Four-Unit Residential Income
New
For Sale
$375,000
1101 W Pecan Street, Pharr, TX 78577
All four residences are leased, with electric stoves and refrigerators included.
Property Size3,793 SF
Price / SF$98.87
Days on Market2
Property Features for 1101 W Pecan Street
General Information
Standard status
Active
Size
3,793 SF
Property subtype
Residential Income
Occupancy
100%
Units
Unit Mix
2 x 3BR/2BA, 1 x 2BR/2BA, 1 x 1BR/1BA
Multifamily Units
4
Additional Details
Highway Access
Yes
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$9,389
Amenities
electric stoves
refrigerator
Tile
true
Energy Features (Double Pane Windows)
Laundry Closet,Washer/Dryer Connection
HidalgoCAD
Ceiling Fan(s),Walk-In Closet(s)
Privacy,Wood
false
Cul-De-Sac,Curb & Gutters,Irregular Lot,Mature Trees,Sidewalks
Public
8411.0004
8
0.1931
Garage Faces Rear
Paved
Mature Trees
Slab
3793
2
4
Building Details
Building Size
3,793 SF
Year Built
2006
Buildings
2
Stories
1
Listing Agency:
CapStone Realty PLLC
(956) 539-7317
Listed By:
Sergio Guerra
Source:
Cncrealtyrgv
Added: Oct 30
Changed: Oct 31
Last Checked: Oct 31 at 3:05AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CapStone Realty PLLC
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Investment Insights
Based on property information with market context.
Built in 2006, this 3,793-square-foot residential property comprises two buildings and four leased units. The unit mix includes two 3-bedroom, 2-bath residences, one 2-bedroom, 2-bath residence, and one 1-bedroom, 1-bath residence. Electric stoves and refrigerators are provided, and the units have newer air-conditioning systems.
The property is in Pharr, about two minutes from Expressway 83. Nearby retailers and services include Lowe’s, Costco, banks, Chick-fil-A, and Raising Cane’s.
The property is in Pharr, about two minutes from Expressway 83. Nearby retailers and services include Lowe’s, Costco, banks, Chick-fil-A, and Raising Cane’s.
Key Highlights
- Four leased residences across two buildings
- 3,793 square feet; built in 2006
- Unit mix: two 3‑bedroom/2‑bath units, one 2‑bedroom/2‑bath unit, and one 1‑bedroom/1‑bath unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,170
Cap Rate
8.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$663,400
$663.4K
Cap Rate 7%
$473,857
$473.9K
Cap Rate 9%
$368,556
$368.6K
Market Conditions
NOI Build-Up for 3,793 SF
Gross rent
$53.3K $14.04/SF
− Vacancy
−$5.9K −$1.55/SF
EGI
$47.4K $12.49/SF
− OpEx
−$14.2K −$3.75/SF
NOI
$33.2K $8.74/SF
Area
Hidalgo County, TX
Vacancy
11.02%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$663,400
Cap Rate 7%
$473,857
Cap Rate 9%
$368,556
Alternative Uses
Best Use
Multifamily LT 5
$473.9K
$414.6K – $552.8K
NOI $33,170 @ 7.0% cap · market cap 8.85%
Second Best
Apartment 5plus
$436.3K
$381.7K – $509.0K
NOI $30,539 @ 7.0% cap · market cap 8.14%
Theoretical Best
Hotel Hospitality
$2.86M
$2.50M – $3.33M
NOI $199,986 @ 7.0% cap · market cap 53.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
853
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - All four residences are leased, with electric stoves and refrigerators included.
Where is this quadplex located?
The property is located at 1101 W Pecan Street Pharr, TX.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Four leased residences across two buildings; 3,793 square feet; built in 2006; Unit mix: two 3‑bedroom/2‑bath units, one 2‑bedroom/2‑bath unit, and one 1‑bedroom/1‑bath unit
