Renovated Fourplex in Gated
For Sale
$545,000
4718 N Ebony, Pharr, TX 78577
Four fully leased units feature enclosed patios, updated kitchens, and assigned covered parking.
Property Size4,160 SF
Price / SF$131.01
Days on Market54
Property Features for 4718 N Ebony
General Information
Standard status
Active
Size
4,160 SF
Property subtype
Multi-Family
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Units
Unit Mix
4 x 3BR/2BA
Multifamily Units
4
Parking per Unit
2
Building Details
Year Built
2016
Buildings
1
Tenancy
Multi
Listing Agency:
Equity Assets Realty
Listed By:
Eugenia Morales · License #801066604
(956) 994-9455
Source:
Tnt
Added: Aug 15
Changed: Oct 1
Last Checked: Oct 4 at 6:56AM
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 Equity Assets Realty
Investment Insights
Based on property information with market context.
Built in 2016, this 4,160-square-foot quadplex includes four renovated residential units, each offering three bedrooms, two bathrooms, an enclosed patio, a carpet-free interior, and a spacious kitchen. Brand-new stainless-steel appliances and assigned covered parking for two vehicles per unit add practical improvements to the configuration.
The property is located within the gated Hacienda Santa Lucia community in Pharr, just off Expressway 281 and E. Nolana Loop. The surrounding area provides access to shopping, restaurants, schools, major roads, and other amenities. All four units are fully leased, with the existing occupancy providing an established rental setup for the next owner.
The property is located within the gated Hacienda Santa Lucia community in Pharr, just off Expressway 281 and E. Nolana Loop. The surrounding area provides access to shopping, restaurants, schools, major roads, and other amenities. All four units are fully leased, with the existing occupancy providing an established rental setup for the next owner.
Key Highlights
- Four‑unit quadplex with 4,160 SF of property size
- All four units are fully leased
- Each unit includes 3 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,379
Cap Rate
6.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$727,580
$727.6K
Cap Rate 7%
$519,700
$519.7K
Cap Rate 9%
$404,211
$404.2K
Market Conditions
NOI Build-Up for 4,160 SF
Gross rent
$58.4K $14.04/SF
− Vacancy
−$6.4K −$1.55/SF
EGI
$52.0K $12.49/SF
− OpEx
−$15.6K −$3.75/SF
NOI
$36.4K $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%
$727,580
Cap Rate 7%
$519,700
Cap Rate 9%
$404,211
Alternative Uses
Best Use
Multifamily LT 5
$519.7K
$454.7K – $606.3K
NOI $36,379 @ 7.0% cap · market cap 6.68%
Second Best
Apartment 5plus
$478.5K
$418.7K – $558.2K
NOI $33,494 @ 7.0% cap · market cap 6.15%
Theoretical Best
Hotel Hospitality
$3.13M
$2.74M – $3.66M
NOI $219,336 @ 7.0% cap · market cap 40.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road 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
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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 fully leased units feature enclosed patios, updated kitchens, and assigned covered parking.
Where is this quadplex located?
The property is located at 4718 N Ebony Pharr, TX.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: Four‑unit quadplex with 4,160 SF of property size; All four units are fully leased; Each unit includes 3 bedrooms and 2 bathrooms
