$398,000

1208 S Diplomat Dr Pharr, TX 78577

Estimated payment $2,962/month

Total Views 1,008
-- Bed
-- Bath
3,692 Sq Ft
$108 Price per Sq Ft

Highlights

  • No HOA
  • Laundry closet
  • Central Heating and Cooling System
  • Walk-In Closet
  • Tile Flooring
  • Ceiling Fan

About This Home

Fantastic investment opportunity in the highly sought-after Sam Houston Heights. This fourplex is in a prime location off Frontage Rd, near Top Golf, upscale restaurants, and McAllen medical centers, generating an annual gross income of $39,240. The property features several recent updates, including a new outside A/C unit in Apartment #4 and brand-new tankless water heaters installed in the attic for all four units in 2024. Apartments #2 and #4 have been remodeled with new light fixtures, modern sink faucets, updated hardware, freshly painted gray cabinets, and contemporary ceiling fans.

Listing Agent

Janet Wallace

Jade Real Estate Llc Listed on: 07/28/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,725

Year Built

  • Built in 2006

Lot Details

  • 8,288 Sq Ft Lot
  • Wood Fence

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,692 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Microwave

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Garage
  • 8 Carport Spaces
  • Rear-Facing Garage

Schools

  • Aida C. Escobar Elementary School
  • Kennedy Middle School
  • Psja South West High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number S025700000003400

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Sam Houston Heights Subdivision

Building Details

  • Insurance Expense $1,500
  • Maintenance Expense $1,740
  • Gross Income $39,240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,725

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Directions: Turn left off E Frontage Rd, then take a slight left to merge onto I-2 East. Take exit 143B toward Jackson Ave/Sam Houston Ave. Turn right onto E Jackson Ave, then right onto S Palm Dr. Next, turn right onto W Daffodil Ave and left onto S Diplomat Dr. The property will be on your right.
  • Year Built: 2006
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1903
  • Road Surface Type: Paved
  • Subdivision Name: Sam Houston Heights
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Other
  • Building Stories: 1
  • GMAR_Escrow: 4000
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer
  • Flooring: Tile
  • Living Area: 3692

Exterior Features

  • Exterior Features: Other
  • Interior Amenities: Ceiling Fan(s), Dryer, Microwave, Split Bedrooms, Walk-In Closet(s), Washer
  • Fencing: Wood
  • Lot Features: Curb & Gutters
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 8

Utilities

  • Utilities: Cable Available
  • Laundry Features: Laundry Closet, Washer/Dryer Connection
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: City Sewer

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights
  • Association: No

Schools

  • Elementary School: Aida C. Escobar
  • High School: PSJA South West H.S.
  • Junior High Dist: PSJA ISD
  • Middle Or Junior School: Kennedy

Lot Info

  • Lot Size Sq Ft: 8288.1612
  • Parcel #: S025700000003400

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9725

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 4
  • Annual Gross Income: 39240
  • Insurance Expense: 1500

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,725 $362,581 $88,682 $273,899
2023 $9,807 $365,895 $88,682 $277,213
2022 $8,075 $287,887 $64,232 $223,655
2021 $6,312 $220,994 $64,232 $156,762
2020 $6,124 $211,698 $64,232 $147,466
2019 $6,053 $206,535 $46,413 $160,122
2018 $5,725 $194,236 $46,413 $147,823
2017 $5,404 $181,804 $46,413 $135,391
2016 $4,774 $160,607 $41,772 $118,835
2015 $4,616 $155,347 $41,772 $113,575
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 For Sale $398,000 +30.5% $108 / Sq Ft
08/03/2021 08/03/21 Sold -- -- --
07/26/2021 07/26/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $305,000 -- $83 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Vendors Lien -- Edwards Abstract And Ttl Co
Vendors Lien -- Charge Sierra Title
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $271,982 New Conventional
Previous Owner $152,300 Commercial
Previous Owner $158,900 Commercial
Previous Owner $45,400 Commercial
Previous Owner $100,000 Commercial
Source: Public Records

Source: Greater McAllen Association of REALTORS®

MLS Number: 477032

Greater McAllen Association of REALTORS®

APN: S0257-00-000-0034-00