$435,000

701 Cancun Pharr, TX 78577

Estimated payment $2,355/month

Total Views 11,690
-- Bed
-- Bath
900 Sq Ft
$483 Price per Sq Ft

Highlights

  • High Ceiling
  • Tile Flooring
  • Wood Fence
  • Laundry Room
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

Beautiful investment property in Pharr Tx by the expressway close to shopping centers and eaterys. 4 unit fourplex that has fully rented since owned. Each unit brings in 850$ in rent all 2 bed 2 full bath with all appliances included and washer/dryer. Roof is faily new and ac units as well. All units have been well taken care of and maintained well after every tenant leaves.

Listing Agent

Israel Silva

Encore Fine Properties Listed on: 07/05/2025

Encore Fine Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,000

Year Built

  • Built in 2005

Lot Details

  • 5,000 Sq Ft Lot
  • Wood Fence

Home Design

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

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Tile Flooring
  • Electric Range

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • 2 Carport Spaces
  • Rear-Facing Garage

Schools

  • Pharr Elementary School
  • Psja North High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1111111111

Community Details

Overview

  • Property has a Home Owners Association
  • Vip Estates Association
  • Vip Estates Subdivision

Building Details

  • Insurance Expense $1
  • Maintenance Expense $1
  • Gross Income $3,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,000

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Directions: 701 CANCUN IN PHARR TX 78577 INSIDE VIP ESTATES
  • Year Built: 2005
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1148
  • Road Surface Type: Gravel
  • Subdivision Name: Vip Estates
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Other
  • Building Stories: 1
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Other, Refrigerator, Stove/Range-Electric Coil, Washer
  • Flooring: Tile
  • Living Area: 900

Exterior Features

  • Exterior Features: Other
  • Interior Amenities: Decorative/High Ceilings, Dryer, Other, Washer
  • Fencing: Wood
  • Home Warranty: No
  • Construction Type: Brick, Other
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Parking Features: Garage Faces Rear

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 Fee Frequency: Annually
  • Association Name: vip estates
  • Association: Yes

Schools

  • Elementary School: Pharr
  • High School: PSJA North H.S.
  • Junior High Dist: PSJA ISD
  • Middle Or Junior School: Out of Area

Lot Info

  • Lot Size Sq Ft: 4999.8168
  • Parcel #: 1111111111

Building Info

  • Buildings: 1

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1000

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 4
  • Annual Gross Income: 3400
  • Insurance Expense: 1

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
2025 $8,128 $340,000 $88,500 $251,500
2024 $8,128 $303,042 $59,295 $243,747
2023 $7,735 $288,611 $59,295 $229,316
2022 $7,398 $263,766 $44,250 $219,516
2021 $6,688 $234,158 $44,250 $189,908
2020 $6,834 $236,259 $44,250 $192,009
2019 $7,119 $242,928 $44,250 $198,678
2018 $6,536 $221,744 $44,250 $177,494
2017 $5,289 $177,936 $44,250 $133,686
2016 $5,323 $179,058 $49,118 $129,940
2015 $4,675 $177,821 $49,118 $128,703
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2025 07/05/25 For Sale $435,000 -- $483 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Source: Greater McAllen Association of REALTORS®

MLS Number: 475316

Greater McAllen Association of REALTORS®

APN: V0125-00-000-0002-00