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408 S 49th St
McAllen, TX 78501
Land For Sale
·
0.21 AC
Investment Highlights
- One of the last undeveloped lots within Shary Landing.
- City water and sewer are available at the street.
- Approximately 85 feet of frontage on a paved street.
- Curb and sidewalk improvements are already in place.
Executive Summary
The site features approximately 85 feet of frontage along a paved public street with curb and sidewalk infrastructure already in place. Municipal water and sewer service are available at the street, supporting efficient project planning and development. Its location provides convenient access to Shary Road, Ware Road, U.S. Business 83, and Interstate 2, connecting residents to major employment, retail, healthcare, and educational destinations throughout the Rio Grande Valley.
McAllen remains one of South Texas' principal commercial and population centers, benefiting from cross-border trade activity, healthcare expansion, education, and regional retail demand. The property's position within an established neighborhood allows investors and developers to pursue residential development in a market supported by ongoing housing demand and regional growth.
With surrounding development already completed, buyers can evaluate the property within a mature built environment while benefiting from existing infrastructure and neighborhood character. The combination of residential zoning, utility availability, established surroundings, and regional accessibility creates an attractive opportunity for developers, builders, and investors seeking a residential land acquisition in the McAllen market.
Property Facts
| Sale Type | Investment or Owner User | Property Subtype | Residential |
| No. Lots | 1 | Proposed Use | Single Family Residence |
| Property Type | Land | Total Lot Size | 0.21 AC |
| Zoning | R-2 - Residential | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Residence |
| Total Lot Size | 0.21 AC |
| Zoning | R-2 - Residential |
1 Lot Available
Lot
| Price | $193,689 CAD | Lot Size | 0.21 AC |
| Price Per AC | $922,326.64 CAD |
| Price | $193,689 CAD |
| Price Per AC | $922,326.64 CAD |
| Lot Size | 0.21 AC |
Last remaining undeveloped lot in the established Shary Landing subdivision. Approximately 0.21 acres with paved street frontage, curb and sidewalk improvements, and city water and sewer available. Convenient access to Shary Road, Business 83, and In
Description
SVN | Hanna Solutions Commercial Real Estate is pleased to present 408 S. 49th Street a ±9,010 SF (0.21±AC) Multi-Family vacant lot in Shary Landing Subdivision, located between Mission and McAllen, Texas. Platted and developed in 2006–2007, Shary Landing is a fully built-out 70-lot subdivision developed with two-story brick multi-unit residential buildings. This is one of the last remaining vacant lots. The site is ready to build, with 85 feet of frontage on a paved street with curb and sidewalk in place, city water and sewer at the street, and a Flood Zone X designation. Recorded deed restrictions allow multi-family residential use, while R-2 zoning supports duplex or fourplex development consistent with the product already built next door. Established HOA standards provide a clear development framework. See Architectural Requirements for details. The location is a real advantage for the buyer and for future tenants. The property sits inside McAllen city limits but within Sharyland ISD, with Sharyland High School ±0.7 miles away. Shary Road is about 2 minutes out and Ware Road about 3, with H-E-B plus!, Walmart Supercenter, and The Home Depot all under a mile. Investment opportunity for a builder or investor to add new rental units in an established, stabilized neighborhood with a strong location and proven demand.
Property Taxes
| Parcel Number | S2940-00-000-0003-00 | Improvements Assessment | $0 CAD |
| Land Assessment | $121,758 CAD | Total Assessment | $121,758 CAD |
Property Taxes
