1402 W Kiwi Avenue, Pharr, TX 78577
- Added:
- Jan 16, 2026
- Days on Market:
- 144
- Last Refresh:
- Jun 9 at 10:06 am
Property Features for 1402 W Kiwi Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 2
- Parking features
- Garage
- Patio and Porch features
- Patio
- Exterior features
- Balcony
- Appliances
- Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer
- Standard status
- Active
- APN
- S677900000004200
- Size
- 4,974 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 12045
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2006
- Floors in Building
- 2
- Number of units
- 4
- Building materials
- Brick
- Roof type
- Shingle
Listing agent Yanett Rodriguez License #695607 (956) 522-8213
Listing office RE/MAX elite 2575 E Griffin Parkway, Suite 14 Suite 14, Mission, TX (956) 583-2100
Listing date Jan 16, 2026
Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Fully occupied fourplex providing immediate cash flow.
- Located in Pharr, Texas, a rapidly growing city in the Rio Grande Valley.
- Well‑maintained units ensuring consistent rental income and low vacancy risk.
- Prime location near major roads, shopping, dining, schools, and medical facilities.
- Each unit includes essential appliances: Electric Water Heater, Dryer, Refrigerator, Stove/Range, and Washer.
- Built in 2006 with brick construction and central heating/cooling.
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $69.8k | $14.04 |
| − Vacancy | −$7.7k | −$1.55 |
| EGI | $62.1k | $12.49 |
| − OpEx | −$18.6k | −$3.75 |
| NOI | $43.5k | $8.74 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Pharr
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.191013
- Latitude
- 26.23974
