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Four-Unit Quadplex with Central Air
For Sale
$450,000

3700 S Embassy Avenue, Pharr, TX 78577

MULTI_FAMILY - Pharr, TX

Property Size5,030 SF
Lot Size0.20 Acres
Price / SF$89.46
Days on Market84

Property Features for 3700 S Embassy Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Parking 8
Parking features None
Appliances Electric Water Heater
Subdivision Jackson South Estates
Lot features Sidewalks
Elementary school Palmer
Middle school Kennedy
High school PSJA South West H.S.
Elementary school district PSJA ISD
Middle school district PSJA ISD
High school district PSJA ISD
Directions Head East on E El Rancho Ave toward S Jackson Rd. Turn right onto S Jackson Rd, left on Hyatt St. Embassy will be on the second street - Property located on the left, 4th Property.
Standard status Active
APN J235500000000400
Size 5,030 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 12329
HOA Fee $750 Annually

Utilities

Heating system Electric (Heating), Central
Cooling system Central Air, Electric
Water source Public

Building Details

Year built 2008
Floors in Building 2
Number of units 4
Building materials Stucco
Roof type Composition
Listing Agency: Keller Williams Realty RGV
Listed By: Jaime Lee Gonzalez
Added: May 13 Changed: Jul 29 Last Checked: Aug 4 at 7:06AM
MLS# 489150

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 four-unit quadplex on a 0.199-acre lot was built in 2008 and totals approximately 5,030 sq ft of living area. The unit mix includes two 3-bedroom, 2.5-bath units and two 2-bedroom, 2.5-bath units. Two units are currently occupied.

The property is located at 3700 S Embassy Avenue in Pharr, TX, within a gated community. Improvements include stucco construction with a composition roof. Utilities and systems include public water service, electric water heater, electric heating with central heating, and central air with electric cooling.

Parking is not listed as available for the property. This configuration can appeal to tenants seeking either larger three-bedroom layouts or smaller two-bedroom layouts within the same community setting.

Key Highlights

  • Four‑unit quadplex on a 0.199‑acre lot
  • Approximately 5,030 sq ft total living area
  • Unit mix: two 3‑bedroom, 2.5‑bath and two 2‑bedroom, 2.5‑bath

Financial Insights For Apartment 5plus

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 $83.3k $16.56
− Vacancy −$9.7k −$1.92
EGI $73.6k $14.64
− OpEx −$33.1k −$6.59
NOI $40.5k $8.05
5,030 SF · lease $16.56/SF/yr · vacancy 11.60% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$628.4K
$549.8K – $733.1K (±1% cap)
NOI $43,987 @ 7.0% cap · market cap 9.77%
Second Best
Apartment 5plus
$578.6K
$506.2K – $675.0K (±1% cap)
NOI $40,499 @ 7.0% cap · market cap 9.00%
Theoretical Best
Hotel Hospitality
$3.79M
$3.32M – $4.42M (±1% cap)
NOI $265,207 @ 7.0% cap · market cap 58.93%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Building Supply Hair Salon Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

117
Businesses Nearby

Demographics for 78577, TX

79,937
Population
26,568
Households
3
Avg Household Size
30
Median Age
18%
College-Educated
70%
High-School Grad
26.0 sq mi
ZIP Area
3,075
Density / Sq Mi
$49,768
Median Household Income
$28,186
Median Earnings
$988
Median Rent
$111,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit quadplex built in 2008 within a gated community, with central air and two units currently occupied.
Where is this quadplex located?
The property is located at 3700 S Embassy Avenue Pharr, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Four‑unit quadplex on a 0.199‑acre lot; Approximately 5,030 sq ft total living area; Unit mix: two 3‑bedroom, 2.5‑bath and two 2‑bedroom, 2.5‑bath
More about this property
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