$369,000
SOLD FEB 24, 2025
Last list price

1506 E Quail St Pharr, TX 78577

-- Bed
-- Bath
3,996 Sq Ft
9,229 Sq Ft Lot

Recently Sold

$92 Per Sq Ft

139 Days on Market

Highlights

  • Slab Porch or Patio
  • Tile Flooring
  • Ceiling Fan
  • Laundry closet
  • Central Heating and Cooling System
  • Privacy Fence

About This Home

As of February 2025

Exceptional Income-Generating Opportunity!
Don’t miss the chance to own this fully occupied four-plex, ideally located in the heart of the Valley. Conveniently near the high-traffic intersection of Veterans and Moore Rd in Pharr, this property provides prime access to the thriving communities of Pharr and McAllen, just minutes from the expressway. Whether you're an experienced investor or just starting out, this location is perfect for securing long-term tenants. All appliances are included, offering a hassle-free investment with immediate income potential. More than just a home, this property is a valuable addition to any real estate portfolio, offering consistent cash flow and long-term appreciation. Don’t miss out on this rare opportunity to enhance your investment strategy! High demand in this area ensures maximum occupancy year-round.

Last Agent to Sell the Property

Ramiro Ramirez

Exp Realty Llc Listed on: 10/02/2024

Exp Realty Llc

Last Buyer's Agent

Karen Richards

Exp Realty Llc

Exp Realty Llc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,309

Year Built

  • Built in 2006

Lot Details

  • 9,229 Sq Ft Lot
  • Privacy Fence
  • Sprinkler System

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • No Garage

Home Design

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

Interior Spaces

  • 3,996 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring

Kitchen

  • Oven
  • Electric Cooktop

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Slab Porch or Patio

Schools

  • Kelly-Pharr Elementary School
  • Escalante Middle School
  • Southwest High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number L637900000002600

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Los Senderos Subdivision Homeowner's Association, Association
  • Los Senderos Subdivision

Building Details

  • Insurance Expense $5,108
  • Maintenance Expense $210
  • Gross Income $38,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,309

Year Built

Built in 2006

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Directions: Head northeast on I-2 1.5 mi Take exit 147A toward Veterans Blvd 0.1 mi Merge onto E Expressway 83/E Frontage Rd W/U.S. 83 Frontage Rd S 0.2 mi Turn right onto N I Rd/N Veterans Blvd Pass by O'Reilly Auto Parts (on the left in 0.9 mi) 2.4 mi Turn right onto E Quail St Destination will be on the left 0.1 mi 1506 E Quail St Pharr, TX 78577
  • Year Built: 2006
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2119
  • Road Surface Type: Paved
  • Subdivision Name: Los Senderos
  • Carport Y N: No
  • Garage Yn: No
  • Efficiency: Other
  • Building Stories: 1
  • GMAR_Escrow: 4000
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Electric Cooktop, Dryer, Oven-Single, Washer
  • Flooring: Tile
  • Living Area: 3996

Exterior Features

  • Exterior Features: Sprinkler System
  • Interior Amenities: Ceiling Fan(s), Washer
  • Fencing: Privacy
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Patio Slab
  • Pool YN: No

Garage/Parking

  • Parking Features: No Carport, No Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights
  • Amenities: Property Owners' Assoc.
  • Association Fee: 350
  • Association Fee Frequency: Annually
  • Association Name: Los Senderos Subdivision Homeowner's Association,
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 9229.0572
  • Parcel #: L637900000002600
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7309

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 38400
  • Insurance Expense: 5108

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2024
Closed on
Feb 24, 2025
Sold by
1506 & 1510 Quail Street Llc
Bought by
Medina Jorge
Seller's Agent
Ramiro Ramirez
Exp Realty Llc
Buyer's Agent
Karen Richards
Exp Realty Llc
List Price
$380,000
Views
19
Current Estimated Value
$360,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.91%
Original Mortgage
$333,450
Outstanding Balance
$333,173
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$27,641
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- Edwards Abstract & Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $333,450 New Conventional
Previous Owner $298,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2025 02/24/25 Sold -- -- --
02/18/2025 02/18/25 Pending -- -- --
01/22/2025 01/22/25 Price Changed $369,000 -2.9% $92 / Sq Ft
10/02/2024 10/02/24 For Sale $380,000 -- $95 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Tax History Compared to Growth

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 $8,359 $311,647 $73,371 $238,276
2023 $8,032 $299,661 $73,371 $226,290
2022 $7,309 $260,575 $64,603 $195,972
2021 $6,574 $230,158 $42,453 $187,705
2020 $6,648 $229,810 $42,453 $187,357
2019 $6,667 $227,512 $42,453 $185,059
2018 $6,608 $224,191 $42,453 $181,738
2017 $6,559 $220,664 $42,453 $178,211
2016 $5,098 $171,504 $42,453 $129,051
2015 $5,038 $168,956 $42,453 $126,503
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 450689

Greater McAllen Association of REALTORS®

APN: L6379-00-000-0026-00