Pharr Fourplex Investment
627 E Danielle Avenue Pharr, TX 78577
627 E Danielle Avenue, Pharr, TX, 78577
$525,000
For Sale
$525,000
MULTI_FAMILY - Pharr, TX
Property Size3,873 SF
Lot Size0.29 Acres
Price / SF$135.55
Days on Market198
Property Features for 627 E Danielle Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 2
- Parking features
- Garage
- Patio and Porch features
- Patio
- Appliances
- Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range-Electric Coil, Washer
- Standard status
- Active
- APN
- H042300000001400
- Size
- 3,873 SF
- Lot size
- 0.29 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 15848
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 2023
- Floors in Building
- 2
- Number of units
- 4
- Building materials
- Brick
- Roof type
- Composition
Listing Agency
Realty One Group Right Choice
(956) 587-9237
2508 Buddy Owens Blvd, McAllen, TX
Listed by
Melissa Velazquez
(956) 780-6954
Added: Dec 30, 2025 Checked: Jul 16 at 11:06 pm
MLS# 489067
Listing URL
Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This is a great investment opportunity with a fully occupied fourplex of townhouse units located in the gated community of Hacienda Santa Lucia in Pharr, TX. The income-producing property offers immediate cash flow and strong rental demand. Each unit is equipped with a refrigerator, stove/oven, microwave, washer, and dryer. The functional floor plans feature 2 bedrooms and 2.5 bathrooms. All bedrooms are located upstairs for added privacy and efficient use of space. The property provides assigned covered carport parking for two vehicles per unit. The secure, gated community adds to its appeal for long-term tenants and investors. The property size is 3,873 square feet and the lot size is 0.2872 acres.
Key Highlights
- Fully occupied 4‑plex townhouse property in the gated community of Hacienda Santa Lucia in Pharr, TX.
- Built in 2023 with brick construction and a composition roof.
- Each unit is a 2‑bedroom, 2.5‑bath layout with bedrooms located upstairs.
Local 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 | $54.4k | $14.04 |
| − Vacancy | −$6.0k | −$1.55 |
| EGI | $48.4k | $12.49 |
| − OpEx | −$14.5k | −$3.75 |
| NOI | $33.9k | $8.74 |
3,873 SF · lease $14.04/SF/yr · vacancy 11.02% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$483.8K
$423.4K – $564.5K
NOI $33,869 @ 7.0% cap · market cap 6.45%
Second Best
Apartment 5plus
$445.5K
$389.8K – $519.7K
NOI $31,183 @ 7.0% cap · market cap 5.94%
Theoretical Best
Hotel Hospitality
$2.92M
$2.55M – $3.40M
NOI $204,204 @ 7.0% cap · market cap 38.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Fully occupied fourplex in gated community, great investment opportunity.
Where is this quadplex located?
The property is located at 627 E Danielle Avenue Pharr, TX.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Fully occupied 4‑plex townhouse property in the gated community of Hacienda Santa Lucia in Pharr, TX.; Built in 2023 with brick construction and a composition roof.; Each unit is a 2‑bedroom, 2.5‑bath layout with bedrooms located upstairs.
