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408 S 49th Street, McAllen, TX 78501

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For Sale

$146,900

0.21 acres

Estimated Payment

$ 926 /mo. †

6.67% APR for 30 yrs.
$2,039 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • 0.2 acres
    Lot size

Explore this Property

Seize this rare opportunity to own a generously sized 4-plex lot in a well-established multi-family neighborhood within the highly desirable Sharyland ISD school district! Perfect for investors or developers, this lot offers endless potential for a profitable multi-unit build. Located just minutes from top-rated schools, shopping centers, dining, nightlife, and major roadways, this property ensures high tenant demand and a fantastic return on investment. With multi-family properties already surrounding the area, this lot is primed for development in a thriving rental market. Start claiming depreciation and other tax deductions once you build your 4-plex and/or live in one unit and rent out the other three units to pay off the monthly note. Don't miss out secure your spot in one of the most sought-after locations for multi-family living today!
MLS# 451745

Courtesy Of RGV Venture Capital, LP d/b/a Keller Williams Realty - RGV

(956) 928-1155

Property Features

  • Architecture Style
    Other
  • Lot Size
    0.21 Acres

Map and Directions

Directions to 408 S 49th Street, McAllen, TX 78501

Home seller CENTURY 21 Community

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Community

(573) 777-5555
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $756
  • Property Taxes
    $169
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $926

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Romulo D Martinez Elementary School

Grades PK-6 Public School

Mission, TX 78572 0.3 miles
2571 e 4th st

545 total students
15:1 Student teacher ratio

School Rating: A-

School Details

B L Gray Jr High School

Grades 7-8 Public School

Mission, TX 78572 3.7 miles
4400 s glasscock rd

725 total students
16:1 Student teacher ratio

School Rating: A

School Details

Sharyland High School

Grades 9-12 Public School

Mission, TX 78572 0.7 miles
1106 n shary rd

1525 total students
13:1 Student teacher ratio

School Rating: A-

School Details
Other Nearby Schools Distance Type Grades School Rating
Idea Mcallen College Preparatory 0.5 miles Public 6-12 A
Idea Mcallen Academy 0.5 miles Public PK-5 B
Sharyland Advanced Academic Academy 0.7 miles Public 9-12 A+
Lloyd & Dolly Bentsen Elementary School 1.2 miles Public PK-6 A-
Dorothea Brown Middle School 1.5 miles Public 6-8 C+
Jose De Escandon Elementary School 1.6 miles Public PK-5 C
Instr/guid Center 1.6 miles Public 8-11
Thigpen-zavala Elementary School 1.7 miles Public PK-5 A-
John H Shary Elementary School 1.7 miles Public PK-6 B
Alvarez Elementary School 1.7 miles Public PK-5 C
James Nikki Rowe High School 1.7 miles Public 9-12 B-
Achieve Early College High School 2 miles Public 9-12 A+
Bryan Elementary School 2.1 miles Public PK-5 B-
Taylor Christian School 2.2 miles Private KG-5
Juan Seguin Elementary School 2.2 miles Public PK-5 B+
Lavalette International Montessori Institute Llc 2.2 miles Private PK-KG
Bonham Elementary School 2.3 miles Public PK-5
Mission Early Learning 2.3 miles Public PK

Idea Mcallen College Preparatory

Distance: 0.5 miles

Type Public

Grades: 6-12

A

Idea Mcallen Academy

Distance: 0.5 miles

Type Public

Grades: PK-5

B

Sharyland Advanced Academic Academy

Distance: 0.7 miles

Type Public

Grades: 9-12

A+

Lloyd & Dolly Bentsen Elementary School

Distance: 1.2 miles

Type Public

Grades: PK-6

A-

Dorothea Brown Middle School

Distance: 1.5 miles

Type Public

Grades: 6-8

C+

Jose De Escandon Elementary School

Distance: 1.6 miles

Type Public

Grades: PK-5

C

Instr/guid Center

Distance: 1.6 miles

Type Public

Grades: 8-11

Thigpen-zavala Elementary School

Distance: 1.7 miles

Type Public

Grades: PK-5

A-

John H Shary Elementary School

Distance: 1.7 miles

Type Public

Grades: PK-6

B

Alvarez Elementary School

Distance: 1.7 miles

Type Public

Grades: PK-5

C

James Nikki Rowe High School

Distance: 1.7 miles

Type Public

Grades: 9-12

B-

Achieve Early College High School

Distance: 2 miles

Type Public

Grades: 9-12

A+

Bryan Elementary School

Distance: 2.1 miles

Type Public

Grades: PK-5

B-

Taylor Christian School

Distance: 2.2 miles

Type Private

Grades: KG-5

Juan Seguin Elementary School

Distance: 2.2 miles

Type Public

Grades: PK-5

B+

Lavalette International Montessori Institute Llc

Distance: 2.2 miles

Type Private

Grades: PK-KG

Bonham Elementary School

Distance: 2.3 miles

Type Public

Grades: PK-5

Mission Early Learning

Distance: 2.3 miles

Type Public

Grades: PK

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for McAllen, TX 78501

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McAllen, TX 78501

This community’s employment is highest in the sales and administrative support industries. The area’s overall household expenses are below the national average.

97° August
Hottest Average Month
48° January
Coldest Average Month
20,916 Total Households in Area
1.6% Increase in population since the year 2010
34.6%
of households
have children
19 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for McAllen, TX 78501

McAllen, TX 78501 has a population of 60,792 people in 20,916 households with a median age of 38.9 years old.

1.6%
Increase in population
since the year 2010
Population is Trending up
21,681
Total households as of 2010
2.6%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 38.9 years old. The smallest percentage group is 25-34 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

Hispanic 88%
White 33%
Other 20%
Asian 2%
Native American <1%
Black <1%
The most prevalent ethnicity is Hispanic at 88%, followed by White at 33%, Other at 20%, and Asian at 2%.

Economics
for McAllen, TX 78501

3,905 /sq mi
Population Density
$46,220 /yr
Median Household Income
$246,234
Median Sales Price
19 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Under $15k representing 18.21% of the households.

Transportation to Work

  • Drive 85%
  • Work from Home 8%
  • Walk or Bike 6%
  • Public Transit 1%

Occupancy by Type

Owned 10,612 45%
Rented 10,303 44%
Vacant 2,574 11%

White vs Blue Collar Jobs







White Collar 74%
Blue Collar 26%

Family & Education Facts
for McAllen, TX 78501

38.9 Median Age

Average Household Size

2.9
persons per
household

40.1%

Married Households

Community Population By Education

Some High School 26%
High School Graduate 22%
Bachelors Degree 19%
Some College 17%
Graduate Degree 9%
Associates Degree 6%
Of the total people surveyed, the most prevalent educational attainment level is Some High School, representing 25.88% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
34.6% of households have children

Weather
for McAllen, TX 78501

The weather for this area ranges from a high of 97° F in August to a low of 48° F in January

97° August
Hottest Average Month
48° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
48°
70°
Feb
51°
74°
Mar
57°
81°
Apr
64°
87°
May
70°
91°
Jun
74°
95°
Jul
75°
97°
Aug
75°
97°
Sep
72°
93°
Oct
64°
87°
Nov
56°
79°
Dec
50°
72°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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