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Fourplex Built in 2024

5708 Northwestern Avenue Mission, TX 78573

5708 Northwestern Avenue, Mission, TX, 78573
$520,000
For Sale
Claim this Listing
$520,000

MULTI_FAMILY - Mission, TX

Property Size4,162 SF
Lot Size0.22 Acres
Price / SF$124.94
AddedJun 3
Days on Market42
Last RefreshJul 14 at 10:06 pm

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

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.


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.

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

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 Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

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
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