Technical
Financial
Distress signals
Property profile

1208 S Diplomat Dr Pharr, TX 78577

FOR SALE
Quadplexes
Property ID
US82-2193220
3,692 SF Built 2006
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Property summary

AI-generated overview

Rare opportunity to assume an FHA loan at just 2.89% interest (approx. $248K balance, subject to lender approval)! This fourplex in the highly sought-after Sam Houston Heights generates an annual gross income of $41,400 and sits in a prime location off Frontage Rd, near Top Golf, upscale restaurants, and McAllen medical centers. Recent updates include a new outside A/C unit in Apartment #4, brand-new tankless water heaters for all four units (2024), plus stylish remodels in Apartments #2 and #4 with updated fixtures, modern faucets, freshly painted cabinets, and contemporary ceiling fans.

Property profile

Verified
Property type Quadplexes
Year built 2006
Total area 3,692 SF
UPID US82-2193220

Cap rate & NOI

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

Location

1208 S Diplomat Dr Pharr, TX 78577
Pharr metro
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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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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