Four-Unit Gated
For Sale
$450,000
3704 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 3704 S Embassy Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
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, 2nd Property.
Standard status
Active
APN
J235500000000200
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
Electric (Heating), Central
Cooling system
Electric, Central Air
Amenities
gated community
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: Sep 12
Last Checked: Oct 7 at 5:06PM
MLS# 488898
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 contains approximately 5,030 square feet of total living area. The unit mix includes two residences with three bedrooms and 2.5 baths, plus two residences with two bedrooms and 2.5 baths. Brick and stone construction, composition roofing, privacy fencing, and central air conditioning and heating are among the property features. Electric water heating is also installed.
The property is situated within a gated community in Pharr and is fully leased. Shopping, dining, and local attractions are located nearby. The parcel encompasses 0.199 acres, and the property includes no designated parking features.
The property is situated within a gated community in Pharr and is fully leased. Shopping, dining, and local attractions are located nearby. The parcel encompasses 0.199 acres, and the property includes no designated parking features.
Key Highlights
- Four‑unit quadplex built in 2008
- Approximately 5,030 square feet of total living area
- Unit mix includes two 3‑bedroom, 2.5‑bath residences and two 2‑bedroom, 2.5‑bath residences
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.
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
81
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
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully leased quadplex with varied floor plans, private fencing, and central heating and cooling in a gated community.
Where is this quadplex located?
The property is located at 3704 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 built in 2008; Approximately 5,030 square feet of total living area; Unit mix includes two 3‑bedroom, 2.5‑bath residences and two 2‑bedroom, 2.5‑bath residences
