Excellent Investment Opportunity! This turnkey, cash-flowing fourplex offers the ideal combination of fully automated short-term income and long-term stability. Whether you're expanding your portfolio or seeking a house-hack opportunity, this property is designed to attract both short-term guests and long-term tenants. Located in a highly walkable area near major attractions, it enjoys consistently high occupancy rates. Two of the four units have been fully renovated and modernized as fully automated, operational short-term rentals. With continued area development, vibrant cultural events, and a steady stream of visitors, this property presents not only strong immediate returns but also promising long-term appreciation.
Sold
Price Unknown
4408 N 24th Ln, McAllen, TX 78504
4beds
4baths
4,480sqft
Quadruplex, Multi Family
Built in 2004
-- sqft lot
$-- Zestimate®
$--/sqft
$1,418 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,418/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Preshina Samtani 956-460-7763,
Key Realty
Source: Greater McAllen AOR,MLS#: 469779
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer
- Laundry: Laundry Closet
Features
- Ceiling Fan(s), High Ceilings
- Flooring: Tile
Interior area
- Total structure area: 4,480
- Total interior livable area: 4,480 sqft
Property
Parking
- Total spaces: 8
- Parking features: No Garage, Other Garage or Carport
- Carport spaces: 8
Features
- Patio & porch: Patio Slab
- Exterior features: Mature Trees
- Fencing: Wood
Lot
- Size: 9,548 Square Feet
- Features: Corner Lot, Curb & Gutters, Mature Trees, Sidewalks
Details
- Additional structures: Outbuilding (None)
- Parcel number: S302002000004500
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Clay Tile
Condition
- Year built: 2004
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Green energy
- Energy efficient items: Thermostat
Community & HOA
Community
- Features: Curbs, Sidewalks, Street Lights
- Security: Smoke Detector(s)
- Subdivision: Shasta Commercial Plaza #2
HOA
- Has HOA: No
Location
- Region: Mcallen
Financial & listing details
- Tax assessed value: $345,406
- Annual tax amount: $8,583
- Date on market: 4/28/2025
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/6/2025 | Sold | -- |
Source: Greater McAllen AOR #469779 Report a problem | ||
| 10/4/2025 | Pending sale | $425,000$95/sqft |
Source: Greater McAllen AOR #469779 Report a problem | ||
| 8/22/2025 | Price change | $425,000-5.6%$95/sqft |
Source: Greater McAllen AOR #469779 Report a problem | ||
| 5/24/2025 | Price change | $450,000-5.3%$100/sqft |
Source: Greater McAllen AOR #469779 Report a problem | ||
| 4/28/2025 | Listed for sale | $475,000$106/sqft |
Source: Greater McAllen AOR #469779 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,323 +9.4% | $345,406 +13.2% |
| 2024 | $5,780 +23% | $305,000 +3.4% |
| 2023 | $4,699 -9.4% | $295,000 |
| 2022 | $5,185 -1.7% | $295,000 +2.6% |
| 2021 | $5,274 | $287,648 +1.1% |
| 2020 | -- | $284,577 -0.9% |
| 2019 | $5,289 -23% | $287,150 -5.7% |
| 2018 | $6,870 | $304,581 +4.3% |
| 2017 | $6,870 +32.6% | $292,081 +30.2% |
| 2016 | $5,180 +5.7% | $224,381 +8.7% |
| 2015 | $4,900 | $206,374 -0.8% |
| 2014 | $4,900 | $208,084 -0.8% |
| 2013 | -- | $209,792 -0.8% |
| 2012 | -- | $211,500 -0.8% |
| 2011 | -- | $213,208 -15.3% |
| 2010 | -- | $251,677 0% |
| 2009 | -- | $251,680 -0.8% |
| 2008 | -- | $253,768 +4.7% |
| 2007 | -- | $242,466 +1.3% |
| 2006 | -- | $239,446 |
| 2005 | -- | $239,446 +945% |
| 2004 | -- | $22,913 |
Find assessor info on the county website
Neighborhood: 78504
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Nearby schools
GreatSchools rating
- 8/10Castaneda Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 6/10De Leon Middle SchoolGrades: 6-8Distance: 0.5 mi
- 6/10Rowe High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Casteneda
- Middle: De Leon
- High: Rowe 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.
- Texas
- Hidalgo County
- McAllen
- 78504
- 4408 N 24th Ln
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other McAllen Topics
