Last Remaining Lot in Shary Landing | 0.21 ±AC | Zoned R-2 | McAllen, TX

408 S 49th St, Mcallen, TX 78501

Property Information

  • For Sale $140,000
  • Property Type VacantLand
  • Lot Size 0.21 Acre
  • Date Updated Sep 3, 2026

Description

Located between Mission and McAllen, just south of the U.S. Business 83 (Old 83) Shary Road is about 2 minutes west and Ware Road about 3 minutes east, with (Expressway 83 / Interstate 2) just south for access across the Rio Grande Valley. H-E-B plus!, Walmart Supercenter, and The Home Depot are all under a mile west at the Shary Road and (Expressway 83 / Interstate 2) retail node. The McAllen Convention Center is about a mile east and the Mission Event Center about a half mile west.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.

Highlights

  • ±9,010 SF (±0.21 Acres)
  • City Water & Sewer Available at Street
  • Deed-Restricted for Multi-Family Residential Use
  • Established HOA Construction Standards (Refer to Architectural Requirements)
  • Fully Built-Out Subdivision Platted & Developed 20062007
  • Located Between Mission & McAllen, TX
  • Outside the 500-Year Floodplain (Flood Zone X)
  • Paved Street with Curb & Sidewalk in Place
  • Ready to Build No Platting or Infrastructure Work Required
  • Sharyland ISD (±0.7 mi to Sharyland High School, ±0.3 mi to Martinez Elementary)
  • Zoned R-2- Duplex-Fourplex Residential

Contacts

Location

Located at 408 S 49th St, Mcallen, TX 78501, this property is part of the McAllen neighborhood and McAllen market.

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