1506 Quail St Pharr, TX 78577
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 1506 Quail St
- Year built
- 2006
- Property type
- Small apartment buildings
Description
This exceptional income-generating property, located at 1506 E Quail Street, Pharr, Texas 78577, presents a compelling investment opportunity. The property consists of a four-unit apartment building, built in 2006, situated on a 9,229.057 square foot lot. The complex comprises two buildings, offering a total of four rental units, currently fully occupied. Its prime location near the intersection of Veterans and Moore Road in Pharr provides easy access to the thriving communities of Pharr and McAllen, with convenient proximity to the expressway. This ensures high tenant demand and maximum occupancy throughout the year. All appliances are included in each unit, minimizing management hassles and maximizing immediate income potential. The asking price is $380,000. This property is ideal for both seasoned investors seeking consistent cash flow and long-term appreciation, and those new to real estate investment looking for a low-maintenance, high-return asset. The property's strong location and current occupancy make it a rare opportunity to enhance any real estate portfolio. This is a turnkey investment ready to generate immediate income.
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
- -98.173152
- Latitude
- 26.1697518
