Quadplex with Separate Utility
New
For Sale
$490,000
1807 W Bronze Street W, Pharr, TX 78577
Four residences offer a mix of two- and three-bedroom layouts, with independent water and electric meters for each unit.
Property Size4,260 SF
Price / SF$115.02
Days on Market3
Property Features for 1807 W Bronze Street W
General Information
Standard status
Active
Size
4,260 SF
Property subtype
Residential Income
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Units
Unit Mix
2 x 3BR/2BA, 2 x 2BR/2BA
Multifamily Units
4
Individually Metered Utilities
water, electricity
Taxes and HOA fees
Annual Taxes
$10,096
Amenities
Tile
true
Energy Features (Double Pane Windows)
Laundry Closet
HidalgoCAD
Ceiling Fan(s),Dryer,Washer
Privacy
false
Alley
Public
9583.2
8
0.22
Detached
Paved
Mature Trees,Motorized Gate
Slab
4260
2
4
Building Details
Building Size
4,260 SF
Year Built
2007
Stories
1
Listing Agency:
(956) 539-7317
Listed By:
Sergio Guerra
Source:
Cncrealtyrgv
Added: Oct 30
Last Checked: Oct 30 at 3:20PM
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 Sergio Guerra
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Investment Insights
Based on property information with market context.
Built in 2007, this 4,260-square-foot quadplex contains four units: two with three bedrooms and two bathrooms, and two with two bedrooms and two bathrooms. One residence has been upgraded. Each unit has its own water and electric meter, and interior features include tile flooring, double-pane windows, a laundry closet, washer, dryer, and ceiling fans.
The property is on the north side of Pharr, with access to Expressway 281 and thoroughfares connecting Pharr with McAllen, San Juan, Alamo, and Edinburg.
The property is on the north side of Pharr, with access to Expressway 281 and thoroughfares connecting Pharr with McAllen, San Juan, Alamo, and Edinburg.
Key Highlights
- Four‑unit property totaling 4,260 square feet
- Two units have 3 bedrooms and 2 bathrooms; two have 2 bedrooms and 2 bathrooms
- Each unit has separate water and electric meters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,254
Cap Rate
7.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$745,080
$745.1K
Cap Rate 7%
$532,200
$532.2K
Cap Rate 9%
$413,933
$413.9K
Market Conditions
NOI Build-Up for 4,260 SF
Gross rent
$59.8K $14.04/SF
− Vacancy
−$6.6K −$1.55/SF
EGI
$53.2K $12.49/SF
− OpEx
−$16.0K −$3.75/SF
NOI
$37.3K $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%
$745,080
Cap Rate 7%
$532,200
Cap Rate 9%
$413,933
Alternative Uses
Best Use
Multifamily LT 5
$532.2K
$465.7K – $620.9K
NOI $37,254 @ 7.0% cap · market cap 7.60%
Second Best
Apartment 5plus
$490.0K
$428.7K – $571.7K
NOI $34,299 @ 7.0% cap · market cap 7.00%
Theoretical Best
Hotel Hospitality
$3.21M
$2.81M – $3.74M
NOI $224,609 @ 7.0% cap · market cap 45.84%
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
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
884
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four residences offer a mix of two- and three-bedroom layouts, with independent water and electric meters for each unit.
Where is this quadplex located?
The property is located at 1807 W Bronze Street W Pharr, TX.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: Four‑unit property totaling 4,260 square feet; Two units have 3 bedrooms and 2 bathrooms; two have 2 bedrooms and 2 bathrooms; Each unit has separate water and electric meters
