$520,000
$20K PRICE DROP

5205 N Hiawatha Dr Pharr, TX 78577

Estimated payment $3,742/month

Total Views 1,953
-- Bed
-- Bath
4,292 Sq Ft
$121 Price per Sq Ft

Highlights

  • Gated Community
  • High Ceiling
  • Built-In Features
  • Corner Lot
  • Double Pane Windows
  • Walk-In Closet

About This Home

Corner lot NEW Build 2022 FULLY LEASED 4-plex community in Pharr's gated Heights at Minnesota. Portfolio of 5 Fourplexes buy 1 or all 5! Large and well designed Fourplex that includes ALL 3 bedroom /2 bath units featuring rock and brick VERY low maintenance exterior and attention to quality and detail interior. Located close to McAllen, near blocks of medical DHR and Childrens Hospital, UTRGV, City Center, restaurants, shopping, La Plaza Mall right in the middle of everything. These units are perfect for anyone one looking for an investment property. Tenants pay all utilities, owner pays only house meters for sprinklers, exterior lights and trash.

Listing Agent

Janet Clement

Bryan Bjerke Listed on: 05/22/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,571

Year Built

  • Built in 2022

Lot Details

  • 0.25 Acre Lot
  • Wood Fence
  • Corner Lot
  • Sprinkler System

HOA Fees

  • $50 Monthly HOA Fees

Home Design

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

Interior Spaces

  • Walk-In Closet
  • 4,292 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Porcelain Tile
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Garage
  • 8 Carport Spaces
  • Side Facing Garage

Schools

  • Gonzalez Elementary School
  • Cathey Middle School
  • Psja High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 378503000002900

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • The Heights Of Minnesota Association
  • Minnesota Heights Subdivision

Building Details

  • Insurance Expense $2,400
  • Maintenance Expense $2,184
  • Gross Income $43,616

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,571

Year Built

Built in 2022

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Directions: Between Sugar and Cage on Minnesota
  • Year Built: 2022
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2521
  • Road Surface Type: Paved
  • Subdivision Name: Minnesota Heights
  • Carport Y N: Yes
  • Garage Yn: No
  • Building Stories: 1
  • GMAR_Escrow: 3
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range-Electric Coil, Washer
  • Flooring: Porcelain Tile
  • Living Area: 4292
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

  • Exterior Features: Rock Yard, Sprinkler System
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Decorative/High Ceilings, Dryer, Microwave, Walk-In Closet(s), Washer
  • Fencing: Wood
  • Lot Features: Corner Lot, Curb & Gutters, Sidewalks, Sprinkler System
  • Home Warranty: No
  • Construction Type: Brick, Stone
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Closet
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Gated, Sidewalks, Street Lights
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Association Name: The Heights of Minnesota
  • Association: Yes

Schools

  • Elementary School: Gonzalez
  • High School: PSJA H.S.
  • Junior High Dist: PSJA ISD
  • Middle Or Junior School: Cathey

Lot Info

  • Lot Size Sq Ft: 10981.0404
  • Parcel #: 378503000002900

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10571

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 43616
  • Insurance Expense: 2400

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

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Price Changed $520,000 -3.7% $121 / Sq Ft
05/22/2025 05/22/25 For Sale $539,900 -3.6% $126 / Sq Ft
08/03/2023 08/03/23 Sold -- -- --
02/14/2023 02/14/23 For Sale $560,000 -- $130 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
Source: Greater McAllen Association of REALTORS®

Source: Greater McAllen Association of REALTORS®

MLS Number: 471936

Greater McAllen Association of REALTORS®