$150,867 - $157,000
RENTED MAR 12, 2025

103 S 48th Ln Unit 3 McAllen, TX 78501

3 Beds
2.5 Baths
1,272 Sq Ft
4,008 Sq Ft Lot

Last Sold January 06, 2025

Current estimated payment $1,105/month

Highlights

  • Balcony
  • Slab Porch or Patio
  • Central Heating and Cooling System
  • Romulo D. Martinez Elementary School Rated A-
  • Laundry Room
  • Ceiling Fan

About This Home

As of March 2025

Great and spacious townhome ready to rent. Owner is looking for responsible renters to live in great and safe area close to schools, shopping, and expressway

Last Agent to Rent the Property

Diego Fernandez

Empower Realty Group Listed on: 01/11/2025

Last Renter's Agent

Diego Fernandez

Empower Realty Group Listed on: 01/11/2025

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2007

Lot Details

  • 4,008

Interior Spaces

  • 1,272 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Carport Spaces
  • No Garage

Outdoor Features

  • Balcony
  • Slab Porch or Patio

Schools

  • Martinez Elementary School
  • B.L. Gray Junior High
  • Sharyland High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $1,500
  • Property Available on 1/10/25
  • Tenant pays for electricity, trash collection, water
  • 12 Month Lease Term
  • $45 Application Fee
  • Assessor Parcel Number S274800000000300

Community Details

Overview

  • Property has a Home Owners Association
  • Shary Condominiums Subdivision

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Year Built

Built in 2007

Lot Details

0

Rental Info

  • Lease Term: > 12 months
  • Tenant Pays: Electricity, Trash Collection, Water
  • Available Date: 2025-01-10
  • Security Deposit: 1500
  • GMAR_RentSpreeYN: Yes
  • Pet Deposit: 1
  • GMAR_RentSpreeURL: https://apply.link/b4VQi18

Listing Details

  • Directions: From Expy 83 and Shary Rd intersection, go North on Shary. Turn East (right) on Business 83, drive past Taylor Rd and entrance to subdivision will bo on the South side (right). Turn East (left) on Austin Ave, property will be at the end of the street in the intersection of Austin and S 48th on the North side.
  • Year Built: 2007
  • Property Sub Type: Condominium
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.092
  • Subdivision Name: Shary Condominiums
  • Carport Y N: Yes
  • Garage Yn: No
  • Building Stories: 2
  • Availability: Immediate
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1272
  • Master Bedroom Features: Shower Only

Exterior Features

  • Exterior Features: Balcony
  • Interior Amenities: Ceiling Fan(s), Dryer, Microwave, Washer
  • Home Warranty: No
  • Patio And Porch Features: Patio Slab
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Parking Features: No Garage
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Laundry Room, Washer/Dryer Connection
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights
  • Amenities: Property Owners' Assoc.
  • Association: No
  • Pets Allowed: No

Fee Information

  • Application Fee: 45

Schools

  • Elementary School: Martinez
  • High School: Sharyland H.S.
  • Junior High Dist: Sharyland ISD
  • Middle Or Junior School: B.L. Gray Junior High

Lot Info

  • Lot Size Sq Ft: 4007.9556
  • Parcel #: S274800000000300
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3492

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2024
Closed on
Jan 3, 2025
Sold by
Barbeito Jose A and Barbeito Lorena
Bought by
Boateng Nana
Seller's Agent
Bryan Estrade
Re/Max Elite
Buyer's Agent
Diego Fernandez
Empower Realty Group
List Price
$160,000
Views
158
Current Estimated Value
$154,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.82%
Original Mortgage
$140,650
Outstanding Balance
$139,673
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$14,949

Purchase Details

Closed on
May 2, 2010
Sold by
Cantu Alfredo and Cuellar Maira Ibeth
Bought by
Barbeito Jose A

Purchase Details

Closed on
Dec 1, 2007
Sold by
Oc Development Ltd
Bought by
Cantu Alfredo and Cuellar Maira Ibeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.4%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Boateng Nana -- Encore Title
Boateng Nana -- Encore Title
Barbeito Jose A -- Sierra Title
Cantu Alfredo -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boateng Nana $140,650
Closed Boateng Nana $140,650
Previous Owner Cantu Alfredo $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/12/2025 03/12/25 Rented $1,450 0.0% --
03/04/2025 03/04/25 Price Changed $1,450 -3.3% $1 / Sq Ft
02/17/2025 02/17/25 Price Changed $1,500 -6.3% $1 / Sq Ft
01/11/2025 01/11/25 For Rent $1,600 0.0% --
01/06/2025 01/06/25 Sold -- -- -- View Prior Sale
11/22/2024 11/22/24 Pending -- -- --
10/29/2024 10/29/24 Price Changed $150,000 -6.3% $118 / Sq Ft
07/20/2024 07/20/24 For Sale $160,000 +46.8% $126 / Sq Ft
05/01/2012 05/01/12 Sold -- -- -- View Prior Sale
04/01/2012 04/01/12 Pending -- -- --
05/30/2011 05/30/11 For Sale $109,000 -- $68 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,458 $204,616 $75,728 $128,888
2024 $3,458 $149,940 $38,064 $111,876
2023 $3,492 $151,211 $38,064 $113,147
2022 $3,600 $143,585 $38,064 $105,521
2021 $2,864 $111,147 $38,064 $73,083
2020 $3,019 $111,937 $38,064 $73,873
2019 $3,108 $112,727 $38,064 $74,663
2018 $3,134 $113,519 $38,064 $75,455
2017 $3,168 $114,308 $38,064 $76,244
2016 $3,190 $115,099 $38,064 $77,035
2015 $2,965 $115,099 $38,064 $77,035
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 458417

Greater McAllen Association of REALTORS®

APN: S2748-00-000-0003-00