new kitchens, modern flooring, updated showers, and all-new systems throughout — ensuring minimal maintenance and long-term durability. Unit Rents: $850–$975/month Occupancy: 100% leased Parking: 16 dedicated spaces Utilities: Separately metered; tenants pay all utilities The property’s comprehensive exterior and interior renovations give it a clean, modern appeal that attracts and retains quality tenants. With all upgrades complete, this is a true turnkey asset offering immedia
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Flooring Information
Laminate -
Roofing Information
Shingle -
Interior Features
Ceiling Fan(s) Roof: Shingle Appliances: Electric Water Heater, Other -
Heating & Cooling
Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air, Electric
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Building Information
Year Built: 1993 Building Area Total: 7200 Construction Materials: Frame Stories: 1 Private Pool: No -
Exterior Features
Exterior Features: Balcony, None
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Lot Information
Main Square Feet: 10998.9 Square Feet Lot Size Acres: 0.2525 Lot Size Square Feet: 10998.9Property Information
Subdivision: Alaniz Source Property Type: Residential Income Property SubType: Apartment Property Age: 33
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Listing Price Information
Listing Price: $689000 Original Price: $699000
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Tax Information
Parcel Number: A230000000002901 Tax Year: 2024 Annual Tax: $7983
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Parking Information
No Garage
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School Information
Elementary School: AlvarezJunior High School: TravisSenior High School: Memorial H.S. -
Location Information
Direction: Take the i-2 highway and exit on Business 83 highway into N 28th St.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 14032 Westcave Falls Lane, Mcallen, TX, 78501 | $272,500 | 4 | 3 | 1,537 | 12,047.82 Sqft |
| 2300 N J Street, Mcallen, TX, 78501 | $259,000 | 3 | 2 | 1,496 | 8,664.08 Sqft |
| 3808 N Cynthia Street, Mcallen, TX, 78501 | $340,000 | 3 | 3 | 2,695 | 8,880.14 Sqft |
| 520 W Upas Avenue, Mcallen, TX, 78501 | $195,000 | 4 | 3 | 2,000 | 7,849.95 Sqft |
| 143 W Hibiscus Avenue, Mcallen, TX, 78501 | $214,900 | 3 | 2 | 1,718 | 8,319.96 Sqft |
| 131 E Hibiscus Avenue, Mcallen, TX, 78501 | $305,000 | 4 | 3 | 2,066 | 9,878.97 Sqft |
| 113 E Hibiscus Avenue, Mcallen, TX, 78501 | $380,000 | 3 | 3 | 2,126 | 9,879.84 Sqft |
| 100 W Iris Avenue, Mcallen, TX, 78501 | $305,000 | 3 | 3 | 2,021 | 11,308.18 Sqft |
| 904 E Ithaca Avenue, Mcallen, TX, 78501 | $429,000 | 5 | 5 | 3,687 | 14,248.04 Sqft |
| 101 W Camellia Avenue, Mcallen, TX, 78501 | $267,000 | 3 | 3 | 1,450 | 7,078.94 Sqft |
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The data relating to real estate for sale on this website 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.
ByOwner last updated this listing 09/13/2026 @ 08:22
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