$363,000 - $468,000
RENTED APR 15, 2025

407 S 48th Ln Unit 1 McAllen, TX 78501

3 Beds
2.5 Baths
1,100 Sq Ft
$389 Price per Sq Ft

Highlights

  • No HOA
  • 1 Car Attached Garage
  • Ceiling Fan
  • Romulo D. Martinez Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of April 2025

Property Features:
- Spacious open-concept living and dining area
- Bedrooms: 3
- Bathrooms: 2.5
- No Carpet throughout the unit
- Ceiling fans in both living room and bedrooms
- Granite countertops in kitchen and bathrooms
- Kitchen appliances include: Refrigerator and Stove
- Washer & Dryer connections in the unit
- One-car garage included

Amenities:
- Appliances Included: Refrigerator, Stove, and Washer/Dryer connections
- Master Bedroom: Large walk-in closet and private bathroom
- Utilities: Water included
Pet Policy:
- One small pet (25lbs max)
- Pet Application Fee: $30 (submitted through PetScreening.com)
- Pet Fee: $250 per pet
Important Information:
- One-time mandatory $100 Lease Set-up Fee
Application Process:
- All adults over 18 living in the property must apply ($55 application fee)
- Applications are submitted online at [McallenRentals.com](http://McallenRentals.com)

Last Agent to Rent the Property

Ann Anderson

Accel Property Management & Investments, Llc Listed on: 02/18/2025

Last Renter's Agent

Ann Anderson

Accel Property Management & Investments, Llc Listed on: 02/18/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 8,803

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,100 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Shower Only

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Schools

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

Additional Features

  • 8,803 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Shary Landing Subdivision

Listing and Financial Details

  • Security Deposit $1,000
  • Property Available on 2/14/25
  • Tenant pays for cable TV, electricity, sewer, trash collection
  • 12 Month Lease Term
  • $55 Application Fee
  • Assessor Parcel Number S294000000003700

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

Parking

1

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Cable TV, Electricity, Sewer, Trash Collection
  • Available Date: 2025-02-14
  • Security Deposit: 1000
  • GMAR_RentSpreeYN: No

Listing Details

  • Directions: Drive down S Bentsen Rd, Turn left on W U.S. Business 83, Drive down to S 49th St , Turn left on Erie Ave, Property will be on your right.
  • Year Built: 2007
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.2021
  • Subdivision Name: Shary Landing
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 2
  • Availability: Immediate
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1100
  • Master Bedroom Features: Shower Only

Exterior Features

  • Exterior Features: None
  • Interior Amenities: Ceiling Fan(s), Dryer, Washer
  • Home Warranty: No
  • Pool YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Parking Features: Attached
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: In Garage
  • 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
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Application Fee: 55

Schools

  • Elementary School: Romero
  • 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: 8803.0404
  • Parcel #: S294000000003700
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 12396

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2022
Sold by
6 Mld Llc
Bought by
Trevino Alberto and Trevino Yendi Mariel
Current Estimated Value
$430,000

Purchase Details

Closed on
Oct 7, 2021
Sold by
Nguyen Andrew C and Le My Anh
Bought by
Liong Mark U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2008
Sold by
Rgv Capital Inc
Bought by
Nguyen Andrew C and Le My Anh T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,200
Interest Rate
6.11%
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
Trevino Alberto -- Corporation Service
Liong Mark U -- Edwards Abstract
Nguyen Andrew C -- San Jacinto Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Trevino Alberto $369,000
Closed Trevino Alberto $313,500
Previous Owner Liong Mark U $300,000
Previous Owner Nguyen Andrew C $281,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 Rented $1,000 0.0% --
04/06/2025 04/06/25 Off Market $1,000 -- --
03/19/2025 03/19/25 Price Changed $1,000 -9.1% $1 / Sq Ft
02/18/2025 02/18/25 For Rent $1,100 +22.2% --
04/20/2018 04/20/18 Rented $900 0.0% --
04/20/2018 04/20/18 For Rent $900 -- --
11/18/2016 11/18/16 Rented -- -- --
11/18/2016 11/18/16 For Rent -- -- --
03/09/2015 03/09/15 Rented -- -- --
03/09/2015 03/09/15 For Rent -- -- --
06/20/2013 06/20/13 Rented -- -- --
06/20/2013 06/20/13 For Rent -- -- --
07/19/2012 07/19/12 Rented -- -- --
07/19/2012 07/19/12 For Rent -- -- --
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
2024 $12,396 $537,550 $85,905 $451,645
2023 $12,536 $542,906 $85,905 $457,001
2022 $10,867 $433,477 $85,905 $347,572
2021 $9,970 $386,871 $83,275 $303,596
2020 $10,449 $387,439 $83,275 $304,164
2019 $8,682 $314,905 $83,275 $231,630
2018 $7,384 $267,413 $78,892 $188,521
2017 $9,770 $352,578 $78,892 $273,686
2016 $6,112 $220,557 $71,792 $148,765
2015 $5,659 $214,532 $69,000 $145,532
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 461726

Greater McAllen Association of REALTORS®

APN: S2940-00-000-0037-00