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    Gated 4-Plex in Pharr, TX Title is generated by Realmo AI

    2216 N Dahlia Street, Pharr, TX 78577

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    Claim this Listing
    For Sale
    $370,000

    MULTI_FAMILY - Pharr, TX

    Property size:
    3,744 SF
    Lot size:
    0.22 Acres
    Price / SF:
    $98/SF
    Added:
    May 18, 2026
    Days on Market:
    34
    Last Refresh:
    Jun 20 at 2:06 am

    Property Features for 2216 N Dahlia Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking
    8
    Parking features
    Garage
    Patio and Porch features
    Patio
    Exterior features
    Sprinkler System
    Fencing
    Privacy
    Appliances
    Electric Water Heater, Water Heater (Programmable thermostat), Electric Cooktop, Dryer, Refrigerator, Stove/Range, Washer
    Standard status
    Active
    APN
    V012500000001400
    Size
    3,744 SF
    Lot size
    0.22 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    9076

    Utilities

    Heating system
    Electric (Heating), Central
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    2005
    Floors in Building
    1
    Number of units
    4
    Building materials
    Brick
    Roof type
    Composition

    We can help!

    Listing Contact
    Maggie Harris
    Maggie Harris

    Listing agent Maggie Harris License #0530155

    Listing office Keller Williams Realty RGV 3300 N Mccoll. Ste P & Q, McAllen, TX

    Listing date May 18, 2026

    MLS# 497299 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

    • Brick 4‑plex built in 2005 with each unit offering 2 bedrooms, 2 bathrooms, and private entrances
    • Each unit includes a washer and dryer, plus kitchen appliances such as a refrigerator, electric cooktop, and stove/range
    • Granite countertops in each unit’s modern kitchen
    • Central heating and central air with electric heating and central cooling
    • New composition roof installed in 2024; sprinkler system and privacy fencing on the property
    • On‑site parking with a garage and a patio

    Overview

    Located within a secure gated community, this multifamily property in Pharr, Texas, features a 4-plex. Each of the four identical units includes 2 bedrooms and 2 bathrooms, with private entrances for added convenience and privacy. The modern kitchens are equipped with granite countertops, and each unit has its own washer and dryer. The property, situated on a 0.2152-acre lot, offers 3,744 square feet of living space. The property is conveniently located near the expressway, providing easy access to other areas. A new roof was installed in 2024. This property is suitable for investors looking to capitalize on a high-demand rental market or families seeking a shared living arrangement.

    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 $52.6k $14.04
    − Vacancy −$5.8k −$1.55
    EGI $46.8k $12.49
    − OpEx −$14.0k −$3.75
    NOI $32.7k $8.74
    3,744 SF · lease $14.04/SF/yr · vacancy 11.02% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $467.7K
    $409.3K – $545.7K (±1% cap)
    NOI $32,741 @ 7.0% cap · market cap 8.85%
    Second Best
    Apartment 5plus
    $430.6K
    $376.8K – $502.4K (±1% cap)
    NOI $30,145 @ 7.0% cap · market cap 8.15%
    Theoretical Best
    Hotel Hospitality
    $2.82M
    $2.47M – $3.29M (±1% cap)
    NOI $197,402 @ 7.0% cap · market cap 53.35%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pharr
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.186892
    Latitude
    26.215143

    FAQs

    What type of property is this?
    Quadplex - Four identical units, each with 2 beds and 2 baths.
    Where is this quadplex located?
    The property is located at 2216 N Dahlia Street Pharr, TX.
    What is the asking price?
    The asking price for this property is $370,000.
    What are key features of this property?
    This property features: Brick 4‑plex built in 2005 with each unit offering 2 bedrooms, 2 bathrooms, and private entrances; Each unit includes a washer and dryer, plus kitchen appliances such as a refrigerator, electric cooktop, and stove/range; Granite countertops in each unit’s modern kitchen
    More about this property
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