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Four-Unit Multifamily Property
For Sale
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4701 N CYPRESS ST, Pharr, TX 78577

Four-unit multifamily building is offered for sale, with a listed price of $430,000.

Property Size4,056 SF
Price / SF$106.02
Days on Market44

Property Features for 4701 N CYPRESS ST

General Information

Standard status Active
Size 4,056 SF
Property subtype Multifamily

Additional Details

Multifamily Units 4

Building Details

Year Built 2013
Listing Agency: Global Realty
Listed By: Dean Chan
Source: Crexi
Added: Jun 17 Changed: Jul 23 Last Checked: Jul 27 at 12:29PM

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 for-sale multifamily property consists of four units within a quadplex configuration. The property was last noted in public remarks in 2016.

The asset address is 4701 N Cypress St in Pharr, Texas.

At the time of listing, the property size is reported as 4,056 square feet. The offering price is listed at $430,000.

Key Highlights

  • 2013‑built four‑unit multifamily building
  • Offered for sale at a listed price of $430,000
  • Public remarks note 4 units (multifamily)

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $56.9k $14.04
− Vacancy −$6.3k −$1.55
EGI $50.7k $12.49
− OpEx −$15.2k −$3.75
NOI $35.5k $8.74
4,056 SF · lease $14.04/SF/yr · vacancy 11.02% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$506.7K
$443.4K – $591.2K (±1% cap)
NOI $35,470 @ 7.0% cap · market cap 8.25%
Second Best
Apartment 5plus
$466.5K
$408.2K – $544.3K (±1% cap)
NOI $32,657 @ 7.0% cap · market cap 7.59%
Theoretical Best
Hotel Hospitality
$3.06M
$2.67M – $3.56M (±1% cap)
NOI $213,853 @ 7.0% cap · market cap 49.73%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Skin Care Clinic Electrical Service Hair Salon

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

Location Intelligence

Trade Area within ½ mile

889
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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit multifamily building is offered for sale, with a listed price of $430,000.
Where is this quadplex located?
The property is located at 4701 N CYPRESS ST 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: 2013‑built four‑unit multifamily building; Offered for sale at a listed price of $430,000; Public remarks note 4 units (multifamily)
(956) 627-3662 Call to check price and availability
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