$528,888
SOLD JAN 5, 2026
Last list price

903 W Smith Dr Pharr, TX 78577

-- Bed
-- Bath
4,352 Sq Ft
0.26 Acres

Recently Sold

$122 Per Sq Ft

237 Days on Market

Highlights

  • Gated Community
  • High Ceiling
  • Walk-In Closet
  • Mature Trees
  • Covered Patio or Porch
  • Laundry Room

About This Home

As of January 2026

Location Location!! Check out this amazing 4-plex! The current tenant has been in the units for the past 5 years. One unit is on a short-term lease, providing consistent income of $1500-$1800 per month. The three-bedroom units rent for $1,250, and the two-bedroom units are renting at just $1,100—significantly below the market rate in this subdivision, with potential for rent increases. Schedule your showing today! All appliances and furniture included in the short-term lease will be part of the sale! For questions or inquiries, please contact the listing agent—happy to assist you! Kindly do not disturb the tenants. The seller is willing to wait for the right buyer. Feel free to share this listing on your social media. Realtors and brokers, please share!

Last Agent to Sell the Property

Kevin Joseph Martinez

Monarca Real Estate Group Llc Listed on: 05/05/2025

Last Buyer's Agent

Jose Correa

Star Realty Group, Llc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,130

Year Built

  • Built in 2020

Lot Details

  • 0.26 Acre Lot
  • Wood Fence
  • Sprinkler System
  • Mature Trees

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 8 Carport Spaces

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • Walk-In Closet
  • 4,352 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Electric Cooktop
  • Stove
  • Microwave

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Hidalgo Elementary School
  • Kennedy Middle School
  • Psja South West High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Energy-Efficient Thermostat
  • Covered Patio or Porch

Listing and Financial Details

  • Assessor Parcel Number C180400000002300

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Associa HOA Mgt. Association
  • Carmel Estates Subdivision

Building Details

  • Insurance Expense $2,170
  • Maintenance Expense $500
  • Gross Income $60,000

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,130

Year Built

Built in 2020

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Directions: Head south on Cage, then turn right (west) onto Ridge Ridge. The second subdivision on the left is located just before Jackson Road. One unit is available for showings, while the other will be available once the offer is accepted.
  • Year Built: 2020
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2602
  • Road Surface Type: Paved
  • Subdivision Name: Carmel Estates
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Efficiency: Attic Fans, Other, Thermostat
  • Building Stories: 1
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Smooth Electric Cooktop, Dryer, Microwave, Other, Refrigerator, Stove/Range
  • Flooring: Tile
  • Living Area: 4352

Exterior Features

  • Exterior Features: Mature Trees, Sprinkler System
  • Interior Amenities: Ceiling Fan(s), Decorative/High Ceilings, Microwave, Walk-In Closet(s), Washer
  • Fencing: Wood
  • Lot Features: Mature Trees, Sidewalks, Sprinkler System
  • Home Warranty: No
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Covered Patio
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: Other Garage or Carport

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Gated, Sidewalks, Street Lights
  • Amenities: Property Owners' Assoc.
  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Association Name: ASSOCIA HOA MGT.
  • Association: Yes

Schools

  • Elementary School: Hidalgo
  • High School: PSJA South West H.S.
  • Junior High Dist: PSJA ISD
  • Middle Or Junior School: Kennedy

Lot Info

  • Lot Size Sq Ft: 11333.8764
  • Parcel #: C180400000002300

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 15130

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 4
  • Annual Gross Income: 60000
  • Insurance Expense: 2170

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2025
Closed on
Jan 2, 2026
Sold by
Vergel Dedios Marilen Dantis and Martinez Kevin P
Bought by
Sanchez Gustavo Vargas
Seller's Agent
Kevin Joseph Martinez
Monarca Real Estate Group Llc
Buyer's Agent
Jose Correa
Star Realty Group, Llc
List Price
$528,888
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-66.67%

Purchase Details

Closed on
Mar 10, 2020
Sold by
Rocio Heights Apartments Llc
Bought by
Dios Marilen Dantis Vergel De and Martinez Kevin Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,062
Interest Rate
3.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Warranty Deed -- Dante Title
Vendors Lien -- Sierra Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $376,062 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2026 01/05/26 Sold -- -- --
12/29/2025 12/29/25 Pending -- -- --
11/27/2025 11/27/25 Price Changed $528,888 0.0% $122 / Sq Ft
11/27/2025 11/27/25 For Sale $528,888 -10.2% $122 / Sq Ft
10/17/2025 10/17/25 Pending -- -- --
09/22/2025 09/22/25 Price Changed $588,888 -6.4% $135 / Sq Ft
05/05/2025 05/05/25 For Sale $628,888 -- $145 / Sq Ft
Source: Greater McAllen Association of REALTORS®

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 $15,130 $503,432 $147,372 $356,060
2024 $15,130 $564,122 $147,372 $416,750
2023 $14,180 $529,054 $107,695 $421,359
2022 $9,939 $354,358 $105,428 $248,930
2021 $10,506 $367,822 $105,428 $262,394
2020 $8,919 $308,327 $105,428 $202,899
Source: Public Records

Agents Affiliated with this Home

  • Kevin Joseph Martinez

    Seller's Agent in 2026

    Kevin Joseph Martinez

    Monarca Real Estate Group Llc

    (956) 651-2013

    8 in this area

    82 Total Sales

    Kevin Joseph Martinez
    Section Image
  • Jose Correa

    Buyer's Agent in 2026

    Jose Correa

    Star Realty Group, Llc

    (956) 746-6741

    8 in this area

    39 Total Sales

    Jose Correa
    Section Image
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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 470435

Greater McAllen Association of REALTORS®

APN: C1804-00-000-0023-00

Texas Hidalgo County Pharr 78577

903 W Smith Dr, Pharr, TX

Sold

MultiFamily

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