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Four-Unit Multifamily Property
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4707 N CYPRESS ST, Pharr, TX 78577

Four-unit income property offered for sale, suited for investors seeking a manageable small-scale multifamily holding.

Property Size4,056 SF
Price / SF$106.02
Days on Market50

Property Features for 4707 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 10 Last Checked: Aug 4 at 8:34AM

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 offering is a four-unit multifamily property, positioned as a small residential income asset with four separate units. Public remarks identify it as multifamily and reference 05/31/2016, which may relate to the recorded listing history. The property is listed for sale with a total size of 4,056 square feet, supporting its use as a compact, four-unit configuration.

As provided, the information does not specify additional on-site amenities, unit layouts, or interior features, and there are no details included regarding parking, upgrades, or whether any renovations occurred. The address is included in the listing record, but this marketing summary focuses only on the confirmed asset type and unit count.

For buyers looking at small-scale multifamily opportunities, a four-unit structure can be a practical way to diversify across multiple households while keeping operations more concentrated than larger apartment communities. This property’s straightforward configuration may appeal to owner-operators or investor groups that want direct involvement and manageable oversight. With limited specifics available here beyond the unit count and total size, prospective buyers should plan to review unit interiors, current lease status, and operating expenses as part of their due diligence.

Key Highlights

  • 4‑unit multifamily income property
  • Built in 2013

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 Furniture & Home Goods

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
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit income property offered for sale, suited for investors seeking a manageable small-scale multifamily holding.
Where is this quadplex located?
The property is located at 4707 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: 4‑unit multifamily income property; Built in 2013
More about this property
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