Two-Story Quadplex With Private
3516 S Dominique Drive, Pharr, TX 78577
For Sale
$575,000
Residential Income, Pharr, TX
Property Size4,200 SF
Lot Size0.22 Acres
Price / SF$136.90
Days on Market48
Property Features for 3516 S Dominique Drive
General Information
Property type
Property subtype
Parking
Patio and Porch features
Exterior features
Fencing
Appliances
Subdivision
Lot features
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
HOA Fee
Utilities
Heating system
Cooling system
Water source
Amenities
gated community
private patio
washer/dryer
Building Details
Year built
Floors in Building
Number of units
Building materials
Roof type
Listing Agency:
Keller Williams Realty RGV
(956) 928-1155
Listed By:
Maggie Harris · License #TREC#0530155
(956) 821-9990
Added: Sep 23
Changed: Oct 19
Last Checked: Nov 9 at 3:06AM
MLS# 516024
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.
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Investment Insights
Based on property information with market context.
Built in 2024, this 4,200-square-foot two-story quadplex contains four three-bedroom residences within a gated community. Each unit has a private patio, with patios serving both the ground-level and upstairs homes. Interior features include tile flooring, luxury lighting, black fixtures, and custom cabinetry. Kitchens are equipped with stainless steel refrigerators, ranges, and microwaves, while washers and dryers are included. Water and electricity are separately metered for each residence.
The property occupies 0.2238 acres in Pharr, Texas, with convenient expressway access. Exterior improvements include privacy fencing, a sprinkler system, stucco construction, composition roofing, public water service, central electric heating, and central air conditioning.
The property occupies 0.2238 acres in Pharr, Texas, with convenient expressway access. Exterior improvements include privacy fencing, a sprinkler system, stucco construction, composition roofing, public water service, central electric heating, and central air conditioning.
Key Highlights
- Two‑story quadplex with four three‑bedroom units
- 4,200 square feet on 0.2238 acres
- Built in 2024 within a gated community
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,729
Cap Rate
6.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$734,580
$734.6K
Cap Rate 7%
$524,700
$524.7K
Cap Rate 9%
$408,100
$408.1K
Market Conditions
NOI Build-Up for 4,200 SF
Gross rent
$59.0K $14.04/SF
− Vacancy
−$6.5K −$1.55/SF
EGI
$52.5K $12.49/SF
− OpEx
−$15.7K −$3.75/SF
NOI
$36.7K $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%
$734,580
Cap Rate 7%
$524,700
Cap Rate 9%
$408,100
Alternative Uses
Best Use
Multifamily LT 5
$524.7K
$459.1K – $612.2K
NOI $36,729 @ 7.0% cap · market cap 6.39%
Second Best
Apartment 5plus
$483.1K
$422.7K – $563.6K
NOI $33,816 @ 7.0% cap · market cap 5.88%
Theoretical Best
Hotel Hospitality
$3.16M
$2.77M – $3.69M
NOI $221,445 @ 7.0% cap · market cap 38.51%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
83
Businesses Nearby
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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
$111,500
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Pharr, TX
Properties on Market for Quadplexes in Pharr
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Gated four-unit property with three-bedroom residences, individual utility metering, and included kitchen and laundry appliances.
Where is this quadplex located?
The property is located at 3516 S Dominique Drive Pharr, TX.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Two‑story quadplex with four three‑bedroom units; 4,200 square feet on 0.2238 acres; Built in 2024 within a gated community
