E
Landlord's Agent in 2026
Erick Ochoa
Modern Valley Realty
(956) 735-5424
35 Total Sales
106 S 48th Ln McAllen, TX 78501
Estimated Value: $503,580
2
Beds
2.5
Baths
1,500
Sq Ft
$336/Sq Ft
Est. Value
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 2026Discover 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!
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%
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
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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
-
Erick Ochoa
-
Belle Moya
Seller's Agent in 2020
Belle Moya
Capstone Realty Pllc
(956) 408-0268
69 Total Sales
-
Carlos Cordova
Buyer's Agent in 2020
Carlos Cordova
RE/MAX
(956) 655-4381
94 Total Sales
-
J
Seller's Agent in 2015
Joyce Toombs
Keller Williams Realty Rgv
Map
Source: Greater McAllen Association of REALTORS®
MLS Number: 492917
APN: S2940-00-000-0058-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
Information deemed reliable but not guaranteed.
Copyright 2026 Greater McAllen Association of Realtors. All rights reserved.
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