$425,000
SOLD JUN 13, 2025
Last list price

2205 Friday Ave Pharr, TX 78577

-- Bed
-- Bath
4,368 Sq Ft
0.38 Acres

Recently Sold

$97 Per Sq Ft

5 Days on Market

Highlights

  • 0.38 Acre Lot
  • Laundry Room
  • Central Heating and Cooling System
  • No HOA
  • Tile Flooring
  • Wood Fence

About This Home

As of June 2025

Rare Owner Financing Opportunity at 5.5% Interest!
This fully leased 4-plex in Pharr offers immediate cash flow with favorable terms that are nearly impossible to find in today’s high-rate market. Featuring a mix of 2-bedroom and 3-bedroom units with solid rental history and room for rent increases. Recent improvements include a new roof installed last year. With only $100,000 down, this is a perfect opportunity for investors looking to secure a stable asset in a strong rental corridor. Located just off the expressway and 495 for easy access.

Last Agent to Sell the Property

Arturo Vizcaino

Imperio Real Estate Llc Listed on: 06/06/2025

Imperio Real Estate Llc

Last Buyer's Agent

Imelda Mendoza

Ursa Real Estate

Ursa Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,969

Year Built

  • Built in 2006

Lot Details

  • 0.38 Acre Lot
  • Wood Fence

Parking

  • 8 Carport Spaces

Home Design

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

Interior Spaces

  • 4,368 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Electric Cooktop

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Jackson Elementary School
  • Travis Middle School
  • Psja North High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number F244500000001100

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Ferguson Paradise Estate Subdivision

Building Details

  • Insurance Expense $240
  • Maintenance Expense $100
  • Gross Income $42,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,969

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Directions: Travel S on Ferguson, turn Right on Friday
  • Year Built: 2006
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3782
  • Road Surface Type: Paved
  • Subdivision Name: Ferguson Paradise Estate
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Other
  • Building Stories: 1
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Electric Cooktop, Dryer, Refrigerator, Washer
  • Flooring: Tile
  • Living Area: 4368

Exterior Features

  • Exterior Features: Other
  • Interior Amenities: Other
  • Fencing: Wood
  • 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: Detached

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer

Condo/Co-op/Association

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

Schools

  • Elementary School: Jackson
  • High School: PSJA North H.S.
  • Junior High Dist: PSJA ISD
  • Middle Or Junior School: Travis

Lot Info

  • Lot Size Sq Ft: 16476.1344
  • Parcel #: F244500000001100

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10969

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 4
  • Annual Gross Income: 42600
  • Insurance Expense: 240

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2025
Closed on
Jun 12, 2025
Sold by
Burgess Larry and Burgess Sandra
Bought by
Tunches Noriega Selvin
Seller's Agent
Arturo Vizcaino
Imperio Real Estate Llc
Buyer's Agent
Imelda Mendoza
Ursa Real Estate
List Price
$425,000
Views
3
Current Estimated Value
$385,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.85%
Original Mortgage
$315,000
Outstanding Balance
$307,408
Interest Rate
6.76%
Mortgage Type
Seller Take Back
Estimated Equity
$78,427

Purchase Details

Closed on
May 13, 2010
Sold by
Citimortgage Inc
Bought by
Burgess Larry and Burgess Sandra

Purchase Details

Closed on
Feb 3, 2010
Sold by
Reyes Anel Y
Bought by
Citimortgage Inc

Purchase Details

Closed on
Nov 15, 2006
Sold by
South Stonebridge Development & Const In
Bought by
Reyes Anel Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,691
Interest Rate
6.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 16, 2006
Sold by
Mirsa Properties Llc
Bought by
South Stonebridge Development & Con

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,900
Interest Rate
6.63%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 19, 2005
Sold by
Moya Ezequiel and Moya Maria E
Bought by
Mirsa Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 -- Dante Title
Special Warranty Deed -- Security Land Title Co
Trustee Deed -- None Available
Warranty Deed -- None Available
Vendors Lien -- None Available
Vendors Lien -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $315,000 Seller Take Back
Previous Owner $189,691 Commercial
Previous Owner $186,900 Commercial
Previous Owner $32,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2025 06/13/25 Sold -- -- --
06/11/2025 06/11/25 Pending -- -- --
06/06/2025 06/06/25 For Sale $425,000 -- $97 / 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
2025 $10,326 $409,000 $122,746 $286,254
2024 $10,326 $385,000 $122,746 $262,254
2023 $9,381 $350,000 $122,746 $227,254
2022 $8,423 $300,299 $61,785 $238,514
2021 $7,743 $271,089 $61,785 $209,304
2020 $7,395 $255,659 $61,785 $193,874
2019 $7,356 $251,000 $61,785 $189,215
2018 $6,956 $236,000 $61,785 $174,215
2017 $6,730 $226,405 $61,785 $164,620
2016 $5,350 $179,976 $39,542 $140,434
2015 $5,344 $179,195 $39,542 $139,653
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 473132

Greater McAllen Association of REALTORS®

APN: F2445-00-000-0011-00