2001 Violet Dr Pharr, TX 78577
- Apartment buildings
- 4,100 SF
Current Use by Public Records
- Apartment buildings
Property Details for 2001 Violet Dr
- Year built
- 2024
- Property size
- 4,100 SF
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional investment opportunity presents a brand-new, two-building fourplex located at 2001 W Violet Drive, Pharr, Texas, 78577. Completed in mid-December 2024, this property boasts a total of 4,100 square feet situated on a generous 10,398.208 square foot lot. The strategic location, off Jackson Road between Sioux Road and Ferguson Road, offers easy access to Expressway 281, Doctor's Hospital at Renaissance, shopping, and entertainment. This prime location ensures high tenant demand and strong rental income potential. Each building features two distinct units: one spacious 3-bedroom, 2-bathroom unit and one comfortable 2-bedroom, 2-bathroom unit. The modern design and desirable amenities are sure to attract quality tenants. The asking price for this turnkey investment is $560,000. This property represents a compelling opportunity for both seasoned investors looking to expand their portfolio and first-time investors seeking a strong entry point into the multifamily market. The property's new construction and prime location in Hidalgo County, Texas, promise a stable and potentially lucrative investment. Don't miss this chance to acquire a high-yield asset in a thriving Texas market.
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
