Four-Unit Gated
New
For Sale
$425,000
3600 S Wyndham Avenue, Pharr, TX 78577
All four residences offer three bedrooms and two bathrooms in a leased multifamily property.
Property Size4,316 SF
Price / SF$98.47
Days on Market4
Property Features for 3600 S Wyndham Avenue
General Information
Standard status
Active
Size
4,316 SF
Total Parking Spaces
8
Property subtype
Multi Family Home
Occupancy
100%
Units
Unit Mix
4 x 3BR/2BA
Multifamily Units
4
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$12,600
Amenities
Ceiling Fan(s)
Building Details
Building Size
4,316 SF
Year Built
2006
Buildings
1
Stories
1
Units
4
Listing Agency:
Keller Williams Realty RGV
(956) 928-1155
Listed By:
Jaime Lee Gonzalez · License #713189
(956) 599-8400
Source:
Gdvrealty
Added: Oct 22
Changed: Oct 23
Last Checked: Oct 23 at 5:46PM
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 Keller Williams Realty RGV
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Investment Insights
Based on property information with market context.
This quadplex contains four residences with a consistent three-bedroom, two-bathroom layout. Combined living area totals 4,316 square feet, and the building was constructed in 2006. The property is within a gated community in Pharr, Texas.
All four units are leased. The uniform layouts and unit count define the property’s residential configuration.
All four units are leased. The uniform layouts and unit count define the property’s residential configuration.
Key Highlights
- Four units, each with 3 bedrooms and 2 bathrooms
- 4,316 square feet of total living area
- Built in 2006
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,743
Cap Rate
8.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$754,860
$754.9K
Cap Rate 7%
$539,186
$539.2K
Cap Rate 9%
$419,367
$419.4K
Market Conditions
NOI Build-Up for 4,316 SF
Gross rent
$60.6K $14.04/SF
− Vacancy
−$6.7K −$1.55/SF
EGI
$53.9K $12.49/SF
− OpEx
−$16.2K −$3.75/SF
NOI
$37.7K $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%
$754,860
Cap Rate 7%
$539,186
Cap Rate 9%
$419,367
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 authorities.
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Property Analytics
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Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
118
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - All four residences offer three bedrooms and two bathrooms in a leased multifamily property.
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: Four units, each with 3 bedrooms and 2 bathrooms; 4,316 square feet of total living area; Built in 2006
