$520,000
8-Unit Multifamily in Pharr, TX
Hidalgo County, TX · listed Jun 15, 2026 (134 days)
Price per unit compared
This property$65K
Within ~40 mi (200)$82K
Texas median (1,196)$92K
- $/unit
- $65,000
- ▼ 29% vs TX · 26th pct
- Cap rate
- 7%
- ▼ 0.4 pts vs TX median
- Gross yield
- —
- Units
- 8
- 2 bldg · 2017
Financials
- Asking price
- $520,000
- Price per unit
- $65,000
- Price per sq ft
- $117
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- 7%
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 8
- Unit mix
- Two 3 bedroom units and two 2 bedroom units
- Buildings
- 2
- Year built
- 2017
- Building size
- 4,456 sq ft
- Avg unit size
- 557 sq ft
- Lot size
- 0.24 acres
- Condition
- Not stated
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Jun 15, 2026
- Days on market
- 134 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1090
About this property
Excellent opportunity to own a fourplex in the Medical Ridge community in Pharr, TX. Modern finish out. Two 3 bedroom units and two 2 bedroom units. Near restaurants, shopping and easy access to highway.
Multifamily | 4 Units
Highlights
Opportunity to own a fourplex in the gated community of Medical Ridge in Pharr,TX. This is a large fourplex with modern features. Includes two 3 bedroom units and two 2 bedroom units. All units are individually metered for water and electricity. Close to shopping, restaurants, and easy access to the highway.
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Stabilized | $520K | $65K$65K | 7% |
Stabilized | $798K | $100K$100K | 6.4% |
High yield | $850K | $53K$53K | 10.5% |
Stabilized | $2.22M | $82K$82K | — |
High yieldStabilized | $1.75M | $88K$88K | 9% |
Mcallen, TXOwner financing | $700K | $88K$88K | — |
