Login

317 N 28th Street, McAllen, TX 78501

McAllen
Local realty services provided by:CENTURY 21 Johnston Company
317 N 28th Street,McAllen, TX 78501
$729,999
  • - Beds
  • - Baths
  • 7,200 sq. ft.
  • Multi-family
  • Active
Listed by: joshua brown
Office: capital advisors real estate group
MLS#:485728
Source:TX_GMAR

Price summary

  • Price:$729,999
  • Price per sq. ft.:$101.39

About this home

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.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an independent agent affiliated with the CENTURY 21®  brand to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an independent agent affiliated with the CENTURY 21®  brand is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1993
  • Listing ID #:485728
  • Added:440 day(s) ago
  • Updated:March 19, 2026 at 04:01 PM

Rooms and interior

  • Flooring:Laminate
  • Kitchen Description:Electric Water Heater
  • Bedroom Description:Split Bedrooms
  • Living area:7,200 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Central Air, Electric
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1993
  • Building area:7,200 sq. ft.
  • Lot area:0.25 Acres
  • Construction Materials:Frame/Wood
  • Exterior Features:Balcony
  • Foundation Description:Slab

Schools

  • High school:Memorial H.S.
  • Middle school:Travis
  • Elementary school:Alvarez

Utilities

  • Water:Electric Water Heater
  • Sewer:City Sewer

Finances and disclosures

  • Price:$729,999
  • Price per sq. ft.:$101.39
  • Tax amount:$7,983

Features and amenities

  • Laundry features:Dryer, Laundry Area, Washer, Washer/Dryer Connection
  • Amenities:Balcony, Sidewalks, Street Lights

New listings near 317 N 28th Street