5103 N Winona Drive

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5103 N Winona Drive

Pharr, TX 78577
Asking Price
$515K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building located in Pharr, Texas.
  • Property consists of four residential rental units.
  • Asking price for the asset is 515000 dollars.
  • Located at 5103 N Winona Drive in the 78577 area.
  • Investment opportunity situated in a growing regional market.

What's Special

Investors seeking to expand their residential portfolio will find this four-unit multifamily asset at 5103 N Winona Drive in Pharr, Texas, a practical addition to an income-generating strategy. Positioned within the Rio Grande Valley, this apartment building benefits from the region's steady population growth and increasing demand for rental housing. The property offers a straightforward opportunity for long-term hold strategies in a market supported by regional logistics, manufacturing, and agricultural sectors. Proximity to major transportation corridors facilitates connectivity throughout the metropolitan area, making it a convenient location for residents. This asset is well-suited for buyers focused on stabilized rental income or those managing small-scale residential holdings. Current conditions in the Pharr submarket reflect ongoing economic development, providing a stable foundation for multifamily operations. Prospective owners may leverage the existing unit configuration to serve a diverse tenant base searching for quality rental options in this established Texas municipality.

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NOI
$80,000
Cap Rate
15.53%
DSCR
2.62
Strong
Cash-on-Cash
31.99%
Monthly Payment
$2,547.939
Annual Cash Flow
$49,424.732

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