Four-Unit Brick
For Sale
$367,500
1401 E Coyote Street, Pharr, TX 78577
MULTI_FAMILY - Pharr, TX
Property Size3,888 SF
Lot Size0.19 Acres
Price / SF$94.52
Days on Market13
Property Features for 1401 E Coyote Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Parking
8
Parking features
Other
Patio and Porch features
Patio
Appliances
Electric Water Heater, Refrigerator, Stove/Range
Subdivision
Los Senderos
Elementary school
Kelly-Pharr
Middle school
Escalante
High school
PSJA South West H.S.
Elementary school district
PSJA ISD
Middle school district
PSJA ISD
High school district
PSJA ISD
Directions
Continue Onto W Moore Rd, Turn Right Onto S Juniper St, Turn Right at the 2nd cross street onto E Coyote St, Destination will be on the right.
Standard status
Active
APN
L637900000000500
Size
3,888 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
8309
HOA Fee
$350 Annually
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
2006
Floors in Building
1
Number of units
4
Building materials
Brick
Roof type
Composition
Listing Agency:
eXp Realty LLC
(888) 519-7431
Listed By:
Ronaldo (Ronnie) Esparza
(956) 777-8859
Added: Aug 18
Last Checked: Aug 30 at 12:06PM
MLS# 512912
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.
Built in 2006, this brick quadplex contains four individual units within 3,888 square feet on a 0.1912-acre lot. Each unit is equipped with central heating and central air conditioning, while included appliances consist of an electric water heater, refrigerator, and stove/range. Patio areas add outdoor space, and the property has a composition roof.
The property is located at 1401 E Coyote Street in Pharr, Texas, within Los Senderos Subdivision. Expressway 83 provides access to shopping, restaurants, schools, and surrounding areas of Pharr and McAllen.
The property is located at 1401 E Coyote Street in Pharr, Texas, within Los Senderos Subdivision. Expressway 83 provides access to shopping, restaurants, schools, and surrounding areas of Pharr and McAllen.
Key Highlights
- Four individual residential units
- 3,888 square feet on a 0.1912‑acre lot
- Built in 2006 with brick construction
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$31,304
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.52%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$626,080
$626.1K
Cap Rate 7%
$447,200
$447.2K
Cap Rate 9%
$347,822
$347.8K
Market Conditions
NOI Build-Up for 3,888 SF
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.
Gross rent
$64.4K $16.56/SF
− Vacancy
−$7.5K −$1.92/SF
EGI
$56.9K $14.64/SF
− OpEx
−$25.6K −$6.59/SF
NOI
$31.3K $8.05/SF
Area
Hidalgo County, TX
Vacancy
11.60%
Lease Rate
$16.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$626,080
Cap Rate 7%
$447,200
Cap Rate 9%
$347,822
Alternative Uses
Best Use
Multifamily LT 5
$485.7K
$425.0K – $566.7K
NOI $34,000 @ 7.0% cap · market cap 9.25%
Second Best
Apartment 5plus
$447.2K
$391.3K – $521.7K
NOI $31,304 @ 7.0% cap · market cap 8.52%
Theoretical Best
Hotel Hospitality
$2.93M
$2.56M – $3.42M
NOI $204,995 @ 7.0% cap · market cap 55.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
85
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Four individual units feature central heating and air conditioning, patios, and standard kitchen appliances.
Where is this quadplex located?
The property is located at 1401 E Coyote Street Pharr, TX.
What is the asking price?
The asking price for this property is $367,500.
What are key features of this property?
This property features: Four individual residential units; 3,888 square feet on a 0.1912‑acre lot; Built in 2006 with brick construction
