Fourplex with Fully Equipped
For Sale
$530,000
5007 Winona Drive, Pharr, TX 78577
Residential Income, Pharr, TX
Property Size4,020 SF
Lot Size0.25 Acres
Price / SF$131.84
Days on Market59
Property Features for 5007 Winona Drive
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Parking
8
Exterior features
Sprinkler System
Appliances
Electric Water Heater, Smooth Electric Cooktop, Dryer, Microwave, Refrigerator, Washer
Subdivision
West Ridge Estates
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 drive North on Sugar Rd. East on Minnesota Rd. South on Winona Dr. Property will be on your right hand side.
Standard status
Active
APN
W378503000005100
Size
4,020 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
10708
HOA Fee
$600 Annually
Utilities
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Water source
Public
Amenities
appliances included
Building Details
Year built
2021
Floors in Building
1
Number of units
4
Building materials
Stone, Stucco
Roof type
Composition
Listing Agency:
Key Realty
(956) 627-7552
Listed By:
Claudia Reyes
(956) 616-1366
Added: Aug 10
Changed: Sep 14
Last Checked: Oct 7 at 6:06PM
MLS# 510553
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.
Built in 2021, this fourplex contains 4,020 square feet across four residential units. Each unit features three bedrooms and two bathrooms, creating a consistent layout throughout the property. Appliances include refrigerators, microwaves, smooth electric cooktops, washers, dryers, and electric water heaters.
The 0.2521-acre property is located in Pharr, Texas, with access to public water. Building materials include stone and stucco, while central electric heating and central air conditioning serve the units. Exterior improvements include a sprinkler system, and the roof is composition. The property is near the expressway, restaurants, shopping centers, and other daily conveniences.
The 0.2521-acre property is located in Pharr, Texas, with access to public water. Building materials include stone and stucco, while central electric heating and central air conditioning serve the units. Exterior improvements include a sprinkler system, and the roof is composition. The property is near the expressway, restaurants, shopping centers, and other daily conveniences.
Key Highlights
- Four units, each with 3 bedrooms and 2 bathrooms
- 4,020‑square‑foot property built in 2021
- Appliances included in every unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,155
Cap Rate
6.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$703,100
$703.1K
Cap Rate 7%
$502,214
$502.2K
Cap Rate 9%
$390,611
$390.6K
Market Conditions
NOI Build-Up for 4,020 SF
Gross rent
$56.4K $14.04/SF
− Vacancy
−$6.2K −$1.55/SF
EGI
$50.2K $12.49/SF
− OpEx
−$15.1K −$3.75/SF
NOI
$35.2K $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%
$703,100
Cap Rate 7%
$502,214
Cap Rate 9%
$390,611
Alternative Uses
Best Use
Multifamily LT 5
$502.2K
$439.4K – $585.9K
NOI $35,155 @ 7.0% cap · market cap 6.63%
Second Best
Apartment 5plus
$462.4K
$404.6K – $539.5K
NOI $32,367 @ 7.0% cap · market cap 6.11%
Theoretical Best
Hotel Hospitality
$3.03M
$2.65M – $3.53M
NOI $211,955 @ 7.0% cap · market cap 39.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
407
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
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Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units offer matching three-bedroom, two-bath layouts with appliances included throughout.
Where is this quadplex located?
The property is located at 5007 Winona Drive Pharr, TX.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: Four units, each with 3 bedrooms and 2 bathrooms; 4,020‑square‑foot property built in 2021; Appliances included in every unit
