$440,000 - $483,000
RENTED APR 9, 2025

315 S 48th Ln Unit 3 McAllen, TX 78501

2 Beds
2.5 Baths
1,246 Sq Ft
$371 Price per Sq Ft

Highlights

  • Walk-In Closet
  • Patio
  • Central Heating and Cooling System
  • Romulo D. Martinez Elementary School Rated A-
  • Laundry Room
  • Ceiling Fan

About This Home

As of April 2025

This charming 2-bedroom, 2.5-bathroom townhouse is nestled in the highly sought-after Sharyland ISD. The spacious layout features a well-designed kitchen with cherry wooden cabinetry, granite countertops, and ample storage, complemented by matching appliances for a sleek look. The kitchen opens up to a cozy living room located downstairs, perfect for entertaining or relaxing after a long day. Upstairs, you'll find two spacious bedrooms, each offering ample closet space! The property also boasts a private backyard, providing space for barbecues or simply enjoying the Texas sunshine. Conveniently located near premier shopping, dining, and the McAllen Convention Center.
Half off, first months rent!!!

Last Agent to Rent the Property

Monica Acevedo

The International Real Estate Company Listed on: 10/30/2024

Last Renter's Agent

Monica Acevedo

The International Real Estate Company Listed on: 10/30/2024

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2007

Lot Details

  • 8,766

Interior Spaces

  • 1,246 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Carport Spaces
  • No Garage

Schools

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

Additional Features

  • Patio
  • 8,766 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $1,075
  • Property Available on 11/1/24
  • Tenant pays for cable TV, electricity, trash collection, water
  • 12 Month Lease Term
  • $45 Application Fee
  • Assessor Parcel Number S294000000003400

Community Details

Overview

  • Property has a Home Owners Association
  • Shary Landing Subdivision

Pet Policy

  • Pets Allowed
  • Pet Deposit $300

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Year Built

Built in 2007

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Cable TV, Electricity, Trash Collection, Water
  • Available Date: 2024-11-01
  • Security Deposit: 1075
  • GMAR_RentSpreeYN: Yes
  • Pet Deposit: 300
  • GMAR_RentSpreeURL: https://apply.link/KFF51Lo

Listing Details

  • Directions: From Expressway 83, exit Shary Road, North on Shary, East on Highway 83 Business, South on 49th , East on Chicago Ave, South on 48th.
  • Year Built: 2007
  • Property Sub Type: Townhouse
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.2012
  • Subdivision Name: Shary Landing
  • 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: 2
  • Living Area: 1246
  • Master Bedroom Features: Tub/Shower Combo, Walk-In Closet(s)

Exterior Features

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

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Room, Washer/Dryer Connection
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

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

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: 8766.0144
  • Parcel #: S294000000003400
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10508

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2024
Sold by
Garza Vilma Lucila
Bought by
Hibbard Anthony Nugent Elias
Current Estimated Value
$462,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,150
Outstanding Balance
$407,813
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$54,187

Purchase Details

Closed on
Dec 26, 2023
Sold by
Anh Construction Llc
Bought by
Ayala Abel Elias

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,150
Outstanding Balance
$407,813
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$54,187

Purchase Details

Closed on
Oct 3, 2023
Sold by
Marina Real Estate Llc
Bought by
Anh Construction Llc

Purchase Details

Closed on
Sep 13, 2022
Sold by
6 Mld Llc
Bought by
Marina Real Estate Llc

Purchase Details

Closed on
Apr 16, 2020
Sold by
Elcyn Homes Llc
Bought by
Garza Vilma Lucila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,480
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2007
Sold by
Lopez Eliud
Bought by
Elcyn Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,800
Interest Rate
6.73%
Mortgage Type
Commercial
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
Hibbard Anthony Nugent Elias -- None Listed On Document
Ayala Abel Elias -- Corporation Service
Anh Construction Llc -- None Listed On Document
Marina Real Estate Llc -- Corporation Service
Garza Vilma Lucila -- Valley Land Title
Elcyn Homes Llc -- Vltc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hibbard Anthony Nugent Elias $415,150
Previous Owner Garza Vilma Lucila $276,480
Previous Owner Elcyn Homes Llc $259,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2025 04/09/25 Rented $1,100 0.0% --
10/30/2024 10/30/24 For Rent $1,100 -- --
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 $10,482 $420,000 $85,905 $334,095
2024 $10,482 $454,551 $85,905 $368,646
2023 $10,508 $455,059 $85,905 $369,154
2022 $9,332 $372,244 $85,905 $286,339
2021 $8,618 $334,431 $83,275 $251,156
2020 $9,034 $334,986 $83,275 $251,711
2019 $8,642 $313,466 $83,275 $230,191
2018 $8,790 $318,349 $78,892 $239,457
2017 $10,128 $365,481 $78,892 $286,589
2016 $7,589 $273,858 $78,892 $194,966
2015 $6,576 $239,118 $75,824 $163,294
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 452508

Greater McAllen Association of REALTORS®

APN: S2940-00-000-0034-00