Brick Quadplex with
For Sale
$520,000
1402 W Kiwi Avenue, Pharr, TX 78577
Residential Income, Pharr, TX
Property Size4,974 SF
Price / SF$104.54
Days on Market279
Property Features for 1402 W Kiwi Avenue
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Parking
2
Parking features
None
Patio and Porch features
Patio
Exterior features
Balcony
Appliances
Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer
Subdivision
Sugar Creek Estates
Lot features
Curb & Gutters
Elementary school
Arnold
Middle school
LBJ
High school
PSJA North H.S.
Elementary school district
PSJA ISD
Middle school district
PSJA ISD
High school district
PSJA ISD
Directions
From Nolana and Sugar Rd drive north and in .5 miles the entrance to the subdivision is on your left, in half block the property will be on your right
Standard status
Active
APN
S677900000004200
Size
4,974 SF
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
12045
HOA Fee
$550 Annually
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 Agency:
RE/MAX elite · RE/MAX International
(956) 583-2100
Listed By:
Yanett Rodriguez
(956) 522-8213
Added: Jan 16
Changed: Oct 8
Last Checked: Oct 22 at 8:06PM
MLS# 492257
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.
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Investment Insights
Based on property information with market context.
This 4,974-square-foot quadplex in Pharr contains four residential units and was built in 2006. The brick structure includes balconies and patio areas, with central heating and central air serving the property. Unit appliances include refrigerators, stove/ranges, washers, and dryers, while the property is connected to public water service and has a shingle roof.
The property is located at 1402 W Kiwi Avenue in Pharr, Texas 78577. It is fully occupied and includes no designated parking, providing a straightforward multifamily configuration with established occupancy and existing residential improvements.
The property is located at 1402 W Kiwi Avenue in Pharr, Texas 78577. It is fully occupied and includes no designated parking, providing a straightforward multifamily configuration with established occupancy and existing residential improvements.
Key Highlights
- 4,974‑square‑foot quadplex with four residential units
- Built in 2006 with brick construction and a shingle roof
- Fully occupied property in Pharr, TX 78577
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,497
Cap Rate
8.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$869,940
$869.9K
Cap Rate 7%
$621,386
$621.4K
Cap Rate 9%
$483,300
$483.3K
Market Conditions
NOI Build-Up for 4,974 SF
Gross rent
$69.8K $14.04/SF
− Vacancy
−$7.7K −$1.55/SF
EGI
$62.1K $12.49/SF
− OpEx
−$18.6K −$3.75/SF
NOI
$43.5K $8.74/SF
Area
Hidalgo County, TX
Vacancy
11.02%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$869,940
Cap Rate 7%
$621,386
Cap Rate 9%
$483,300
Alternative Uses
Best Use
Multifamily LT 5
$621.4K
$543.7K – $725.0K
NOI $43,497 @ 7.0% cap · market cap 8.36%
Second Best
Apartment 5plus
$572.1K
$500.6K – $667.5K
NOI $40,048 @ 7.0% cap · market cap 7.70%
Theoretical Best
Hotel Hospitality
$3.75M
$3.28M – $4.37M
NOI $262,254 @ 7.0% cap · market cap 50.43%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
329
Businesses Nearby
Explore this area
Business Placement
Demographics for 78577, TX
79,937
Population
26,568
Households
3
Avg Household Size
30
Median Age
18%
College-Educated
70%
High-School Grad
26.0 sq mi
ZIP Area
3,075
Density / Sq Mi
$49,768
Median Household Income
$28,186
Median Earnings
$988
Median Rent
$111,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied four-unit property with central HVAC, in-unit appliances, patios, and public water service.
Where is this quadplex located?
The property is located at 1402 W Kiwi Avenue Pharr, TX.
What is the asking price?
The asking price for this property is $520,000.
What are key features of this property?
This property features: 4,974‑square‑foot quadplex with four residential units; Built in 2006 with brick construction and a shingle roof; Fully occupied property in Pharr, TX 78577
