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Sold on 11/11/2024
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1404 W Fig Ave, Pharr, TX 78577

  • $435,000

    Last sold 11/11/2024 for $435K

  • —

    bed

  • —

    bath

  • 4,710

    Sqft ($92/Sqft)

Multi-family not for sale
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About 1404 W Fig Ave

Property type Multi-family
Neighborhood
Year built 2006
HOA fee $42/month
Lot size 8,405 Sqft
Movoto estimate
Rental estimate
Property description
Discover this fully rented fourplex, perfectly situated for convenience and investment potential. Each of the four two-story units features spacious living with own private patio. Located in a gated neighborhood of Sugar Rd and Nolana, half a mile from highway 281 and close proximity to major city areas, this property ensures easy access to all commuter routes. Currently rented below market rates, these apartments offer significant rental increase potential. This fourplex is an ideal addition to any investor's portfolio, offering stable rental income and the potential for future appreciation in a highly sought-after area. Don't miss the chance to own this prime piece of real estate.
Listed by
Listing Agent - Paula Chapa
Listing Office - Dolce Vita Realty
Source: Greater McAllen AOR mls logo
MLS#443004 • last updated 1 year ago
Movoto checked Greater McAllen AOR for data 2 hours ago
Overview
Levels/Style 2
SubType Quadruplex
Type Residential Income
Living Area 4710, Square Feet
Status Sold
MLS # 443004
Lot Size (Acres) 0.193
Lot Size (SqFt) 8404.902
Property Tax 13401
HOA Fee Annually, 500
Year Built 2006
HOA Sugar Creek HOA, 956-630-4225
Interior
Window Features Energy Features (Double Pane Windows)
Exterior
Roof Shingle
Exterior Features Balcony
Construction Brick
Foundation Slab
# Carport Spaces 8
Parking No Garage
# Covered Spaces 8
# Parking Spaces 8
Lot Features Sidewalks
Lot Dimensions 82x103
Fencing Wood
Other Structures Outbuilding (None)
Amenities / Utilities
Green Features: Energy Efficient Attic Fans
Sewer City Sewer
Location
County Hidalgo
Subdivision Sugar Creek Estates
Elementary School Arnold
High School PSJA North H.S.
Middle School District PSJA ISD
Elementary School District PSJA ISD
Middle School Johnson
High School District PSJA ISD
Directions From Nolana Head North On Sugar. Turn Left (West) On Sugar Creek Onto Subdivision.
APN S677900000001000
Multifamily Details
# of Buildings 1
# of Separate Water Meters 4
# of Units Total 4
Maintenance Expense 450
Gross Income 45600
Insurance Expense 1100
Lot/ Land Details
Road Surface Paved
$435K
Range: $391K-$478K
Last 30 days 
Rental est.: $918/month
Gross rent multiplier: 39.5
  • Oct 2024
    mls logo MLS # 443004
  • Oct 18, 2024 Listed
    —
  • Oct 3, 2024 Pending
    —
  • Jun 28, 2024 Listed
    $438,000 (+21.7%)
  • Mar 2021
    mls logo MLS # 351172
  • Mar 20, 2021 Pending
    —
  • Mar 5, 2021 Option
    —
  • Feb 8, 2021 Listed
    $360,000 (+5.9%)
  • Feb 2021
    mls logo MLS # 335987
  • Feb 8, 2021 Withdrawn
    —
  • Sep 1, 2020 Pending
    —
  • Jun 23, 2020 Listed
    $340,000
  • Jun 2020
    mls logo MLS # 326170
  • Jun 23, 2020 Withdrawn
    —
  • Dec 31, 2019 Listed
    $340,000
  • Jul 2019
    mls logo MLS # 319008
  • Jul 22, 2019 Listed
    $340,000 (+6.6%)
  • Jul 2019
    mls logo MLS # 318925
  • Jul 21, 2019 Listed
    $319,000 (-3.0%)
  • Dec 2016
    mls logo MLS # 201965
  • Dec 14, 2016 Listed
    $329,000
  • 1404 W Fig Ave
    $435K
  • Sugar Creek Estates
    —
  • 78577
    $221K +6% y/y
  • Pharr
    $223K +7% y/y
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Statistics calculated by Movoto

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