Stabilized
$899,900
8-Unit Multifamily in Pharr, TX
TX · listed Sep 22, 2026 (36 days)
Price per unit compared
This property$112K
Within ~40 mi (200)$82K
Texas median (1,196)$92K
- $/unit
- $112,488
- ▲ 22% vs TX · 63rd pct
- Cap rate
- —
- Gross yield
- 10.5%
- Units
- 8
- 2023
Financials
- Asking price
- $899,900
- Price per unit
- $112,488
- Price per sq ft
- $151
- Gross rent / year
- $94,800
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- 10.5%gross rent ÷ price
- Occupancy
- 100%
As stated by the seller. Verify during due diligence.
Building
- Units
- 8
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- 2023
- Building size
- 5,952 sq ft
- Avg unit size
- 744 sq ft
- Lot size
- Not stated
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Sep 22, 2026
- Days on market
- 36 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1768
About this property
INVESTMENT OPPORTUNITY – 100% OCCUPIED 8-UNIT PROPERTY! Offered at $899,900, this income-producing multifamily property in Pharr is fully occupied, generating $7,900 in gross monthly rental income and $94,800 annually. The property offers approximately 5,952 sq. ft., individual electric and water meters, covered parking, and appliances included. Newer construction with an established rental income stream makes this an attractive addition to an investment portfolio. Conveniently located with easy access to major roads, shopping, dining, and surrounding RGV communities. Schedule your showing today!
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
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|---|---|---|---|
 Pharr, TXStabilized | $570K | $57K$57K | — |
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 Mcallen, TXNew construction | $975K | $163K$163K | — |