106 S 48th Lane, Mcallen, TX 78501

$480,000
5,440
SqFt

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List Price
$480,000
Status
ACTIVE
MLS#
515077
Living Area
5,440
Lot Size (Acres)
0.2013
Year Built
2007

Property Description

GREAT INVESTMENT OPPORTUNITY! Beautiful two-story fourplex located in a highly desirable area near Shary Road with a McAllen address and zoned to Sharyland ISD. Conveniently located near IDEA McAllen, Sharyland High School, shopping, dining, and everyday amenities. All four units are currently tenant occupied, providing immediate rental income with potential to increase rents. Property features include spray foam insulation, shutters on all units, and paver back patios. Three of the four units have been updated with paint, tile, carpet, appliances, and fixtures. One HVAC system is brand new, while the remaining systems are approximately five years old or newer. Each unit features granite countertops and includes a washer, dryer, refrigerator, stove, and dishwasher. An excellent opportunity to own a fully occupied, income-producing fourplex in a prime location!

Additional Information

Area
Mcallen
Subdivision
Shary Landing
Taxes
$9,243
Tax Year
2017
HOA Fee
$360
Stories
2
Interior Features
Ceiling Fan(s), Dryer, Washer
Amenities
None, Sidewalks, Street Lights
Living Area
5,440
Exterior Features
Mature Trees, Sprinkler System
Community Features
None, Sidewalks, Street Lights
Lot Size
8,768
Heating
Central, Electric
Cooling
Central Air, Electric
Sewer
City Sewer
School District
Sharyland ISD
Elementary School
Martinez
Middle School
B.L. Garza
High School
Sharyland H.S.

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Calculator source: Real Geeks

Listing courtesy of Erick Ochoa with Modern Valley Realty