Ground-Floor 1-Bedroom
For Sale
$230,000
4303 E Cactus Rd #126, Phoenix, AZ 85032
Gated residential property with golf-course frontage, private patio access, and community recreation amenities.
Property Size850 SF
Price / SF$270.59
Days on Market29
Property Features for 4303 E Cactus Rd #126
General Information
Standard status
Active
Size
850 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Additional Details
Highway Access
Yes
Amenities
gated
pool
spa
clubhouse
fitness center
walk-in closet
Building Details
Year Built
1983
Listing Agency:
Homesmart
(602) 230-7600
Listed By:
Kirsten Goebeler · License #SA665100000
(480) 792-9500
Source:
85086realestate
Added: Sep 8
Changed: Oct 4
Last Checked: Oct 5 at 6:02PM
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 Homesmart
Investment Insights
Based on property information with market context.
This ground-floor, one-bedroom, one-bath residence at Anasazi Village offers 850 square feet with an open interior layout and direct access to a patio overlooking Stone Creek Golf Course. The home features laminate flooring, fresh interior paint, updated cabinet paint, new baseboards, and a walk-in closet. A new AC system was installed in 2026, and the property was built in 1983.
The gated community spans 22 acres and includes five pools, five spas, a clubhouse, and a fitness center. The property is located at 4303 E Cactus Rd #126 in Phoenix, with access to the 51, PV, shopping, and dining.
The gated community spans 22 acres and includes five pools, five spas, a clubhouse, and a fitness center. The property is located at 4303 E Cactus Rd #126 in Phoenix, with access to the 51, PV, shopping, and dining.
Key Highlights
- 850‑square‑foot ground‑floor residence with 1 bedroom and 1 bathroom
- Patio outlook toward Stone Creek Golf Course
- New AC system installed in 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,627
Cap Rate
3.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$172,540
$172.5K
Cap Rate 7%
$123,243
$123.2K
Cap Rate 9%
$95,856
$95.9K
Market Conditions
NOI Build-Up for 850 SF
Gross rent
$16.8K $19.80/SF
− Vacancy
−$1.1K −$1.35/SF
EGI
$15.7K $18.45/SF
− OpEx
−$7.1K −$8.30/SF
NOI
$8.6K $10.15/SF
Area
ZIP 85032
Vacancy
6.80%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$172,540
Cap Rate 7%
$123,243
Cap Rate 9%
$95,856
Alternative Uses
Best Use
Apartment 5plus
$123.2K
$107.8K – $143.8K
NOI $8,627 @ 7.0% cap · market cap 3.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$256.9K
$224.8K – $299.8K
NOI $17,985 @ 7.0% cap · market cap 7.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,500
Businesses Nearby
Explore this area
Business Placement
Demographics for 85032, AZ
68,710
Population
30,386
Households
2.3
Avg Household Size
38
Median Age
34%
College-Educated
89%
High-School Grad
12.4 sq mi
ZIP Area
5,541
Density / Sq Mi
$74,331
Median Household Income
$44,790
Median Earnings
$1,492
Median Rent
$387,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Gated residential property with golf-course frontage, private patio access, and community recreation amenities.
Where is this residential income property located?
The property is located at 4303 E Cactus Rd #126 Phoenix, AZ.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: 850‑square‑foot ground‑floor residence with 1 bedroom and 1 bathroom; Patio outlook toward Stone Creek Golf Course; New AC system installed in 2026
