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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
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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.

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

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

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

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

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
34.6%
of households
have children
19 minutes
Median Commute Time

Household Expenses vs 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.

Up 1.6%
Increase in population
since the year 2010

Population is Trending up
21,681
Total households as of 2010
Up
2.6%

Community Population By Age

Community Population By Ethnicity

Hispanic 88%
White 33%
Other 20%
Asian 2%
Native American <1%
Black <1%

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

Household by Income

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%

Household Family Expenses vs 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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