Two-Story
New
For Sale
$480,000
106 S 48th Lane McAllen, McAllen, TX 78501
Fully occupied residential income property with updated interiors, appliances, and paver back patios.
Property Size5,440 SF
Days on Market7
Property Features for 106 S 48th Lane McAllen
General Information
Standard status
Active
Size
5,440 SF
Property subtype
Quadruplex
Occupancy
100%
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$9,243
Amenities
spray foam insulation
shutters
paver back patios
granite countertops
washer/dryer
refrigerator
stove
dishwasher
Building Details
Building Size
5,440 SF
Year Built
2007
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
MODERN VALLEY REALTY
Listed By:
Erick Ochoa · License #801070599
(956) 735-5424
Source:
Primeluxuryrealestate
Added: Sep 13
Last Checked: Sep 18 at 11:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MODERN VALLEY REALTY
Investment Insights
Based on property information with market context.
Built in 2007, this two-story fourplex contains four tenant-occupied units, providing an established rental operation. Each residence includes granite countertops, a washer, dryer, refrigerator, stove, and dishwasher, along with shutters and a paver back patio. Spray foam insulation is also included across the property.
Three units have received updates to paint, tile, carpet, appliances, and fixtures. One HVAC system is new, while the other systems are approximately five years old or newer. The property carries a McAllen address and is located near Shary Road, IDEA McAllen, Sharyland High School, shopping, dining, and everyday amenities. It is zoned to Sharyland ISD.
Three units have received updates to paint, tile, carpet, appliances, and fixtures. One HVAC system is new, while the other systems are approximately five years old or newer. The property carries a McAllen address and is located near Shary Road, IDEA McAllen, Sharyland High School, shopping, dining, and everyday amenities. It is zoned to Sharyland ISD.
Key Highlights
- Four tenant‑occupied units in a two‑story fourplex
- Built in 2007
- Three units updated with paint, tile, carpet, appliances, and fixtures
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
171
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied residential income property with updated interiors, appliances, and paver back patios.
Where is this quadplex located?
The property is located at 106 S 48th Lane McAllen McAllen, TX.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: Four tenant‑occupied units in a two‑story fourplex; Built in 2007; Three units updated with paint, tile, carpet, appliances, and fixtures
