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Property profile

1705 Violet Dr Pharr, TX 78577

OFF-MARKET
Apartment buildings
Built 2024
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Property summary

AI-generated overview

This exceptional fourplex in Pharr, Texas, presents a lucrative investment opportunity. Completed in October 2024, this property boasts two buildings situated on a spacious 10,398.208 square foot lot. The modern design features a consistent gray neutral color scheme throughout both buildings, creating a clean and sleek aesthetic. Each building houses two distinct units. Two units offer three bedrooms and two bathrooms, each spanning 1,111 square feet. The remaining two units provide two bedrooms and two bathrooms, with each unit measuring 953 square feet. Conveniently located off Jackson Road, between Sioux Road and Ferguson Road, this property offers easy access to local amenities and transportation. The asking price is $560,000, representing a strong potential return on investment. This turnkey property is ideal for investors seeking immediate cash flow and long-term appreciation. The property's new construction ensures minimal maintenance and upkeep, maximizing profitability. Don't miss this chance to acquire a high-demand multifamily property in a thriving Texas market. Contact us today to schedule a showing.

Property profile

Verified
Property type Apartment buildings
Year built 2024

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1705 Violet Dr Pharr, TX 78577
Pharr metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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