RENTED FEB 28, 2026

106 S 48th Ln McAllen, TX 78501

Estimated Value: $477,000 - $523,000

2 Beds
2.5 Baths
1,500 Sq Ft
$336/Sq Ft Est. Value

Sale Details

Date Sold: September 28, 2020

Current estimated payment $3,476 / mo

Highlights

  • No HOA
  • Slab Porch or Patio
  • Central Heating and Cooling System
  • Romulo D. Martinez Elementary School Rated A-
  • Laundry closet
  • Ceiling Fan

About This Home

As of February 2026

Discover modern living in this beautifully remodeled 2-bedroom, 2.5-bathroom apartment in McAllen, TX! Spanning 1,500 sq. ft., this spacious home features new appliances, stylish upgrades, and a thoughtfully designed layout. Enjoy the convenience of a paved backyard, perfect for outdoor relaxation. Located in a prime area, you're just 2 minutes from Sharyland High School, the convention center, and the expressway, with quick access to the airport, shopping malls, and major hospitals—only 10 minutes away. Don't miss out on this amazing lease opportunity in one of McAllen’s most sought-after locations! Schedule a showing today!

Last Agent to Rent the Property

Erick Ochoa

Modern Valley Realty Listed on: 01/23/2026

Last Renter's Agent

Erick Ochoa

Modern Valley Realty Listed on: 01/23/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2007

Lot Details

  • 8,799

Home Design

  • Apartment

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Carport Spaces
  • No Garage

Schools

  • Martinez Elementary School
  • Brown Middle School
  • Sharyland High School

Additional Features

  • Slab Porch or Patio
  • 8,799 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $1,000
  • Property Available on 1/22/26
  • Tenant pays for cable TV, electricity, trash collection, water
  • 12 Month Lease Term
  • $45 Application Fee
  • Assessor Parcel Number S294000000005800

Community Details

Overview

  • No Home Owners Association
  • Shary Landing Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 2007

Lot Details

8,799 Sq Ft Lot

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Cable TV, Electricity, Trash Collection, Water
  • Available Date: 2026-01-22
  • Security Deposit: 1000
  • GMAR_RentSpreeYN: No

Listing Details

  • Directions: 106 S 48th Ln, McAllen, TX 78501 on Google Maps
  • Year Built: 2007
  • Property Sub Type: Apartment
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.202
  • Subdivision Name: Shary Landing
  • Carport Y N: Yes
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Availability: Immediate
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1500
  • Master Bedroom Features: Other

Exterior Features

  • 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

Utilities

  • Laundry Features: Laundry Closet
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights
  • 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: Brown

Lot Info

  • Lot Size Sq Ft: 8799.12
  • Parcel #: S294000000005800

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10412

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2020
Closed on
Sep 25, 2020
Sold by
Barrera Luis Alberto and Barrera Nancy Sarahy
Bought by
Ochoa Randy
Seller's Agent
Belle Moya
Capstone Realty Pllc
Buyer's Agent
Carlos Cordova
Re/Max Integrity
List Price
$359,000
Current Estimated Value
$503,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.07%
Original Mortgage
$315,933
Outstanding Balance
$281,006
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$222,574

Purchase Details

Closed on
Feb 20, 2019
Sold by
Lor Mag Enterprises Llc
Bought by
Barrera Luis Alberto and Barrera Nancy Sarahy

Purchase Details

Closed on
Sep 26, 2016
Sold by
Barrera Luis Alberto and Barrera Nancy Sarahy
Bought by
Lor Mag Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,050
Interest Rate
3.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2010
Sold by
Biz Network Llc
Bought by
South Stonebridge Development & Construc

Purchase Details

Closed on
Jun 9, 2008
Sold by
South Stonebridge Development & Construc
Bought by
Biz Network Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,200
Interest Rate
6.08%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 1, 2006
Sold by
Cavazos Felipe
Bought by
South Stonebridge Development Const Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,840
Interest Rate
6.41%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Ochoa Randy -- Capital Title
Barrera Luis Alberto -- San Jacinto Title Services
Lor Mag Enterprises Llc -- Capital Title Of Texas Llc
South Stonebridge Development & Construc $255,000 None Available
Biz Network Llc -- Sierra Title
South Stonebridge Development Const Inc -- Sierra Title
Cavazos Felipe -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ochoa Randy $315,933
Previous Owner Lor Mag Enterprises Llc $283,050
Previous Owner Biz Network Llc $255,200
Previous Owner South Stonebridge Development Const Inc $215,840
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2026 02/28/26 Rented $1,150 0.0% --
02/20/2026 02/20/26 Price Changed $1,150 -4.2% $1 / Sq Ft
01/23/2026 01/23/26 For Rent $1,200 0.0% --
09/28/2020 09/28/20 Sold -- -- -- View Prior Sale
08/13/2020 08/13/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $359,000 +5.9% $66 / Sq Ft
12/15/2015 12/15/15 Sold -- -- -- View Prior Sale
10/19/2015 10/19/15 Pending -- -- --
10/06/2015 10/06/15 For Sale $339,000 -- $62 / Sq Ft
Source: Greater McAllen Association of REALTORS®

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 $9,452 $451,621 $86,220 $365,401
2024 $9,452 $451,529 $86,220 $365,309
2023 $10,436 $451,973 $86,220 $365,753
2022 $9,215 $367,604 $86,220 $281,384
2021 $8,493 $329,556 $83,581 $245,975
2020 $8,901 $330,050 $83,581 $246,469
2019 $9,017 $327,043 $82,060 $244,983
2018 $8,749 $316,852 $79,182 $237,670
2017 $9,243 $333,563 $79,182 $254,381
2016 $7,665 $276,610 $79,182 $197,428
2015 $6,458 $234,794 $76,103 $158,691
Source: Public Records

Agents Affiliated with this Home

  • E

    Landlord's Agent in 2026

    Erick Ochoa

    Modern Valley Realty

    (956) 735-5424

    34 Total Sales

    Erick Ochoa
    Section Image
  • Belle Moya

    Seller's Agent in 2020

    Belle Moya

    Capstone Realty Pllc

    (956) 408-0268

    70 Total Sales

    Belle Moya
    Section Image
  • Carlos Cordova

    Buyer's Agent in 2020

    Carlos Cordova

    RE/MAX

    (956) 655-4381

    96 Total Sales

    Carlos Cordova
    Section Image

  • J

    Seller's Agent in 2015

    Joyce Toombs

    Keller Williams Realty Rgv

    Section Image
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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 492917

Greater McAllen Association of REALTORS®

APN: S2940-00-000-0058-00

Texas Hidalgo County McAllen 78501

106 S 48th Ln, McAllen, TX

Not Listed for Sale

MultiFamily

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Greater McAllen Association of REALTORS® The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Greater McAllen Association of Realtors. IDX information is provided exclusively 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.

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