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Property profile & analytics
OFF-MARKET
Apartment buildings

1706 Violet Dr Pharr, TX 78577

Built 2024
Property ID
Property summary
AI-generated overview

This exceptional fourplex investment property, located at 1706 W Violet Drive in Pharr, Texas, presents a compelling opportunity for investors seeking strong returns. Completed in October 2024, this property boasts two buildings, each housing two distinct units. The meticulously designed units feature a modern gray neutral color scheme, extending from the exterior to the interior for a clean and sophisticated aesthetic. The larger units offer three bedrooms and two bathrooms, spanning 1,111 square feet, while the smaller units provide two bedrooms and two bathrooms in 953 square feet. Situated on a substantial 10,398.208 square foot lot, the property benefits from its convenient location off Jackson Road, between Sioux Road and Ferguson Road. The asking price is $560,000, representing an attractive entry point into the thriving Pharr, Texas real estate market. This turnkey investment is poised for immediate rental income generation, making it an ideal addition to any portfolio. The property's new construction status ensures minimal maintenance needs and long-term value appreciation. Don't miss this chance to acquire a high-quality, income-producing asset in a desirable location. 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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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