Townhouse-Style
For Sale
$499,000
627 E Danielle Avenue, Pharr, TX 78577
Residential Income, Pharr, TX
Property Size3,873 SF
Lot Size0.29 Acres
Price / SF$128.84
Days on Market9
Property Features for 627 E Danielle Avenue
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Parking
8
Parking features
Garage
Patio and Porch features
Patio
Appliances
Electric Water Heater, Dryer, Microwave, Refrigerator, Stove/Range-Electric Coil, Washer
Subdivision
Hacienda Santa Lucia
Lot features
Curb & Gutters, Sidewalks
Elementary school
Long Elem
Middle school
Johnson
High school
PSJA North H.S.
Elementary school district
PSJA ISD
Middle school district
PSJA ISD
High school district
PSJA ISD
Directions
From US-281, take the E. Nolana Loop/Earling Rd. exit and head east. Turn left onto Ebony St., then turn right onto Danielle Ave. The property will be on your right.
Standard status
Active
APN
H042300000001400
Size
3,873 SF
Lot size
0.29 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
15818
HOA Fee
$500 Annually
Utilities
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Water source
Public
Amenities
gated community
in-unit washer and dryer
Building Details
Year built
2023
Floors in Building
2
Number of units
4
Building materials
Brick
Roof type
Composition
Listing Agency:
Key Realty
(956) 627-7552
Listed By:
Preshina Samtani · License #617748
(956) 460-7763
Added: Aug 21
Last Checked: Aug 29 at 11:06AM
MLS# 513208
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.
Built in 2023, this 3,873-square-foot quadplex contains four townhouse-style residences within Hacienda Santa Lucia, a gated community in Pharr. Each unit has two bedrooms, two-and-a-half bathrooms, and an upstairs bedroom arrangement. The property is fully occupied and includes brick construction, composition roofing, central electric heating and cooling, and public water service.
Unit amenities include an electric range, refrigerator, microwave, washer, dryer, and electric water heater. Each residence also has a patio and assigned covered carport parking for two vehicles. The property occupies 0.2872 acres at 627 E Danielle Avenue in Pharr, Texas 78577.
Unit amenities include an electric range, refrigerator, microwave, washer, dryer, and electric water heater. Each residence also has a patio and assigned covered carport parking for two vehicles. The property occupies 0.2872 acres at 627 E Danielle Avenue in Pharr, Texas 78577.
Key Highlights
- Four fully occupied townhouse‑style units
- Each unit includes 2 bedrooms and 2.5 bathrooms
- 3,873 square feet on a 0.2872‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$33,869
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.79%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$677,380
$677.4K
Cap Rate 7%
$483,843
$483.8K
Cap Rate 9%
$376,322
$376.3K
Market Conditions
NOI Build-Up for 3,873 SF
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.
Gross rent
$54.4K $14.04/SF
− Vacancy
−$6.0K −$1.55/SF
EGI
$48.4K $12.49/SF
− OpEx
−$14.5K −$3.75/SF
NOI
$33.9K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$677,380
Cap Rate 7%
$483,843
Cap Rate 9%
$376,322
Alternative Uses
Best Use
Multifamily LT 5
$483.8K
$423.4K – $564.5K
NOI $33,869 @ 7.0% cap · market cap 6.79%
Second Best
Apartment 5plus
$445.5K
$389.8K – $519.7K
NOI $31,183 @ 7.0% cap · market cap 6.25%
Theoretical Best
Hotel Hospitality
$2.92M
$2.55M – $3.40M
NOI $204,204 @ 7.0% cap · market cap 40.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied gated-community property with furnished kitchens, in-unit laundry, and covered parking assigned to each residence.
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 $499,000.
What are key features of this property?
This property features: Four fully occupied townhouse‑style units; Each unit includes 2 bedrooms and 2.5 bathrooms; 3,873 square feet on a 0.2872‑acre lot
