412 49Th St McAllen, TX 78501
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 412 49Th St
- Year built
- 2007
- Property type
- Small apartment buildings
Description
This exceptional investment opportunity presents a well-maintained four-unit apartment building situated at 412 S 49th Street, McAllen, Texas, 78501. Built in 2007, this property boasts a substantial 9,009.95 square foot lot and comprises a single building housing four individual units. Each unit is thoughtfully designed with two bedrooms and two bathrooms, catering to the needs of families and professionals alike. The property's location within the highly-rated Sharyland Independent School District adds significant appeal to potential tenants. The asking price for this turnkey investment is $495,000. This multifamily property offers a compelling opportunity for investors seeking strong rental returns in a desirable McAllen neighborhood. The property's solid construction and well-maintained condition promise minimal upkeep and maximum return on investment. Its strategic location within the thriving McAllen market ensures consistent tenant demand and long-term value appreciation. This is an ideal opportunity to acquire a stable and profitable rental property in a rapidly growing Texas market. The property is zoned for the Sharyland Independent School District.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- McAllen
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.2760304
- Latitude
- 26.205543