Beautiful investment property in Pharr Tx by the expressway close to shopping centers and eaterys. 4 unit fourplex that has fully rented since owned. Each unit brings in 850$ in rent all 2 bed 2 full bath with all appliances included and washer/dryer. Roof is faily new and ac units as well. All units have been well taken care of and maintained well after every tenant leaves.
Exceptional investment opportunity in one of Pharr most desirable rental corridors adjacent to North McAllen! This brand-new fourplex is currently under construction with an anticipated completion and closing date of August 2026. Strategically located near DHR Health, Walmart, Expressway 281, and major thoroughfares including Sugar Road, Pecan Boulevard, and Nolana Avenue. Residents enjoy quick access to the Medical District, shopping, dining, parks, schools, and employment centers throughout the Rio Grande Valley. This central location consistently attracts quality tenants and maintains strong occupancy levels compared to many outlying submarkets. Investors will appreciate the potential benefits of new construction, including depreciation advantages, tax benefits, portfolio growth, 1031 exchange opportunities, and long-term appreciation potential. Well worth considering if you're seeking quality, location, and long-term performance.
Under construction with estimated completion September 2026! Take advantage of pre-construction pricing and receive $6,000 in seller concessions to assist with closing costs or rate buy-down. Visit our Edinburg model units to experience the quality, design, and finishes firsthand. These well-designed 3-bedroom, 2-bath and 2 bed 2bath units offer spacious layouts with a functional mix of one tub and one walk-in shower. Conveniently located near DHR Hospital, South Texas College, Expressway 281, and Nolana, providing quick access to Edinburg, Pharr, and McAllen. This area continues to show strong rental demand and occupancy. Kitchen appliances included for added value. Great opportunity for both owner-occupants and investors seeking location, quality, and long-term potential.
Under construction with estimated completion September 2026! Take advantage of pre-construction pricing and receive $6,000 in seller concessions to assist with closing costs or rate buy-down. Visit our Edinburg model units to experience the quality, design, and finishes firsthand. These well-designed 3-bedroom, 2-bath and 2 bed 2bath units offer spacious layouts with a functional mix of one tub and one walk-in shower. Conveniently located near DHR Hospital, South Texas College, Expressway 281, and Nolana, providing quick access to Edinburg, Pharr, and McAllen. This area continues to show strong rental demand and occupancy. Kitchen appliances included for added value. Great opportunity for both owner-occupants and investors seeking location, quality, and long-term potential.
Beautiful two-story four-plex featuring 3-bedroom units within a gated community! Each unit offers a thoughtfully designed floor plan, modern finishes, and its own private patio—including the upstairs units. These units provide considerably more outdoor living space than comparable single-story units, adding to their rental appeal. Bottom units offer especially desirable patio space. Each unit is separately metered for water and electricity and features modern tile flooring, distinctive luxury lighting, contemporary black fixtures, and custom kitchen cabinetry. Kitchens include stainless steel refrigerator, stove, and micro-hood, washers and dryers are also included. Additional features include a sprinkler system for enhanced curb appeal and convenient access to the expressway. Centrally located this multifamily property offers an excellent opportunity for investors.
Excellent investment opportunity to expand your real estate portfolio with this fourplex located in the thriving City of Pharr. The property features a desirable mix of spacious 3-bedroom and 2-bedroom units, appealing to a wide range of prospective tenants. Each unit offers generous living spaces, decorative ceilings, and a private patio area for added comfort and convenience. Situated in a prime location with strong rental demand, this income-producing property is an outstanding opportunity.
Prime location investment opportunity in the gated community of VIP Estates in Pharr, TX. This corner-lot 4-plex was built in 2005 and features four spacious units, each offering 2 bedrooms and 2 bathrooms. Three units are currently leased, with one vacant unit ready for improvements and immediate lease-up, providing value-add potential. Current leases are $950 x unit with upside as the market continues to strengthen. Tenants pay their own utilities, helping keep operating expenses low. Estimated cap rate of approximately 7.5% based on current rents and operating expenses, subject to buyer verification. Property offers solid layout, good structural integrity, and is located in a well-maintained neighborhood with controlled access. Ideal for investors seeking steady income with future growth potential.
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!
Great multifamily investment opportunity at 1701 Bronze in Pharr, TX! Situated in the gated Jackson South Apartments community, this fourplex offers four spacious 2-bedroom, 2-bath units with approximately 1,014 SF of living area each. Units feature open-concept kitchens with granite countertops, refrigerator and stove, tile flooring throughout, ceiling fans, granite bathroom countertops, and utility closets with full-size washers and dryers. Each unit also includes a private fenced backyard and two assigned covered parking spaces. Ideally located approximately 10–12 minutes from Sam’s Club, Costco, Starbucks, Lowe’s, H-E-B, Target, Best Buy, Academy, Home Depot, Topgolf, La Plaza Mall, Rio Grande Regional Hospital, McAllen International Airport, Chase Bank, IBC Bank, Cinemark Pharr Town Center XD, and plenty of shopping, dining, and entertainment options. Don’t miss the opportunity to add this well-located fourplex to your investment portfolio. Call for your private tour!
