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    712 Bronze Dr Pharr, TX 78577

    For Sale
    $360,000

    Four-unit apartment building, excellent location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional investment opportunity presents a fully occupied four-unit apartment building situated on a spacious 9,361 square foot lot in Pharr, Texas. Built in 2004, the property comprises two buildings, each offering two spacious apartments. The units boast a desirable open-concept design, featuring two bedrooms and two full bathrooms, complete with walk-in closets for added convenience. All units are equipped with tile flooring throughout and include essential kitchen appliances. The property benefits from its prime location, providing easy access to major roadways such as Highway 281 and Highway 83, ensuring convenient commutes for residents. Currently generating consistent rental income from well-established tenants, this property represents a strong value proposition for investors seeking a stable and profitable addition to their portfolio. The asking price for this turnkey multifamily investment is $360,000. The property's address is 712 W Bronze Drive, Pharr, TX 78577, within Hidalgo County. This is a rare opportunity to acquire a well-maintained, income-producing property in a thriving Texas market.

    Property Features for 712 Bronze Dr

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    2004
    Buildings
    2
    Units
    4

    HighLights

    • $360,000 asking price.
    • Four‑unit multifamily apartment building.
    • Built in 2004, two buildings on a 9,361 sq ft lot.
    • Fully occupied with long‑term tenants.
    • Each unit features two bedrooms, two bathrooms, and an open‑concept layout with tile flooring and included appliances.
    • Excellent location with easy access to Hwy 281 & 83.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pharr
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1872314
    Latitude
    26.2297249

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    FAQs

    What type of property is this?
    Multifamily property - Four-unit apartment building, excellent location.
    Where is this multifamily property located?
    The property is located at 712 Bronze Dr Pharr, TX.
    What is the asking price?
    The asking price for this property is $360,000.
    What are key features of this property?
    This property features: $360,000 asking price.; Four-unit multifamily apartment building.; Built in 2004, two buildings on a 9,361 sq ft lot.
    Request Owner's contact information
    712 Bronze Dr Pharr, TX 78577
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    712 Bronze Dr Pharr, TX 78577
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