Pharr Multi-Family Investment
3600 S Wyndham Avenue, Pharr, TX 78577
- Added:
- May 13, 2026
- Days on Market:
- 20
- Last Refresh:
- Jun 1 at 10:06 pm
Property Features for 3600 S Wyndham Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 8
- Parking features
- Garage
- Fencing
- Privacy
- Appliances
- Electric Water Heater
- Standard status
- Active
- APN
- J235500000008700
- Size
- 4,316 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 12600
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 2006
- Floors in Building
- 1
- Number of units
- 4
- Building materials
- Brick
- Roof type
- Composition
Listing agent Jaime Lee Gonzalez (956) 599-8400
Listing office Keller Williams Realty RGV 3300 N Mccoll. Ste P & Q, McAllen, TX (956) 928-1155
Listing date May 13, 2026
MLS# 488984
Listing URL
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.
HighLights
- Fully leased 4‑unit multi‑family property provides immediate rental income.
- Spacious units with 3 bedrooms and 2 baths are desirable for tenants.
- Located in a gated community in Pharr, TX.
- Conveniently located near shopping, dining, and local attractions.
- Total living area of approximately 4,316 sq ft.
- Built in 2006 with brick construction.
Overview
This multi-family property, located in a gated community in Pharr, TX, presents a great investment opportunity. The property features four units, providing approximately 4,316 square feet of total living area. Each unit includes 3 bedrooms and 2 baths, offering spacious layouts for tenants. The property is fully leased and is situated near shopping, dining, and local attractions. The lot size is 0.2204 acres.
Local 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 | $60.6k | $14.04 |
| − Vacancy | −$6.7k | −$1.55 |
| EGI | $53.9k | $12.49 |
| − OpEx | −$16.2k | −$3.75 |
| NOI | $37.7k | $8.74 |
4,316 SF · lease $14.04/SF/yr · vacancy 11.02% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$539.2K
$471.8K – $629.1K
NOI $37,743 @ 7.0% cap · market cap 8.88%
Second Best
Apartment 5plus
$496.4K
$434.4K – $579.2K
NOI $34,750 @ 7.0% cap · market cap 8.18%
Theoretical Best
Hotel Hospitality
$3.25M
$2.84M – $3.79M
NOI $227,561 @ 7.0% cap · market cap 53.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Pharr
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.205744
- Latitude
- 26.164757
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Four-unit multi-family property in Pharr, TX, fully leased.
Where is this quadplex located?
The property is located at 3600 S Wyndham Avenue Pharr, TX.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Fully leased 4‑unit multi‑family property provides immediate rental income.; Spacious units with 3 bedrooms and 2 baths are desirable for tenants.; Located in a gated community in Pharr, TX.
