412 S 49TH STREET, MCALLEN, TX 78501
Homes for sale in Mcallen.
Homes for sale in 78501.
List Price$485,000
412 S 49th Street
McAllen, TX 78501
Listing #509090
4,516
Square Feet
4
Number of Units
Multi-Unit Residential
Type
About This Property
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.
Property Features
Location Information
County
Hidalgo
Directions
Head south on N Taylor Rd toward US-83 BUS E. Turn left onto Hwy 83/W U.S. Business 83. Turn right onto S 49th St
Subdivision
Shary Landing
Interior Features
Interior
Ceiling Fan(s), Dryer, Microwave, Split Bedrooms, Walk-In Closet(s), Washer
Laundry
Laundry Area
Heating
Central
Appliances
Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range-Electric Smooth, Washer
Cooling
Central Air
Total Number of Units
4
Floors
Tile
Features
None
Exterior Features
Construction
Brick
Parking Spaces
8
Foundation
Slab
Fencing
Wood
Roof
Shingle
Lot Size in Acres
0.207
Possession
Closing and Funding
Lot Size in Sq. Ft.
9,009
Septic or Sewer
City Sewer
Buildings
Outbuilding (None)
Security Features
Smoke Detector(s)
Energy Features
None
Parking Description
No Garage
Road Description
Paved
Garage Spaces
0
School
Elementary School District
McAllen ISD
Middle School
B.L. Gray Junior High
Elementary School
Martinez
High School
Sharyland H.S.
Additional Information
Property Type
RI
HOA Fee
$360
Property SubType
Quadruplex
HOA Frequency
Annually
Year Built
2007
Taxes
9438
APN
S294000000000200
Tax Year
2024
Status
Active
Square Feet Source
HidalgoCAD
Units in Complex
4
Similar Listings
Mortgage Calculator
$2,264
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,747
Monthly Tax
$404
Monthly Insurance
$113
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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