Fully remodeled four-unit apartment complex offering an excellent investment opportunity in a prime McAllen location. This turnkey property has been extensively updated throughout, featuring new HVAC systems, a new roof, new flooring, fresh interior and exterior paint, updated kitchens and bathrooms, new appliances, new toilets, modern fixtures, and numerous additional improvements designed to minimize maintenance and maximize tenant appeal. Each unit offers a functional layout with updated finishes, making this property ideal for attracting quality tenants and supporting strong rental demand. Conveniently located near shopping, restaurants, schools, medical facilities, and major roadways, this income-producing asset is well positioned for both immediate cash flow and long-term appreciation. Whether you're expanding your investment portfolio or seeking a fully renovated multifamily property, this exceptional fourplex is ready for its next owner.
For sale
$485,000
412 S 49th St, McAllen, TX 78501
--beds
--baths
4,516sqft
Quadruplex, Multi Family
Built in 2007
-- sqft lot
$-- Zestimate®
$107/sqft
$30/mo HOA
What's special
Modern fixturesNew toiletsNew appliancesNew flooringUpdated kitchens and bathroomsNew hvac systemsFunctional layout
- 56 days
- 87
- 3
Zillow last checked:
Listing updated:
Listed by:
Dulce Blanco 956-453-1168,
Golden Valley Real Estate
Source: Greater McAllen AOR,MLS#: 509090
Facts & features
Interior
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air
Appliances
- Included: Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range-Electric Smooth, Washer
- Laundry: Laundry Area
Features
- Ceiling Fan(s), Split Bedrooms, Walk-In Closet(s)
- Flooring: Tile
Interior area
- Total structure area: 4,516
- Total interior livable area: 4,516 sqft
Property
Parking
- Total spaces: 8
- Parking features: No Garage
- Carport spaces: 8
Features
- Exterior features: None
- Fencing: Wood
Lot
- Size: 9,008 Square Feet
Details
- Additional structures: Outbuilding (None)
- Parcel number: S294000000000200
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Shingle
Condition
- Year built: 2007
Utilities & green energy
- Sewer: Public Sewer
Green energy
- Energy efficient items: None
Community & HOA
Community
- Features: None
- Security: Smoke Detector(s)
- Subdivision: Shary Landing
HOA
- Has HOA: Yes
- HOA fee: $360 annually
- HOA name: Magnolia PM/Shary Landign HOA
Location
- Region: Mcallen
Financial & listing details
- Price per square foot: $107/sqft
- Tax assessed value: $336,117
- Annual tax amount: $9,438
- Date on market: 7/8/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$992/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/8/2026 | Listed for sale | $485,000+18.3%$107/sqft |
Source: Greater McAllen AOR #509090 Report a problem | ||
| 6/1/2026 | Listing removed | $1,200 |
Source: Zillow Rentals Report a problem | ||
| 5/3/2026 | Listed for rent | $1,200 |
Source: Zillow Rentals Report a problem | ||
| 3/29/2026 | Listing removed | $410,000$91/sqft |
Source: Greater McAllen AOR #467804 Report a problem | ||
| 1/11/2026 | Price change | $410,000-3.5%$91/sqft |
Source: Greater McAllen AOR #467804 Report a problem | ||
| 10/11/2025 | Price change | $425,000-9.2%$94/sqft |
Source: Greater McAllen AOR #467804 Report a problem | ||
| 6/18/2025 | Price change | $468,000-1.5%$104/sqft |
Source: Greater McAllen AOR #467804 Report a problem | ||
| 5/12/2025 | Price change | $475,000-3.1%$105/sqft |
Source: Greater McAllen AOR #467804 Report a problem | ||
| 4/15/2025 | Listed for sale | $490,000-1%$109/sqft |
Source: Greater McAllen AOR #467804 Report a problem | ||
| 4/8/2025 | Listing removed | $495,000$110/sqft |
Source: Greater McAllen AOR #452003 Report a problem | ||
| 10/23/2024 | Listed for sale | $495,000+24.2%$110/sqft |
Source: Greater McAllen AOR #452003 Report a problem | ||
| 3/30/2022 | Sold | -- |
Source: Greater McAllen AOR #379610 Report a problem | ||
| 1/6/2022 | Price change | $398,700+0.4%$88/sqft |
Source: Owner Report a problem | ||
| 1/5/2022 | Price change | $397,000+1%$88/sqft |
Source: Owner Report a problem | ||
| 12/29/2021 | Price change | $393,200+1%$87/sqft |
Source: Owner Report a problem | ||
| 12/20/2021 | Price change | $389,300+2.9%$86/sqft |
Source: Owner Report a problem | ||
| 11/3/2021 | Listed for sale | $378,500-8.8%$84/sqft |
Source: Owner Report a problem | ||
| 7/23/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/25/2021 | Price change | $415,000+7.8%$92/sqft |
Source: Owner Report a problem | ||
| 1/19/2021 | Listed for sale | $385,000+96.4%$85/sqft |
Source: Owner Report a problem | ||
| 10/16/2020 | Listing removed | $196,000$43/sqft |
Source: Owner Report a problem | ||
| 7/18/2020 | Price change | $196,000+3.2%$43/sqft |
Source: Owner Report a problem | ||
| 7/14/2020 | Listed for sale | $190,000-47.9%$42/sqft |
Source: Owner Report a problem | ||
| 9/22/2019 | Listing removed | $365,000$81/sqft |
Source: Owner Report a problem | ||
| 6/24/2019 | Listed for sale | $365,000$81/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,238 -14.9% | $336,117 -14.9% |
| 2024 | $7,330 +1.2% | $394,910 +1% |
| 2023 | $7,241 +16.7% | $391,000 +27.8% |
| 2022 | $6,203 -2.5% | $306,022 +0.1% |
| 2021 | $6,363 | $305,716 -0.2% |
| 2020 | -- | $306,226 +3% |
| 2019 | $6,544 -13.4% | $297,257 +1% |
| 2018 | $7,552 | $294,199 +7.6% |
| 2017 | $7,552 +8.3% | $273,519 +8.7% |
| 2016 | $6,973 +16.2% | $251,635 +15.3% |
| 2015 | $6,001 | $218,287 -0.6% |
| 2014 | $6,001 | $219,697 -0.6% |
| 2013 | -- | $221,109 -5.3% |
| 2012 | -- | $233,460 -0.8% |
| 2011 | -- | $235,230 -16.9% |
| 2010 | -- | $282,951 +0.1% |
| 2009 | -- | $282,628 0% |
| 2008 | -- | $282,636 |
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.Climate risks
Neighborhood: 78501
Nearby schools
Schools provided by the listing agent
- Elementary: Martinez
- Middle: B.L. Gray Junior High
- High: Sharyland H.S.
- District: McAllen 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.
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