4-Unit
712 W Bronze Drive, Pharr, TX 78577
For Sale
New
$340,000
Long-term tenants occupy all four residences, and appliances convey with the property.
Property Size3,780 SF
Price / SF$89.95
Days on Market2
Property Features for 712 W Bronze Drive
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Occupancy
Units
Unit Mix
Multifamily Units
Additional Details
Highway Access
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
Built-in Features
Ceiling Fan(s)
Dryer
Walk-In Closet(s)
Washer
Mature Trees
Building Details
Building Size
Year Built
Buildings
Stories
Units
Construction
Tenancy
Listing Agency:
The Agency Austin, LLC
(512) 607-5113
Listed By:
Myra Caridad GarcÃa
(956) 648-6456
Source:
Dolcevitargv
Added: Nov 6
Changed: Nov 7
Last Checked: Nov 7 at 6:57PM
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 The Agency Austin, LLC
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Investment Insights
Based on property information with market context.
Built in 2004, this four-unit property has two-bedroom, two-bathroom residences ranging from 945 to 950 square feet each. Interior features include tile flooring and dedicated washer and dryer areas; the exterior is full brick. Appliances convey with the units, which are leased to long-term tenants.
The property is near two expressways, shopping centers, and a designated elementary school. Sugar and Nolana are also cited as nearby road references.
The property is near two expressways, shopping centers, and a designated elementary school. Sugar and Nolana are also cited as nearby road references.
Key Highlights
- Four units, each with 2 bedrooms and 2 bathrooms
- Each residence measures 945‑950 sqft
- Built in 2004 with a full brick exterior
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,435
Cap Rate
8.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$608,700
$608.7K
Cap Rate 7%
$434,786
$434.8K
Cap Rate 9%
$338,167
$338.2K
Market Conditions
NOI Build-Up for 3,780 SF
Gross rent
$62.6K $16.56/SF
− Vacancy
−$7.3K −$1.92/SF
EGI
$55.3K $14.64/SF
− OpEx
−$24.9K −$6.59/SF
NOI
$30.4K $8.05/SF
Area
Hidalgo County, TX
Vacancy
11.60%
Lease Rate
$16.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$608,700
Cap Rate 7%
$434,786
Cap Rate 9%
$338,167
Alternative Uses
Best Use
Multifamily LT 5
$472.2K
$413.2K – $550.9K
NOI $33,056 @ 7.0% cap · market cap 9.72%
Second Best
Apartment 5plus
$434.8K
$380.4K – $507.3K
NOI $30,435 @ 7.0% cap · market cap 8.95%
Theoretical Best
Hotel Hospitality
$2.85M
$2.49M – $3.32M
NOI $199,301 @ 7.0% cap · market cap 58.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
356
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
$111,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Quadplexes in Pharr, TX
Properties on Market for Quadplexes in Pharr
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Long-term tenants occupy all four residences, and appliances convey with the property.
Where is this quadplex located?
The property is located at 712 W Bronze Drive Pharr, TX.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Four units, each with 2 bedrooms and 2 bathrooms; Each residence measures 945‑950 sqft; Built in 2004 with a full brick exterior
