$560,000

1405 W Kiwi Pharr, TX 78577

Estimated payment $4,278/month

Total Views 1,091
-- Bed
-- Bath
4,888 Sq Ft
$115 Price per Sq Ft

Highlights

  • Patio
  • Tile Flooring
  • Ceiling Fan
  • Laundry closet
  • Central Heating and Cooling System
  • Wood Fence

About This Home

Prime investment opportunity in the gated Sugar Creek community in Pharr! Located at 1405 Kiwi, this well-maintained townhouse-style fourplex (built 2015) offers four income-producing units—two with 2 bedrooms/2 bathrooms and two with 3 bedrooms/2 bathrooms. Each unit includes a private patio, covered parking, kitchen appliances, and washer/dryer connections, making the property attractive to long-term renters. The building is currently fully leased with solid, reliable tenants, providing immediate cash flow for investors seeking a stabilized asset in a desirable, secure community.

Listing Agent

Irene Uribe

Texas Landmark Realty Llc Listed on: 07/18/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,200

Year Built

  • Built in 2015

Lot Details

  • 8,405 Sq Ft Lot
  • Wood Fence

HOA Fees

  • $67 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Composition Shingle Roof
  • Stucco

Interior Spaces

  • 4,888 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Stove

Flooring

  • Carpet
  • Laminate
  • Tile

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Parking

  • Garage
  • 8 Carport Spaces
  • Front Facing Garage

Outdoor Features

  • Patio
  • Outbuilding

Schools

  • Kelly-Pharr Elementary School
  • Lbj Middle School
  • Psja North High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number S677900000002400

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Magnolia Association
  • Sugar Creek Estates Subdivision

Building Details

  • Insurance Expense $2,700
  • Maintenance Expense $720
  • Gross Income $57,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,200

Year Built

Built in 2015

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Directions: From McAllen go East on Nolana then turn left on Sugar. Property will be on the left hand side.
  • Year Built: 2015
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.193
  • Road Surface Type: Paved
  • Subdivision Name: Sugar Creek Estates
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Other
  • Building Stories: 2
  • GMAR_Escrow: 5000
  • Special Features: None
  • Stories: 2

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Refrigerator, Stove/Range
  • Flooring: Carpet, Laminate, Tile
  • Living Area: 4888

Exterior Features

  • Interior Amenities: Ceiling Fan(s)
  • Fencing: Wood
  • Home Warranty: No
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Other Structures: Outbuilding (Other)
  • Patio And Porch Features: Patio
  • Pool YN: No

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Area, Washer/Dryer Connection
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: City Sewer

Condo/Co-op/Association

  • Community Features: Other
  • Association Fee: 800
  • Association Fee Frequency: Annually
  • Association Name: Magnolia
  • Association: Yes

Schools

  • Elementary School: Kelly-Pharr
  • High School: PSJA North H.S.
  • Junior High Dist: PSJA ISD
  • Middle Or Junior School: LBJ

Lot Info

  • Lot Size Sq Ft: 8404.902
  • Parcel #: S677900000002400

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 14200

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 57000
  • Insurance Expense: 2700

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 $1,745 $575,067 $82,789 $492,278
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 For Sale $560,000 -- $115 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Source: Greater McAllen Association of REALTORS®

MLS Number: 476287

Greater McAllen Association of REALTORS®

APN: S6779-00-000-0024-00