4-Unit
New
For Sale
$425,000
3701 S Embassy Avenue, Pharr, TX 78577
Each residence has three bedrooms and three baths, and the property is fully leased.
Property Size4,396 SF
Price / SF$96.68
Days on Market3
Property Features for 3701 S Embassy Avenue
General Information
Standard status
Active
Size
4,396 SF
Property subtype
Residential Income
Occupancy
100%
Units
Unit Mix
4 x 3BR/3BA
Multifamily Units
4
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$10,610
Amenities
gated community
Tile
true
Laundry Area,Washer/Dryer Connection
HidalgoCAD
Ceiling Fan(s)
Wood
false
Sidewalks
Public
9199.872
8
0.2112
No Garage
Paved
Other
Slab
4396
1
4
Building Details
Building Size
4,396 SF
Year Built
2006
Stories
1
Listing Agency:
(956) 539-7317
Listed By:
Dora Garcia
Source:
Cncrealtyrgv
Added: Oct 30
Changed: Oct 31
Last Checked: Oct 31 at 3:25AM
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 Dora Garcia
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Investment Insights
Based on property information with market context.
This four-unit quadplex in Pharr contains approximately 4,396 square feet of living area. Built in 2006, it is situated within a gated community. Each residence offers three bedrooms and three baths, along with tile flooring, ceiling fans, and washer/dryer connections. The property is fully leased.
The community is near shopping, dining, and local attractions.
The community is near shopping, dining, and local attractions.
Key Highlights
- Four residences, each with 3 bedrooms and 3 baths
- Approximately 4,396 square feet of total living area
- Fully leased
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,443
Cap Rate
9.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$768,860
$768.9K
Cap Rate 7%
$549,186
$549.2K
Cap Rate 9%
$427,144
$427.1K
Market Conditions
NOI Build-Up for 4,396 SF
Gross rent
$61.7K $14.04/SF
− Vacancy
−$6.8K −$1.55/SF
EGI
$54.9K $12.49/SF
− OpEx
−$16.5K −$3.75/SF
NOI
$38.4K $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%
$768,860
Cap Rate 7%
$549,186
Cap Rate 9%
$427,144
Alternative Uses
Best Use
Multifamily LT 5
$549.2K
$480.5K – $640.7K
NOI $38,443 @ 7.0% cap · market cap 9.05%
Second Best
Apartment 5plus
$505.6K
$442.4K – $589.9K
NOI $35,394 @ 7.0% cap · market cap 8.33%
Theoretical Best
Hotel Hospitality
$3.31M
$2.90M – $3.86M
NOI $231,779 @ 7.0% cap · market cap 54.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
117
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
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Each residence has three bedrooms and three baths, and the property is fully leased.
Where is this quadplex located?
The property is located at 3701 S Embassy 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 residences, each with 3 bedrooms and 3 baths; Approximately 4,396 square feet of total living area; Fully leased