Fully furnished and cash-flow ready, this 4-plex at 1303 W Heritage Dr in Pharr, TX is built to perform. With projected rental income of $1,400/month per unit ($5,600/month total), this is a strong income-producing asset from day one. Each unit offers a 2-bedroom, 2-bath layout with private bathrooms, maximizing tenant appeal, privacy, and rental stability. Completely turnkey, every unit comes fully furnished with appliances and essentials—minimizing upfront costs and allowing for immediate leasing. The modern, open-concept layouts create inviting living spaces designed to attract and retain quality tenants. Located in the heart of Pharr near shopping, schools, parks, and major roadways with quick access to McAllen, this property sits in a high-demand rental area. Ideal for investors seeking solid cash flow, low maintenance, and long-term growth—schedule your showing today and secure a high-performing asset.
Modern fourplex and fully leased! Located within a gated community, this well-maintained investment property features a mix of two- and three-bedroom units with modern finishes throughout. Each unit includes ceramic tile flooring, stainless steel appliances, contemporary lighting fixtures, ceiling fans, custom modern drapes, and two covered carport spaces. Units 1 and 2 also feature oversized private backyards, with additional guest parking available near the property. Current rents: Unit 1: 2 Bed / 2 Bath $1,350/month Large backyard Unit 2: 3 Bed / 2 Bath $1,425/month Large backyard Unit 3: 2 Bed / 2 Bath $1,150/month Unit 4: 3 Bed / 2 Bath $1,250/month Fully occupied with a current gross monthly rental income of $5,175. Great opportunity for an investor looking for a newer, income-producing multifamily property in a desirable and convenient location!
GREAT investment opportunity, this 4 Plex has 3 Bedrooms, 2 Baths, on each Unit. All Ceramic Tile, Appliances Include, Refrigerator, Stove/Range, Microwave Oven, Ceiling Fans in all bedrooms and in the Living Area. Each Unit has a private back yard for Bar-Be-Ques. All units has 2 covered parking areas. Secured Gated Entrance.
Fully leased and an excellent investment opportunity with this modern fourplex, completed in 2024! This well-maintained property is boasts four spacious units, two 2 bed/2 bath and two 3/2 combinations. Each is designed for comfort and functionality. All units are equipped with appliances in each unit—stove, refrigerator, microwave, washer, and dryer. Tile flooring throughout and ceiling fans for add comfort, appeal, and efficiency. Covered parking for two vehicles per unit. Ideally located near, medical services, top-rated schools, shopping, and a multitude of options for dining, plus easy accessibility to amenities. It is fully leased at a competitive real price, generating rental income and fostering long-term tenant occupancy. Add this property to your investment portfolio today!
Fully leased and an excellent investment opportunity with this modern fourplex, completed in 2024! This well-maintained property is boasts four spacious units, all 2 bed/2 bath combinations. Each is designed for comfort and functionality. All units are equipped with appliances in each unit—stove, refrigerator, microwave, washer, and dryer. Tile flooring throughout and ceiling fans for add comfort, appeal, and efficiency. Covered parking for two vehicles per unit. Ideally located near, medical services, top-rated schools, shopping, and a multitude of options for dining, plus easy accessibility to amenities. It is fully leased at a competitive real price, generating rental income and fostering long-term tenant occupancy. Add this property to your investment portfolio today!
Modern fully leased fourplex for sale located in the gated Minnesota Estates community in Pharr, TX. This income-producing property offers an attractive unit mix featuring two spacious 3-bedroom, 2-bath apartments and two 2-bedroom, 2-bath apartments. Each unit is equipped with appliances and offers comfortable living spaces, covered carport parking, and a private patio for tenants to enjoy. The property features five separate electric and water meters, with Magic Valley Electric as the electric provider, providing a practical setup for multifamily ownership. With all four units currently leased, this is an excellent turnkey investment opportunity for buyers looking to add an established rental property with immediate income potential to their portfolio.
Excellent investment opportunity in the growing city of Pharr, Texas! Located within the gated Sugar Creek community, this fully leased multifamily property offers investors the advantage of immediate rental income from day one. Built in 2013, the property has been well maintained and is situated in a strong rental market, making it a great addition to any investment portfolio. Each unit features a functional and well-distributed floor plan designed with tenant comfort and convenience in mind, along with spacious patio areas that provide additional outdoor living space. Conveniently located near major roadways, shopping centers, restaurants, schools, and everyday necessities, providing easy access throughout Pharr and surrounding areas. With all units currently leased, established rental income, and a desirable location in a continuously developing area of the Rio Grande Valley.Don’t miss the opportunity to own an income-producing property in a growing South Texas market!
