Estimated payment $2,723/month
Highlights
- No HOA
- Tile Flooring
- Wood Fence
- Laundry Room
- Central Heating and Cooling System
- 1-Story Property
About This Home
Well-positioned fourplex in Pharr offering a fully leased multifamily investment with all units featuring 2 bedrooms and 2 bathrooms. Located in a highly accessible area just south of Nolana and east of Sugar Rd, providing quick access to retail centers, restaurants, and major roadways. An excellent income-producing opportunity. Don't miss out!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,897
Year Built
- Built in 2006
Lot Details
- 8,488 Sq Ft Lot
- Wood Fence
Home Design
- Quadruplex
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
- Stucco
Interior Spaces
- 3,422 Sq Ft Home
- 1-Story Property
- Tile Flooring
- Fire and Smoke Detector
- Electric Range
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 8 Carport Spaces
- No Garage
Schools
- Arnold 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 L635602000001700
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
- Los Pinos Estate Ph 2 Subdivision
Building Details
- Insurance Expense $2,500
- Maintenance Expense $4,500
- Gross Income $42,898
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,778 | $295,000 | $84,880 | $210,120 |
| 2024 | $7,778 | $290,000 | $56,870 | $233,130 |
| 2023 | $7,773 | $290,000 | $56,870 | $233,130 |
| 2022 | $6,892 | $245,729 | $56,870 | $188,859 |
| 2021 | $7,019 | $245,729 | $56,870 | $188,859 |
| 2020 | $7,169 | $247,821 | $56,870 | $190,951 |
| 2019 | $7,264 | $247,891 | $56,870 | $191,021 |
| 2018 | $6,548 | $222,154 | $56,870 | $165,284 |
| 2017 | $5,507 | $185,265 | $56,870 | $128,395 |
| 2016 | $4,933 | $165,966 | $56,870 | $109,096 |
| 2015 | $4,433 | $173,992 | $56,870 | $117,122 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/08/2026 01/08/26 | For Sale | $395,000 | +31.9% | $115 / Sq Ft | |
| 01/12/2022 01/12/22 | Sold | -- | -- | -- | View Prior Sale |
| 11/10/2021 11/10/21 | Pending | -- | -- | -- | |
| 11/10/2021 11/10/21 | For Sale | $299,500 | 0.0% | $88 / Sq Ft | |
| 11/10/2021 11/10/21 | Off Market | -- | -- | -- | |
| 11/09/2021 11/09/21 | For Sale | $299,500 | -- | $88 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Corporation Service | |
| Vendors Lien | -- | Valley Land Title | |
| Vendors Lien | -- | San Jacinto Title Services |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $230,000 | New Conventional | |
| Previous Owner | $165,000 | Construction | |
| Previous Owner | $184,000 | Commercial |
Source: Greater McAllen Association of REALTORS®
MLS Number: 490748
APN: L6356-02-000-0017-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Greater McAllen Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed.
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