Fourplex Built in
For Sale
$520,000
5708 Northwestern Avenue, Mission, TX 78573
MULTI_FAMILY - Mission, TX
Property Size4,162 SF
Lot Size0.22 Acres
Price / SF$124.94
Days on Market61
Property Features for 5708 Northwestern Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
8
Parking features
Garage
Exterior features
Sprinkler System
Appliances
Electric Water Heater, Smooth Electric Cooktop, Dryer, Microwave, Refrigerator, Washer
Subdivision
Hills At Sharyland
Lot features
Professional Landscaping, Sidewalks, Sprinkler System
Elementary school
Olivero Garza Sr.
Middle school
Sharyland North Junior
High school
Sharyland Pioneer H.S.
Elementary school district
Edinburg ISD
Middle school district
Edinburg ISD
High school district
Edinburg ISD
Directions
From 3 Mile Line drive north on Shary Rd, pass Main Ave (5 Mile Line) Property located on East side before you reach Mile 6 Rd.
Standard status
Active
APN
H347300000006900
Size
4,162 SF
Lot size
0.22 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
1176
HOA Fee
$500 Annually
Utilities
Heating system
Electric (Heating)
Cooling system
Electric
Water source
Public
Building Details
Year built
2024
Floors in Building
1
Number of units
4
Building materials
Stucco
Roof type
Shingle
Listing Agency:
BIG Realty
(956) 465-0011
Listed By:
Deborah Agyekum-Bimpong
(956) 530-7922
Added: Jun 3
Last Checked: Aug 2 at 5:06AM
MLS# 506138
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.
Investment Insights
Based on property information with market context.
This fourplex is fully occupied and presented as an income-producing residential income property. Built in 2024, the building offers four separate units within a total of 4,162 square feet on a 0.2204-acre lot. The listing notes that all appliances are included, supporting a more turnkey setup for an owner seeking an established operating property rather than a ground-up or unoccupied conversion.
The property is located at 5708 Northwestern Avenue in Mission, Texas, within the Hills at Sharyland subdivision in Hidalgo County. According to the public remarks, the location provides convenient access to schools, shopping, dining, and major thoroughfares, which can be a practical consideration for tenant everyday needs.
For investors and buyers looking for a small multifamily asset, this offering combines recent construction with an already occupied status and included appliances. Owner finance options are also indicated in the remarks, which may broaden flexibility for qualified buyers evaluating a four-unit portfolio addition in the Mission area.
The property is located at 5708 Northwestern Avenue in Mission, Texas, within the Hills at Sharyland subdivision in Hidalgo County. According to the public remarks, the location provides convenient access to schools, shopping, dining, and major thoroughfares, which can be a practical consideration for tenant everyday needs.
For investors and buyers looking for a small multifamily asset, this offering combines recent construction with an already occupied status and included appliances. Owner finance options are also indicated in the remarks, which may broaden flexibility for qualified buyers evaluating a four-unit portfolio addition in the Mission area.
Key Highlights
- Fully occupied, income‑producing fourplex in the Hills at Sharyland subdivision
- Built in 2024 with modern construction (stucco exterior)
- Electric heating and electric cooling
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 | $58.4k | $14.04 |
| − Vacancy | −$6.4k | −$1.55 |
| EGI | $52.0k | $12.49 |
| − OpEx | −$15.6k | −$3.75 |
| NOI | $36.4k | $8.74 |
4,162 SF · lease $14.04/SF/yr · vacancy 11.02% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$520.0K
$455.0K – $606.6K
NOI $36,397 @ 7.0% cap · market cap 7.00%
Second Best
Apartment 5plus
$478.7K
$418.9K – $558.5K
NOI $33,510 @ 7.0% cap · market cap 6.44%
Theoretical Best
Hotel Hospitality
$3.13M
$2.74M – $3.66M
NOI $219,441 @ 7.0% cap · market cap 42.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
822
Businesses Nearby
Explore this area
Business Placement
Demographics for 78573, TX
42,229
Population
13,339
Households
3.2
Avg Household Size
29
Median Age
15%
College-Educated
63%
High-School Grad
36.7 sq mi
ZIP Area
1,151
Density / Sq Mi
$51,185
Median Household Income
$27,730
Median Earnings
$909
Median Rent
$154,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Modern four-unit property in Mission, TX, fully occupied and built in 2024 with appliances included.
Where is this quadplex located?
The property is located at 5708 Northwestern Avenue Mission, 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: Fully occupied, income‑producing fourplex in the Hills at Sharyland subdivision; Built in 2024 with modern construction (stucco exterior); Electric heating and electric cooling