This well-maintained fourplex at 1208 Fig Ave, Pharr, TX is a fantastic opportunity for investors or anyone looking to grow a rental portfolio. The property features four spacious units, with three currently rented, providing steady cash flow, and one vacant unit, offering the potential for additional income. Each unit is designed with a practical layout, including a comfortable living area, functional kitchen, and private bedrooms, making them appealing to tenants. Conveniently located near schools, shopping centers, restaurants, and major roadways, this property offers tenants easy access to everything they need. The location ensures long-term rental appeal, while the mix of occupied and vacant units gives the owner flexibility to maximize returns. Whether you’re an experienced investor or looking to start your first multi-unit property, this fourplex combines income potential with a prime Pharr location.
This well-maintained multi-unit property is conveniently located just off Expressway 281, providing easy access to McAllen, Edinburg, shopping, dining, schools, and major roadways. The property offers multiple spacious 3-bedroom, 2-bathroom units featuring open-concept kitchens, kitchen islands, spacious bedrooms, tile flooring, walk-in closets, central air conditioning, and covered carport parking. Additional features include gated access.
Large, modern fourplex in gated community of Medical Ridge. Close to shopping, restaurants, highway access. Beautiful finish out with modern designs.
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.
Excellent investment opportunity in one of Pharr's most desirable NEW 4-plex communities adjacent to North McAllen! Woodrich Landing is gated private subdivision offering both convenience and a highly desirable location. This 4-plex offers (2) 2 bedroom/2 bath units and (2) 3 bedroom/2 bath units. All units include kitchen appliances (stove, microwave, and refrigerator) and washers and dryers, tile and quartz throughout, shower glass in all bathrooms, making them both attractive and move-in ready for tenants. Tenants will appreciate the quick access to shopping, dining, schools, and employment. It is ideally situated about 3 minutes from Expressway 281, 10 minutes from the mall, and about 6 minutes from the medical district, this property offers easy access to major amenities. Investors will appreciate the potential benefits of new construction, including depreciation advantages, tax benefits, and portfolio growth.
Excellent investment opportunity in one of Pharr's most desirable NEW 4-plex communities adjacent to North McAllen! Woodrich Landing is gated private subdivision offering both convenience and a highly desirable location. This 4-plex offers (2) 2 bedroom/2 bath units and (2) 3 bedroom/2 bath units. All units include kitchen appliances (stove, microwave, and refrigerator) and washers and dryers, tile and quartz throughout, shower glass in all bathrooms, making them both attractive and move-in ready for tenants. Tenants will appreciate the quick access to shopping, dining, schools, and employment. It is ideally situated about 3 minutes from Expressway 281, 10 minutes from the mall, and about 6 minutes from the medical district, this property offers easy access to major amenities. Investors will appreciate the potential benefits of new construction, including depreciation advantages, tax benefits, and portfolio growth.
Great investment opportunity with excellent income and expansion potential! Situated on approximately one acre on a desirable corner lot, this property is conveniently located minutes from the Expressway and Jackson Rd, approximately 3.9 miles from the airport, and near major shopping centers, restaurants, and businesses. All existing units are currently leased, providing immediate rental income. The property also features a new roof and additional unfinished space that could potentially be converted into a laundry area or an additional rental unit. The spacious lot offers excellent potential for future development, with room for up to 17 additional units or approximately five more fourplexes, subject to city approval, zoning, and development requirements. A great opportunity for investors looking for an income-producing property with significant growth potential.
Excellent investment opportunity! This brand-new 4plex is located in a private, gated subdivision on Sugar Rd. and Nolana, offering both convenience and a highly desirable location. The property is currently under construction and will be ready in approximately 4 months—perfect timing to secure a modern, income-producing asset. This 4plex features (4) 3 bedrooms & 2 bathrooms. All units will include appliances, making them move-in ready and attractive for future tenants. Ideally situated just 3 minutes from the expressway 281, 10 minutes from the mall, and only 6 minutes from nearby hospitals, this property offers easy access to major amenities. It’s also close to popular restaurants and entertainment options, including Main Event and TOPGOLF Located in a well-maintained and growing subdivision, this new construction fourplex is a great opportunity for investors looking for strong rental potential in a prime area.
Andrea D. Conner, License 521381, Xome Inc., License 9002330, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067
Based on information from the McAllen Association of REALTORS® (alternatively, from GMAR) as of {{last updated}}. GMAR does not guarantee or is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by the GMAR MLS may not reflect all real estate activity in the market.
Pharr is located in Texas. Pharr, Texas has a population of 78,997. Pharr is less family-centric than the surrounding county with 36.1% of the households containing married families with children. The county average for households married with children is 37.3%.
The median household income in Pharr, Texas is $39,606. The median household income for the surrounding county is $44,666 compared to the national median of $69,021. The median age of people living in Pharr is 29.3 years.
The average high temperature in July is 96.3 degrees, with an average low temperature in January of 49 degrees. The average rainfall is approximately 20.9 inches per year, with 0.1 inches of snow per year.
