$729,999

317 N 28th Street, Mcallen, TX 78501

  • 7,200 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1993
  • Property Lot Size Icon0.25acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $101/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

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 immediate income and long-term appreciation potential. Ideal for investors seeking reliable cashflow, strong yield, and hands-off management in a thriving McAllen rental market.

Listing Status:
Active
Listing Office:
Capital Advisors Real Estate Group : 956-240-3954
Listing Agent:
Joshua C. Brown : 956-240-3954
MLS ID:
485728
  • General: Ceiling Fan(s)DryerSplit BedroomsWasher
  • Appliances: Electric Water HeaterOther
  • Laundry: Laundry AreaWasher/Dryer Connection
  • Flooring: Laminate
  • A/C: Central AirElectric
  • Heating: CentralElectric
  • Eco/Green Feature: Other
  • General: BalconyNoneOutbuilding (None)
  • Parking: No CarportNo Garage
  • Roofing: Shingle
  • General: Frame/Wood1Slab
  • Road/Access: Paved
  • Originating MLS: Greater McAllen
  • School District: McAllen ISD
  • County: Hidalgo
  • Zoning: A230000000002901
  • Fencing: None
  • Sewer: City Sewer
  • Source: Greater McAllen

This listing courtesy of Joshua C. Brown, Capital Advisors Real Estate Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Alvarez Elementary School

2606 Gumwood Ave, McAllen, TX, 78501

Grades PK-5

0.28 miles away

W

William B. Travis Middle School

600 W Houston Ave, McAllen, TX, 78501

Grades 6-8

1.81 miles away

I

Instr/Guid Center

2604 Galveston Ave, McAllen, TX, 78501

Grades 8-11

0.70 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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