1701 Violet Dr Pharr, TX 78577
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 1701 Violet Dr
- Year built
- 2024
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional fourplex investment property in Pharr, Texas, presents a lucrative opportunity. Located at 1701 W Violet Drive, this newly constructed property (estimated completion October 2024) boasts two buildings situated on a spacious 10,398.208 square foot lot. The property features a modern, neutral color scheme throughout. Each building houses two units, offering a mix of floor plans to cater to diverse renter needs. Two units offer 3 bedrooms and 2 bathrooms, each spanning 1,111 square feet. The remaining two units provide 2 bedrooms and 2 bathrooms, with each unit encompassing 953 square feet. The property's prime location, near Jackson Road between Sioux Road and Ferguson Road, ensures high occupancy rates and strong rental income potential. With its attractive design, desirable layout, and strategic location, this fourplex represents a compelling investment for those seeking a high return on investment in the thriving Pharr, Texas market. The asking price for this turnkey investment is $560,000. This is a rare opportunity to acquire a brand-new, multi-unit property in a rapidly growing area. Don't miss out on this chance to build your investment portfolio.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pharr
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.1964
- Latitude
- 26.2176
