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For sale
    • $480,000

    106 S 48th Ln, McAllen, TX 78501

    --beds
    --baths
    5,440sqft
    : 
    $3,998/mo
    Get pre-qualified
    Quadruplex, Multi Family
    Built in 2007
    -- sqft lot
    $-- Zestimate®
    $88/sqft
    $30/mo HOA

    What's special

    Granite countertopsPaver back patiosSpray foam insulationShutters on all units
    GREAT INVESTMENT OPPORTUNITY! Beautiful two-story fourplex located in a highly desirable area near Shary Road with a McAllen address and zoned to Sharyland ISD. Conveniently located near IDEA McAllen, Sharyland High School, shopping, dining, and everyday amenities. All four units are currently tenant occupied, providing immediate rental income with potential to increase rents. Property features include spray foam insulation, shutters on all units, and paver back patios. Three of the four units have been updated with paint, tile, carpet, appliances, and fixtures. One HVAC system is brand new, while the remaining systems are approximately five years old or newer. Each unit features granite countertops and includes a washer, dryer, refrigerator, stove, and dishwasher. An excellent opportunity to own a fully occupied, income-producing fourplex in a prime location!
    23 days
    86
    8

    Zillow last checked:

    Listing updated:

    Listed by:

    Erick Ochoa 956-735-5424,

    Modern Valley Realty

    Source: Greater McAllen AOR,MLS#: 515077

      Facts & features

      Interior

      Heating
      • Has Heating (Unspecified Type)
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Electric Water Heater, Dishwasher, Dryer, Refrigerator, Stove/Range, Washer
      • Laundry: Laundry Room, Washer/Dryer Connection
      Features
      • Ceiling Fan(s)
      • Flooring: Carpet, Tile, Vinyl
      • Windows: Double Pane Windows
      Interior area
      • Total structure area: 5,440
      • Total interior livable area: 5,440 sqft

      Property

      Parking
      • Total spaces: 8
      • Parking features: No Carport, No Garage
      • Carport spaces: 8
      Features
      • Patio & porch: Covered Patio, Patio, Patio Slab
      • Exterior features: Mature Trees, Sprinkler System
      • Fencing: Privacy,Wood
      Lot
      • Size: 8,768 Square Feet
      • Features: Curb & Gutters, Mature Trees, Sidewalks, Sprinkler System
      Details
      • Additional structures: Outbuilding (None)
      • Parcel number: S294000000005800

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex, Multi Family
      Materials
      • Brick, Stone
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Year built: 2007

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: None, Sidewalks, Street Lights
      • Security: Smoke Detector(s)
      • Subdivision: Shary Landing
      HOA
      • Has HOA: Yes
      • HOA fee: $360 annually
      • HOA name: Magnolia Property Management
      Location
      • Region: Mcallen

      Financial & listing details

      • Price per square foot: $88/sqft
      • Tax assessed value: $451,621
      • Annual tax amount: $9,243
      • Date on market: 9/11/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,166/mo

        Price history

        DateEventPrice
        9/11/2026Listed for sale$480,000+33.7%$88/sqft
        Source: Greater McAllen AOR #515077 Report a problem
        8/4/2026Listing removed$1,250
        Source: Greater McAllen AOR #506708 Report a problem
        7/14/2026Price change$1,250-3.8%
        Source: Greater McAllen AOR #506708 Report a problem
        6/8/2026Listed for rent$1,300+13%
        Source: Greater McAllen AOR #506708 Report a problem
        2/28/2026Listing removed$1,150
        Source: Greater McAllen AOR #492917 Report a problem
        2/20/2026Price change$1,150-4.2%
        Source: Greater McAllen AOR #492917 Report a problem
        1/23/2026Listed for rent$1,200
        Source: Greater McAllen AOR #492917 Report a problem
        9/28/2020Sold--
        Source: Greater McAllen AOR #339490 Report a problem
        8/21/2020Pending sale$359,000$66/sqft
        Source: CapStone Realty PLLC #339490 Report a problem
        6/30/2020Listed for sale$359,000$66/sqft
        Source: CapStone Realty PLLC #319569 Report a problem
        6/26/2020Pending sale$359,000$66/sqft
        Source: CapStone Realty PLLC #319569 Report a problem
        8/6/2019Listed for sale$359,000+2.6%$66/sqft
        Source: Balboa Realty #319569 Report a problem
        12/17/2018Listing removed$350,000$64/sqft
        Source: Balboa Realty #218692 Report a problem
        8/6/2018Listed for sale$350,000-3.8%$64/sqft
        Source: Balboa Realty #218692 Report a problem
        1/19/2018Price change$364,000-1.4%$67/sqft
        Source: HomeSmart RGV #213307 Report a problem
        10/24/2017Listed for sale$369,000$68/sqft
        Source: HomeSmart RGV #213307 Report a problem
        12/23/2015Sold--
        Source: Agent Provided Report a problem
        4/15/2010Sold--
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,344 -1%$451,621 +0%
        2024$7,420 -11.3%$451,529 -0.1%
        2023$8,370 +12.3%$451,973 +23%
        2022$7,451 +8.6%$367,604 +11.5%
        2021$6,859 $329,556 -0.1%
        2020-- $330,050 +0.9%
        2019$7,199 -21.8%$327,043 +3.2%
        2018$9,210 $316,852 -5%
        2017$9,210 +20.2%$333,563 +20.6%
        2016$7,665 +18.7%$276,610 +17.8%
        2015$6,458 $234,794 -0.7%
        2014$6,458 $236,427 -0.7%
        2013-- $238,059 +8.7%
        2012-- $219,017 -0.7%
        2011-- $220,648 -17.6%
        2010-- $267,646 -14.2%
        2009-- $312,078
        2008-- $312,078
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: 78501

        Getting around

        31 / 100
        Car-Dependent
        30 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Martinez
        • Middle: B.L. Garza
        • High: Sharyland H.S.
        • District: Sharyland ISD

        Source: Greater McAllen AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

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