
$525,000
1300 N 47th St, McAllen, TX, 78501
About this property
Turnkey investment opportunity in Shary Estates! This fully leased fourplex offers immediate rental income with all four units currently occupied. The property features a desirable unit mix of two 2-bedroom units and two 3-bedroom units, with each unit offering 2 full bathrooms, private backyard, and its own patio. Located in an established area with convenient access to shopping, dining, schools and STC college along with major roadways. A great opportunity for investors looking to add a fully occupied, income-producing multi family property to their portfolio!
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: McAllen
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