1706 Violet Dr Pharr, TX 78577
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.