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    2428 Upas Ave McAllen, TX 78501

    For Sale
    $1,550,000

    Apartment - McAllen, TX

    Type:Apartment
    Property size:
    10,464 SF
    Lot size:
    0.45 Acres
    Days on Market:
    38
    Last Refresh:
    Dec 11 at 1:06 am

    Property Features for 2428 Upas Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Standard status
    Active
    APN
    L335000000001500
    Parking
    16
    Parking features
    Garage
    Size
    10,464 SF
    Lot size
    0.45 Acres

    Utilities

    Heating system
    Central

    Building Details

    Year built
    1980
    Number of units
    16
    Architectural style
    Other

    RE/MAX elite (956) 330-3674 [email protected]

    Listing agent Yanett Rodriguez (956) 583-2100

    Listing date Nov 4, 2025

    MLS# 474867 Listing URL

    Copyright © 2025 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    McAllen Multifamily Investment Opportunity

    This well-maintained 16-unit multifamily complex presents a strong investment opportunity. The property is located in a sought-after area and features a mix of 10 one-bedroom, one-bathroom units and 6 two-bedroom, one-bathroom units. The property size is 10464 square feet, situated on a 0.4469-acre lot. Residents benefit from amenities including covered carports, additional front parking, appliances included in all units, an on-site laundry facility, and a designated dog area. This multifamily property is located in McAllen, Texas, offering tenant-friendly features.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Oak Ridge Apartments Apartment Building

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    McAllen
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.244372
    Latitude
    26.22546

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained 16-unit apartment complex in a prime location.
    Where is this apartment building located?
    The property is located at 2428 Upas Ave McAllen, TX.
    What is the asking price?
    The asking price for this property is $1,550,000.
    What are key features of this property?
    This property features: - 16-unit multifamily complex in a prime location; - Attractive mix of 10 one-bedroom and 6 two-bedroom units; - Covered carports and additional front parking
    (956) 583-2100
    Request Owner's contact information
    2428 Upas Ave McAllen, TX 78501
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    McAllen, TX 78501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2428 Upas Ave McAllen, TX 78501
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