New Fourplex with Private
For Sale
Contact for pricing
3525 S Dominique Drive, Pharr, TX 78577
Newly built fourplex features four three-bedroom, two-bath units, each with a private backyard.
Property Size4,116 SF
Price / SF$132.41
Days on Market102
Property Features for 3525 S Dominique Drive
General Information
Standard status
Active
Size
4,116 SF
Property subtype
Multifamily
Additional Details
Multifamily Units
4
Amenities
private backyard
gated community
Building Details
Year Built
2024
Tenancy
Multi
Listing Agency:
Imperio Real Estate LLC
Listed By:
Pedro Guardiola
Source:
Crexi
Added: Apr 21
Changed: Jul 22
Last Checked: Jul 25 at 9:20AM
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 Imperio Real Estate LLC
Investment Insights
Based on property information with market context.
This newly built fourplex was completed in 2024 and consists of four separate three-bedroom, two-bath units. Each unit is designed with a modern layout and includes quality appliances. A standout feature of the property is that every unit has its own private backyard.
The fourplex is located in the Palm Hills subdivision within a gated community, and is described as being minutes from shopping centers, grocery stores, and dining options.
The property is positioned as a contemporary residential income asset with uniform unit mix and private outdoor space tied to each unit.
The fourplex is located in the Palm Hills subdivision within a gated community, and is described as being minutes from shopping centers, grocery stores, and dining options.
The property is positioned as a contemporary residential income asset with uniform unit mix and private outdoor space tied to each unit.
Key Highlights
- Newly built fourplex completed in 2024 with four total units
- Four units are each 3‑bedroom, 2‑bath with modern design and included quality appliances
- Each unit features its own private backyard
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 | $57.8k | $14.04 |
| − Vacancy | −$6.4k | −$1.55 |
| EGI | $51.4k | $12.49 |
| − OpEx | −$15.4k | −$3.75 |
| NOI | $36.0k | $8.74 |
4,116 SF · lease $14.04/SF/yr · vacancy 11.02% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$514.2K
$449.9K – $599.9K
NOI $35,994 @ 7.0% cap · market cap 6.60%
Second Best
Apartment 5plus
$473.4K
$414.3K – $552.3K
NOI $33,140 @ 7.0% cap · market cap 6.08%
Theoretical Best
Hotel Hospitality
$3.10M
$2.71M – $3.62M
NOI $217,016 @ 7.0% cap · market cap 39.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
142
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
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Frequently Asked Questions
What type of property is this?
Quadplex - Newly built fourplex features four three-bedroom, two-bath units, each with a private backyard.
Where is this quadplex located?
The property is located at 3525 S Dominique Drive Pharr, TX.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: Newly built fourplex completed in 2024 with four total units; Four units are each 3‑bedroom, 2‑bath with modern design and included quality appliances; Each unit features its own private backyard
