8-Unit Multifamily in Pharr, TX

Hidalgo County, TX · listed Jun 15, 2026 (135 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: 0.26 acres
Condition: Stabilized

Deal terms

Owner financing: Not stated

Listing

Listed: Jun 15, 2026
Days on market: 135 days
On MultifamilyRadar: Oct 28, 2026
Last price change: Not stated
Location: Approximate (~0.5 mi)
Listing #: 1386

About this property

Large, modern fourplex in gated community of Medical Ridge. Close to shopping, restaurants, highway access. Beautiful finish out with modern designs.

Multifamily | 4 Units

Highlights

Excellent opportunity to own a large fourplex in the gated community of Medical Ridge Subdivision in Pharr, TX. Fourplex features modern interiors, two 3 bedroom units and two 2 bedroom units. All units are individually metered for water and electricity. Tenants pay for their utilities. Excellent rental history. All units leased.

Location

Approximate area. The exact address is shared on request.

Similar buildings nearby

Property	Units	Price	$/unit$/unit vs median	Cap
Pharr, TX	8	$520K	$65K$65K	7%
Pharr, TX High yield	16	$850K	$53K$53K	10.5%
Mcallen, TX High yieldStabilized	20	$1.75M	$88K$88K	9%
Pharr, TX Stabilized	8	$798K	$100K$100K	6.4%
Mcallen, TX Owner financing	8	$700K	$88K$88K	—
Mcallen, TX Stabilized	6	$379K	$63K$63K	7.7%