MULTIFAMILYRADAR
14-Unit Multifamily in Pharr, TX, photo 1
Stabilized
$1,590,000

14-Unit Multifamily in Pharr, TX

TX · listed Mar 28, 2026 (214 days)

Price per unit compared
This property$114K
Within ~40 mi (203)$82K
Texas median (1,196)$92K
$/unit
$113,571
▲ 23% vs TX · 63rd pct
Cap rate
—
 
Gross yield
10.4%
 
Units
14
14 bldg · 1996

Financials

Asking price
$1,590,000
Price per unit
$113,571
Price per sq ft
$99
Gross rent / year
$165,480avg rent × units
Net operating income
Not stated
NOI per unit
Not stated
Cap rate
Not stated
Gross yield
10.4%gross rent ÷ price
Occupancy
Not stated

As stated by the seller. Verify during due diligence.

Building

Units
14
Unit mix
14 spacious units | 2 Bed / 2 Bath each
Buildings
14
Year built
1996
Building size
16,080 sq ft
Avg unit size
1,149 sq ft
Lot size
0.75 acres
Condition
Stabilized

Deal terms

Owner financing
Not stated

Listing

Listed
Mar 28, 2026
Days on market
214 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
1849

About this property

Discover an exceptional income-producing property featuring 14 well-maintained units, each offering 2 bedrooms and 2 full bathrooms—a highly desirable layout for long-term tenant stability. This asset is currently generating consistent cash flow with average rents of $985, while select units are already achieving up to $1,075, presenting a clear opportunity for immediate rental upside and increased returns. Strategically located in a high-demand area, the property benefits from strong occupancy with only one vacancy, making it a turnkey investment for both seasoned and first-time investors. Investment Highlights: 14 spacious units | 2 Bed / 2 Bath each, Strong rental demand with low vacancy,Proven rental history with upside potential Ideal unit mix for tenant retention. Excellent location with continued growth Seller and listing agent are highly motivated—creating a rare opportunity to secure a stabilized asset with built-in equity and income growth potential

Multifamily | 14 Units

Location

Approximate area. The exact address is shared on request.

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