2109 N Dahlia Street, Pharr, TX 78577
- $360,000
- 3,640
- SqFt
- List Price
- $360,000
- Status
- ACTIVE
- MLS#
- 516078
- Living Area
- 3,640
- Lot Size (Acres)
- 0.2101
- Year Built
- 2005
Property Description
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.
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Additional Information
- Area
- Pharr
- Subdivision
- Vip Estates
- Taxes
- $9,054
- Tax Year
- 2025
- HOA Fee
- $600
- Stories
- 1
- Interior Features
- Built-in Features, Ceiling Fan(s), Dryer, Other, Split Bedrooms, Walk-In Closet(s), Washer
- Amenities
- Sidewalks, Street Lights
- Living Area
- 3,640
- Exterior Features
- Mature Trees, Sprinkler System
- Community Features
- Sidewalks, Street Lights
- Lot Size
- 9,151
- Heating
- Central
- Cooling
- Central Air
- Utilities
- Cable Available
- Sewer
- City Sewer
- School District
- PSJA ISD
- Elementary School
- Ramirez
- Middle School
- LBJ
- High School
- PSJA H.S.
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Listing courtesy of with Golden Valley Real Estate