Four-Unit Multifamily
For Sale
$430,000
4708 N Cypress Street N, Pharr, TX 78577
Four-unit multifamily property available for sale.
Property Size4,056 SF
Days on Market113
Property Features for 4708 N Cypress Street N
General Information
Standard status
Active
Size
4,056 SF
Property subtype
Quadruplex
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$12,259
Building Details
Building Size
4,056 SF
Year Built
2014
Listing Agency:
Global Realty
Listed By:
Dean Chan
(956) 627-3662
Source:
Primeluxuryrealestate
Added: Jun 17
Changed: Sep 26
Last Checked: Oct 5 at 11:09PM
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 building consists of four units. The property was noted in public remarks as a four-unit asset.
The address is 4708 N Cypress St in Pharr, TX 78577.
With its four-unit configuration, the property is positioned for residential income use consistent with its existing multifamily setup.
The address is 4708 N Cypress St in Pharr, TX 78577.
With its four-unit configuration, the property is positioned for residential income use consistent with its existing multifamily setup.
Key Highlights
- 4‑unit multifamily property for sale
- Built in 2014
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.
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
384
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
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit multifamily property available for sale.
Where is this quadplex located?
The property is located at 4708 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: 4‑unit multifamily property for sale; Built in 2014
