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36-Unit Apartment Community
For Sale
$1,950,000

2700 S 28th Street, McAllen, TX 78501

MULTI_FAMILY - McAllen, TX

Property Size22,378 SF
Lot Size0.93 Acres
Price / SF$87.14
Days on Market34

Property Features for 2700 S 28th Street

General Information

Property type Residential Multi Family
Property subtype Other
Parking features None
Exterior features Mature Trees
Fencing Chain Link
Appliances Gas Water Heater, Refrigerator, Stove/Range-Electric Coil
Subdivision Bonham
Lot features Alley, Corner Lot, Curb & Gutters, Irregular Lot, Mature Trees, Sidewalks
Elementary school Escandon
Middle school Brown
High school Memorial H.S.
Elementary school district McAllen ISD
Middle school district McAllen ISD
High school district McAllen ISD
Directions From Ware rd. & I-2 (Expressway 83), south on Ware, east on Jordan The properties are located on the northeast, northwest, & southwest corners of Jordan and 28th street.
Standard status Active
APN 126491
Size 22,378 SF
Lot size 0.93 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 21844

Utilities

Water source Public

Building Details

Year built 1974
Floors in Building 2
Number of units 36
Building materials Brick, Wood Siding
Roof type Composition, Flat
Listing Agency: Realty Executives RGV · Realty Executives International
Listed By: Romayeo (Ronnie) R. Esparza · License #0609166
Added: Jul 21 Changed: Jul 31 Last Checked: Aug 23 at 8:06AM
MLS# 509848

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 36-unit apartment community consists of five buildings located on three corner lots along Jordan Rd. & S. 28th street. The property includes multi-family apartments with public water service and exterior features including mature trees. Construction materials include brick and wood siding, with composition and flat roofing. Chain-link fencing is present on-site.

The apartments are within a quarter-mile walking distance of Escandon, Airport, Palmview, and Uvalde city parks, as well as the Palmview Library & Recreation center. A city bus stop is on-site, and the property offers easy access to the freeway.

Built in 1974, the property totals 22,378 square feet on a 0.9286-acre site. Appliances noted include a gas water heater, refrigerator, and electric coil stove/range. Parking is listed as none.

Key Highlights

  • 36 units across five buildings on three corner lots at Jordan Rd. & S. 28th street
  • 0.9286‑acre site totaling 22,378 SF
  • Built in 1974

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Parking Lot & Garage HVAC Service Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

36
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

198
Businesses Nearby

Demographics for 78501, TX

60,817
Population
24,807
Households
2.5
Avg Household Size
37
Median Age
27%
College-Educated
77%
High-School Grad
15.5 sq mi
ZIP Area
3,924
Density / Sq Mi
$49,451
Median Household Income
$29,092
Median Earnings
$943
Median Rent
$149,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Five-building apartment community on three corner lots with public utilities and chain-link fencing.
Where is this apartment building located?
The property is located at 2700 S 28th Street McAllen, TX.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 36 units across five buildings on three corner lots at Jordan Rd. & S. 28th street; 0.9286‑acre site totaling 22,378 SF; Built in 1974
More about this property
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