Gated Quadplex with Mixed Unit
For Sale
$450,000
3702 S Embassy Avenue, Pharr, TX 78577
Residential Income, Pharr, TX
Property Size5,030 SF
Lot Size0.20 Acres
Price / SF$89.46
Days on Market157
Property Features for 3702 S Embassy Avenue
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Parking
8
Parking features
None
Fencing
Privacy
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 Left, 3rd Property.
Standard status
Active
APN
J235500000000300
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
Cooling system
Central Air
Water source
Public
Building Details
Year built
2008
Floors in Building
2
Number of units
4
Building materials
Brick, Stone
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 8
Last Checked: Oct 16 at 4:06AM
MLS# 488916
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.
This four-unit multifamily property contains approximately 5,030 square feet of living area within a 2008-built structure. The unit mix includes two residences with three bedrooms and 2.5 baths each, plus two additional residences offering two bedrooms and 2.5 baths each. Brick-and-stone construction, a composition roof, central heating, and central air serve the property. Public water and electric water heating are also provided.
The property occupies 0.199 acres at 3702 S Embassy Avenue in Pharr, Texas, and is situated within a gated community. All four units are fully leased. Shopping, dining, and local attractions are located nearby. Privacy fencing is included, while no parking is identified in the property information.
The property occupies 0.199 acres at 3702 S Embassy Avenue in Pharr, Texas, and is situated within a gated community. All four units are fully leased. Shopping, dining, and local attractions are located nearby. Privacy fencing is included, while no parking is identified in the property information.
Key Highlights
- Four‑unit quadplex with approximately 5,030 square feet of living area
- Unit mix includes two 3‑bedroom units and two 2‑bedroom units
- All units feature 2.5 baths; property is fully leased
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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Current Use
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Fully leased quadplex with varied floor plans, central HVAC, and brick-and-stone construction in a gated community.
Where is this quadplex located?
The property is located at 3702 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 living area; Unit mix includes two 3‑bedroom units and two 2‑bedroom units; All units feature 2.5 baths; property is fully leased
