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Leased Fourplex with 2BR/2BA Units
For Sale
$395,000

705 Emerald Drive, Pharr, TX 78577

Fully leased fourplex with four 2-bedroom, 2-bath units in Pharr.

Property SizeContact for details
Days on Market16

Property Features for 705 Emerald Drive

General Information

Standard status Active
Property subtype Quadruplex

Building Details

Year Built 2006
Listing Agency: Keller Williams Realty RGV
Listed By: Jaime Lee Gonzalez
Source: Primeluxuryrealestate
Added: Jul 20 Changed: Jul 21 Last Checked: Aug 3 at 11:00AM

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 Keller Williams Realty RGV

Investment Insights

Based on property information with market context.

This well-positioned fourplex offers four fully leased residential units. Each unit features a 2-bedroom and 2-bathroom layout, supporting an income-focused residential setup.

The property is located in Pharr in a highly accessible area just south of Nolana and east of Sugar Rd, with quick access to retail centers, restaurants, and major roadways.

For buyers seeking a stabilized multifamily investment, this fourplex provides consistent occupancy with uniform unit configurations.

Key Highlights

  • Well‑positioned 4‑plex in Pharr built in 2006
  • Fully leased multifamily investment with four 2‑bedroom, 2‑bath units
  • Located just south of Nolana and east of Sugar Rd for convenient access to retail, restaurants, and major roadways

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Law Firm Plumbing Service Pharmacy (Bike/Boat/Book/etc) Store Computer & Electronic Repair

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

Location Intelligence

Trade Area within ½ mile

421
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
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Frequently Asked Questions

What type of property is this?
Quadplex - Fully leased fourplex with four 2-bedroom, 2-bath units in Pharr.
Where is this quadplex located?
The property is located at 705 Emerald Drive Pharr, TX.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Well‑positioned 4‑plex in Pharr built in 2006; Fully leased multifamily investment with four 2‑bedroom, 2‑bath units; Located just south of Nolana and east of Sugar Rd for convenient access to retail, restaurants, and major roadways
More about this property
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