3700 S Embassy Avenue, Pharr, TX 78577
MULTI_FAMILY - Pharr, TX
Property Features for 3700 S Embassy Avenue
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
The property is located at 3700 S Embassy Avenue in Pharr, TX, within a gated community. Improvements include stucco construction with a composition roof. Utilities and systems include public water service, electric water heater, electric heating with central heating, and central air with electric cooling.
Parking is not listed as available for the property. This configuration can appeal to tenants seeking either larger three-bedroom layouts or smaller two-bedroom layouts within the same community setting.
Key Highlights
- Four‑unit quadplex on a 0.199‑acre lot
- Approximately 5,030 sq ft total living area
- Unit mix: two 3‑bedroom, 2.5‑bath and two 2‑bedroom, 2.5‑bath
Financial Insights For Apartment 5plus
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 | $83.3k | $16.56 |
| − Vacancy | −$9.7k | −$1.92 |
| EGI | $73.6k | $14.64 |
| − OpEx | −$33.1k | −$6.59 |
| NOI | $40.5k | $8.05 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 78577, TX
Market
Vacancy Rate% for Multifamily in South region