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    Fourplex Built in 2024 Title is generated by Realmo AI

    5708 Northwestern Avenue, Mission, TX 78573

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    Claim this Listing
    New
    For Sale
    $520,000

    MULTI_FAMILY - Mission, TX

    Property size:
    4,162 SF
    Lot size:
    0.22 Acres
    Price / SF:
    $124/SF
    Added:
    Jun 3, 2026
    Days on Market:
    7
    Last Refresh:
    Jun 9 at 6:06 am

    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
    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

    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

    We can help!

    Listing Contact
    Deborah Agyekum-Bimpong

    Listing agent Deborah Agyekum-Bimpong

    Listing office BIG Realty 4847 S Jackson Rd., Pharr, TX

    Listing date Jun 3, 2026

    MLS# 506138 Listing URL

    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, income‑producing fourplex in the Hills at Sharyland subdivision
    • Built in 2024 with modern construction (stucco exterior)
    • Electric heating and electric cooling
    • Public water source
    • Includes major appliances: refrigerator, microwave, washer and dryer, and electric water heater
    • Garage parking and sprinkler system

    Overview

    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.

    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 $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 (±1% cap)
    NOI $36,397 @ 7.0% cap · market cap 7.00%
    Second Best
    Apartment 5plus
    $478.7K
    $418.9K – $558.5K (±1% cap)
    NOI $33,510 @ 7.0% cap · market cap 6.44%
    Theoretical Best
    Hotel Hospitality
    $3.13M
    $2.74M – $3.66M (±1% cap)
    NOI $219,441 @ 7.0% cap · market cap 42.20%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Map

    City
    Mission
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.269495
    Latitude
    26.293466

    FAQs

    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
    More about this property
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