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Four-Unit Brick Quadplex
For Sale
$345,000

2213 Dahlia Street, Pharr, TX 78577

Residential Income, Pharr, TX

Property Size3,639 SF
Lot Size0.21 Acres
Price / SF$94.81
Days on Market88

Property Features for 2213 Dahlia Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Parking 8
Parking features Garage
Patio and Porch features Patio
Appliances Electric Water Heater, Dryer, Refrigerator, Stove/Range-Electric Smooth, Washer
Subdivision Vip Estates
Lot features Curb & Gutters
Elementary school Ramirez
Middle school LBJ
High school PSJA H.S.
Elementary school district PSJA ISD
Middle school district PSJA ISD
High school district PSJA ISD
Directions From Hwy 281 go West on W Ferguson ave, North into Erica, East on Cancun Dr, North into Dahlia St, Property will be on the West side of the street
Standard status Active
APN V012500000004800
Size 3,639 SF
Lot size 0.21 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 9001
HOA Fee $825 Annually

Utilities

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

Building Details

Year built 2004
Floors in Building 1
Number of units 4
Building materials Brick
Roof type Composition
Listing Agency: RE/MAX elite · RE/MAX International
Listed By: Maria (Lila) Garcia · License #626016
Added: Jul 19 Changed: Sep 14 Last Checked: Oct 14 at 5:06PM
MLS# 509389

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 residential income property contains 3,639 square feet on a 0.2124-acre lot and is fully rented. Completed in 2004, the brick building includes garage parking and patio areas, with central electric heating and central air conditioning serving the property.

Each residence is supported by a public water connection and electric appliances, including refrigerators, electric smooth-top ranges, washers, dryers, and electric water heaters. The property is located on Dahlia Street in Pharr, within Hidalgo County.

Key Highlights

  • Four‑unit property with 3,639 square feet of building area
  • Fully rented residential income property
  • Built in 2004 with brick construction

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,299
Cap Rate
8.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$585,980 $586.0K
Cap Rate 7%
$418,557 $418.6K
Cap Rate 9%
$325,544 $325.5K
Market Conditions
NOI Build-Up for 3,639 SF
Gross rent
$60.3K $16.56/SF
− Vacancy
−$7.0K −$1.92/SF
EGI
$53.3K $14.64/SF
− OpEx
−$24.0K −$6.59/SF
NOI
$29.3K $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 Rate 5%
$585,980
Cap Rate 7%
$418,557
Cap Rate 9%
$325,544

Alternative Uses

Best Use
Multifamily LT 5
$454.6K
$397.8K – $530.4K (±1% cap)
NOI $31,823 @ 7.0% cap · market cap 9.22%
Second Best
Apartment 5plus
$418.6K
$366.2K – $488.3K (±1% cap)
NOI $29,299 @ 7.0% cap · market cap 8.49%
Theoretical Best
Hotel Hospitality
$2.74M
$2.40M – $3.20M (±1% cap)
NOI $191,866 @ 7.0% cap · market cap 55.61%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage Cafe & Coffee Shop Plumbing Service Dental Office (Bike/Boat/Book/etc) Store Skin Care Clinic

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

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

507
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
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

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

What type of property is this?
Quadplex - Built in 2004, the property offers central HVAC, garage parking, and patios.
Where is this quadplex located?
The property is located at 2213 Dahlia Street Pharr, TX.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Four‑unit property with 3,639 square feet of building area; Fully rented residential income property; Built in 2004 with brick construction
More about this property
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