315 S 48th Ln

McAllen, TX 78501
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Sold
Sold
$420,001 - $482,000
Sold on January 30, 2024
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5,366 Sqft.
8,766 Lot Sqft
Multi-Family - Fourplex

Home value comparables

Using a REALTOR is the best way to determine the market price of a home. Start this process by viewing the third-party valuations and then contact a Realtor to determine a reasonable purchase price for a home.

Current Valuations

Home Value Comparables
AVM Value
$440K
AVM Value
$436K
AVM Value
$441K
AVM Value
$455K
Value Range
$392K - $488K
Value Range
$395K - $477K
Value Range
$383K - $507K
Value Range
$ 455,059
Confidence Score
89%

Margin of Error*: 11%
Confidence Score
95%

Margin of Error*: 9%
Confidence Score
NA
Confidence Score
NA
Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

Zestimate Home Values are provided by Zillow, Inc. Use is subject to Zillow Terms of Use and are provided as-is, as-available.
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Description

Four Unit Invesment Opportunities, Rent 3 live in 1 or rent all 4 units for maximum cash flow.

MLS#
64042087
Sold Price Range
$420,001 - $482,000
Listing Status
Sold
Address
315 S 48th Ln
City
State
TX
Zip Code
Subdivision
Shary Landing
Legal Description
SHARY LANDING LOT 34
Property Type
Multi-Family - Fourplex
Stories
2
Year Built
2007 / Appraisal District
Building Size
5,366 Sqft/Appraisal District
Lot Size
8,766 Sqft./Appraisal District
Maintenance Fee
$360 / Annually

Exterior

Roof
Composition

Interior

Cooling
Central Electric
Heating
Central Gas

Lot information

Lot Size
8,766 Sqft. /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Financial

Financing Considered
Cash Sale, Conventional, Investor, Owner Financing
Other Fees
Yes / TBD / transfer
Maintenance Fee
Yes / $360 / Annually
Maint Fee Includes
Other
Taxes w/o Exemp
$9,332/2022
Tax Rate
2.5069

Additional information

List Type
Exclusive Right to Sell/Lease
Buyer Agent Compensation*
3%
Sub Agent Compensation*
1%

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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Estimated electricity cost

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Property tax

Cost/Sqft based on tax value

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Down Payment Assistance

Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

Nearby schools view nearby schools

Noise factors

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Source

Houston Association of REALTORS
Source last updated Apr 29, 2024 at 09:17 AM
Listing last updated Feb 05, 2024 at 08:27 AM

Selling Agent and Brokerage

315 S 48th Ln, McAllen, TX 78501. View photos, map, tax, nearby homes for sale, home values, school info...

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