Quadplex with Quartz
For Sale
$430,000
4607 N Cypress Street N, Pharr, TX 78577
Four residential units feature durable tile floors and quartz kitchen countertops.
Property Size4,056 SF
Days on Market90
Property Features for 4607 N Cypress Street N
General Information
Standard status
Active
Size
4,056 SF
Property subtype
Quadruplex
Additional Details
Highway Access
Yes
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$12,067
Building Details
Building Size
4,056 SF
Year Built
2013
Listing Agency:
Global Realty
Listed By:
Dean Chan
(956) 627-3662
Source:
Primeluxuryrealestate
Added: Jul 18
Changed: Oct 1
Last Checked: Oct 13 at 1:21AM
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 Global Realty
Investment Insights
Based on property information with market context.
This four-unit residential income property was built in 2013 and offers a configuration suited to multifamily ownership. Interior finishes include tile flooring and quartz countertops across the units.
The property is located in Pharr, Texas, near HWY 281, providing access to a regional transportation corridor. Its fourplex format and established interior finishes create a straightforward multifamily asset profile.
The property is located in Pharr, Texas, near HWY 281, providing access to a regional transportation corridor. Its fourplex format and established interior finishes create a straightforward multifamily asset profile.
Key Highlights
- Four‑unit quadplex configuration
- Built in 2013
- Tile flooring in the interiors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,470
Cap Rate
8.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$709,400
$709.4K
Cap Rate 7%
$506,714
$506.7K
Cap Rate 9%
$394,111
$394.1K
Market Conditions
NOI Build-Up for 4,056 SF
Gross rent
$56.9K $14.04/SF
− Vacancy
−$6.3K −$1.55/SF
EGI
$50.7K $12.49/SF
− OpEx
−$15.2K −$3.75/SF
NOI
$35.5K $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%
$709,400
Cap Rate 7%
$506,714
Cap Rate 9%
$394,111
Alternative Uses
Best Use
Multifamily LT 5
$506.7K
$443.4K – $591.2K
NOI $35,470 @ 7.0% cap · market cap 8.25%
Second Best
Apartment 5plus
$466.5K
$408.2K – $544.3K
NOI $32,657 @ 7.0% cap · market cap 7.59%
Theoretical Best
Hotel Hospitality
$3.06M
$2.67M – $3.56M
NOI $213,853 @ 7.0% cap · market cap 49.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
377
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
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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 - Four residential units feature durable tile floors and quartz kitchen countertops.
Where is this quadplex located?
The property is located at 4607 N Cypress Street N Pharr, TX.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Four‑unit quadplex configuration; Built in 2013; Tile flooring in the interiors
