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

408 S 49th St, McAllen, TX, 78501

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

Property highlights

  • ±9,010 SF (±0.21 Acres)
  • Zoned R-2- Duplex-Fourplex Residential
  • Deed-Restricted for Multi-Family Residential Use
  • Ready to Build — No Platting or Infrastructure Work Required
  • City Water & Sewer Available at Street
  • Paved Street with Curb & Sidewalk in Place
  • Outside the 500-Year Floodplain (Flood Zone X)
  • Fully Built-Out Subdivision — Platted & Developed 2006–2007

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.