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Gated Four-Unit Quadplex
For Sale
$425,000

3701 S Embassy Avenue, Pharr, TX 78577

Residential Income, Pharr, TX

Property Size4,396 SF
Lot Size0.21 Acres
Price / SF$96.68
Days on Market148

Property Features for 3701 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 Southwest 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 Right, 4th Property.
Standard status Active
APN J235500000001100
Size 4,396 SF
Lot size 0.21 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 10610
HOA Fee $750 Annually

Utilities

Heating system Central
Cooling system Central Air
Water source Public

Amenities

gated community

Building Details

Year built 2006
Floors in Building 1
Number of units 4
Building materials Brick
Roof type Shingle
Listing Agency: Keller Williams Realty RGV
Listed By: Jaime Lee Gonzalez · License #713189
Added: May 13 Changed: Sep 4 Last Checked: Oct 7 at 5:06PM
MLS# 488970

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 2006, this quadplex contains four residential units within approximately 4,396 square feet of total living area. Each unit offers three bedrooms and three baths, creating a consistent configuration across the property. Brick construction, shingle roofing, central heating, central air, and public water service are reported. The property is situated on approximately 0.2112 acres and has no designated parking features.

The property is located in Pharr, Texas, near shopping, dining, and local attractions. All four units are fully leased, providing an established occupancy profile for the existing residential income use.

Key Highlights

  • Four‑unit quadplex with 4,396 square feet of total living area
  • Each unit includes 3 bedrooms and 3 baths
  • Fully leased residential income property

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 (±1% cap)
NOI $38,443 @ 7.0% cap · market cap 9.05%
Second Best
Apartment 5plus
$505.6K
$442.4K – $589.9K (±1% cap)
NOI $35,394 @ 7.0% cap · market cap 8.33%
Theoretical Best
Hotel Hospitality
$3.31M
$2.90M – $3.86M (±1% cap)
NOI $231,779 @ 7.0% cap · market cap 54.54%
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
100%
Occupancy

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
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Frequently Asked Questions

What type of property is this?
Quadplex - Fully leased multifamily property with consistent three-bedroom, three-bath layouts in a gated community.
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‑unit quadplex with 4,396 square feet of total living area; Each unit includes 3 bedrooms and 3 baths; Fully leased residential income property
More about this property
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