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4-Unit Gated Quadplex
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 Market148

Property Features for 3700 S Embassy Avenue

General Information

Property type Residential Multi Family
Property subtype Other
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

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
Listed By: Jaime Lee Gonzalez · License #713189
Added: May 13 Changed: Sep 14 Last Checked: Oct 7 at 5:06PM
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.

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.

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 (±1% cap)
NOI $43,987 @ 7.0% cap · market cap 9.77%
Second Best
Apartment 5plus
$578.6K
$506.2K – $675.0K (±1% cap)
NOI $40,499 @ 7.0% cap · market cap 9.00%
Theoretical Best
Hotel Hospitality
$3.79M
$3.32M – $4.42M (±1% cap)
NOI $265,207 @ 7.0% cap · market cap 58.93%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Building Supply Hair Salon Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

117
Businesses Nearby

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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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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
More about this property
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