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$399,999

1208 W Fig Ave, Pharr, TX, 78577

On MarketInfo
Beds Beds
Baths8 Bath
Baths4,710 Sq Ft
QuadruplexQuadruplex
price_per_sqft$84.93 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms Full 8Bathrooms Full 8
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built2006
Stories2
Roof Type105

Land Information

APNS6779-00-000-0004-00
Lot Number4
SubdivisionSugar Creek Estates
Land UseResidential
Legal DescriptionSUGAR CREEK ESTATES LOT 4
Census Tract021704
Assessed Land Value$84,050
Assessed Improvement Value$430,222
Assessment Year2025

About this property

This well-maintained fourplex at 1208 Fig Ave, Pharr, TX is a fantastic opportunity for investors or anyone looking to grow a rental portfolio. The property features four spacious units, with three currently rented, providing steady cash flow, and one vacant unit, offering the potential for additional income. Each unit is designed with a practical layout, including a comfortable living area, functional kitchen, and private bedrooms, making them appealing to tenants. Conveniently located near schools, shopping centers, restaurants, and major roadways, this property offers tenants easy access to everything they need. The location ensures long-term rental appeal, while the mix of occupied and vacant units gives the owner flexibility to maximize returns. Whether you’re an experienced investor or looking to start your first multi-unit property, this fourplex combines income potential with a prime Pharr location.

Investor Tools

$153,020Estimated Mortgage Balance
$482,811Estimated Equity
85% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,798 /month
Positive
Cash Flow Estimate:
$1,266 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,362/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,176
$514,272
2025
$84,050
$430,222
$514,272
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,176
$514,272

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Commercial
$224,617
No
First
Jun 11, 2012
Jul 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$153,020
$868,980
85%
24%
$1,347/mo

City: Pharr