4-Unit Gated
For Sale
$450,000
3700 S Embassy Avenue, Pharr, TX 78577
Residential Income, Pharr, TX
Property Size5,030 SF
Lot Size0.20 Acres
Price / SF$89.46
Days on Market174
Property Features for 3700 S Embassy Avenue
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Parking
8
Parking features
None
Appliances
Electric Water Heater
Subdivision
Jackson South Estates
Lot features
Sidewalks
Elementary school
Palmer
Middle school
Kennedy
High school
PSJA South West H.S.
Elementary school district
PSJA ISD
Middle school district
PSJA ISD
High school district
PSJA ISD
Directions
Head East on E El Rancho Ave toward S Jackson Rd. Turn right onto S Jackson Rd, left on Hyatt St. Embassy will be on the second street - Property located on the left, 4th Property.
Standard status
Active
APN
J235500000000400
Size
5,030 SF
Lot size
0.20 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
12329
HOA Fee
$750 Annually
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
2008
Floors in Building
2
Number of units
4
Building materials
Stucco
Roof type
Composition
Listing Agency:
Keller Williams Realty RGV
(956) 928-1155
Listed By:
Jaime Lee Gonzalez · License #713189
(956) 599-8400
Added: May 13
Changed: Oct 26
Last Checked: Nov 2 at 3:06PM
MLS# 489150
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.
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Investment Insights
Based on property information with market context.
Built in 2008, this four-unit quadplex provides approximately 5,030 square feet of total living area on a 0.199-acre lot. The unit mix includes two residences with three bedrooms and 2.5 baths each, plus two residences with two bedrooms and 2.5 baths each. Stucco construction, composition roofing, central electric heating and cooling, and public water serve the property.
The property is located at 3700 S Embassy Avenue in Pharr, TX 78577. It is within a gated community, with shopping, dining, and local attractions nearby. Two of the four units are currently occupied.
The property is located at 3700 S Embassy Avenue in Pharr, TX 78577. It is within a gated community, with shopping, dining, and local attractions nearby. Two of the four units are currently occupied.
Key Highlights
- Four‑unit quadplex with approximately 5,030 square feet of total living area
- Unit mix includes two 3‑bedroom, 2.5‑bath units and two 2‑bedroom, 2.5‑bath units
- Two units are currently occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,499
Cap Rate
9.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$809,980
$810.0K
Cap Rate 7%
$578,557
$578.6K
Cap Rate 9%
$449,989
$450.0K
Market Conditions
NOI Build-Up for 5,030 SF
Gross rent
$83.3K $16.56/SF
− Vacancy
−$9.7K −$1.92/SF
EGI
$73.6K $14.64/SF
− OpEx
−$33.1K −$6.59/SF
NOI
$40.5K $8.05/SF
Area
Hidalgo County, TX
Vacancy
11.60%
Lease Rate
$16.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$809,980
Cap Rate 7%
$578,557
Cap Rate 9%
$449,989
Alternative Uses
Best Use
Multifamily LT 5
$628.4K
$549.8K – $733.1K
NOI $43,987 @ 7.0% cap · market cap 9.77%
Second Best
Apartment 5plus
$578.6K
$506.2K – $675.0K
NOI $40,499 @ 7.0% cap · market cap 9.00%
Theoretical Best
Hotel Hospitality
$3.79M
$3.32M – $4.42M
NOI $265,207 @ 7.0% cap · market cap 58.93%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
117
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Gated four-unit property with varied floor plans and two occupied units in Pharr.
Where is this quadplex located?
The property is located at 3700 S Embassy Avenue Pharr, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Four‑unit quadplex with approximately 5,030 square feet of total living area; Unit mix includes two 3‑bedroom, 2.5‑bath units and two 2‑bedroom, 2.5‑bath units; Two units are currently occupied
