Private Gated Fourplex
3524 S Dominique Drive Pharr, TX 78577
For Sale
Contact for pricing
Fourplex in a private gated subdivision with four fully occupied units and equipped kitchens including washer and dryer.
Property Size4,088 SF
Price / SF$134.54
Days on Market21
Property Features for 3524 S Dominique Drive
General Information
- Standard status
- Active
- Size
- 4,088 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2023
Listing Agency:
Star Realty Group, LLC
Listed By:
Alba Bussey
Source:
Crexi
Added: Jul 3
Changed: Jul 23
Last Checked: Jul 23 at 8:38AM
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 Star Realty Group, LLC
Investment Insights
Based on property information with market context.
This fourplex includes four occupied residential units within a private gated subdivision. Two units feature 3 bedrooms and 2 bathrooms, while the other two units offer 2 bedrooms and 2 bathrooms. Each unit is described as having an open-concept layout with abundant natural light, and kitchens are fully equipped with major appliances, including washer and dryer.
The property is located in Pharr and provides easy access to major amenities and the expressway.
With a mix of unit sizes, the building offers a straightforward residential income configuration, with all units currently occupied.
The property is located in Pharr and provides easy access to major amenities and the expressway.
With a mix of unit sizes, the building offers a straightforward residential income configuration, with all units currently occupied.
Key Highlights
- Newer fourplex built in 2023 in a private gated subdivision in Pharr
- Four fully occupied units with an on‑site rental setup
- Unit mix: 2 units with 3 bedrooms/2 bathrooms and 2 units with 2 bedrooms/2 bathrooms
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $57.4k | $14.04 |
| − Vacancy | −$6.3k | −$1.55 |
| EGI | $51.1k | $12.49 |
| − OpEx | −$15.3k | −$3.75 |
| NOI | $35.7k | $8.74 |
4,088 SF · lease $14.04/SF/yr · vacancy 11.02% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$510.7K
$446.9K – $595.8K
NOI $35,749 @ 7.0% cap · market cap 6.50%
Second Best
Apartment 5plus
$470.2K
$411.4K – $548.6K
NOI $32,914 @ 7.0% cap · market cap 5.98%
Theoretical Best
Hotel Hospitality
$3.08M
$2.69M – $3.59M
NOI $215,540 @ 7.0% cap · market cap 39.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Fourplex in a private gated subdivision with four fully occupied units and equipped kitchens including washer and dryer.
Where is this quadplex located?
The property is located at 3524 S Dominique Drive Pharr, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Newer fourplex built in 2023 in a private gated subdivision in Pharr; Four fully occupied units with an on‑site rental setup; Unit mix: 2 units with 3 bedrooms/2 bathrooms and 2 units with 2 bedrooms/2 bathrooms
