For Sale
$560,000

2001 Violet Dr Pharr, TX 78577

Modern 4-unit apartment building, high demand location.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional investment opportunity presents a brand-new, two-building fourplex located at 2001 W Violet Drive, Pharr, Texas, 78577. Completed in mid-December 2024, this property boasts a total of 4,100 square feet situated on a generous 10,398.208 square foot lot. The strategic location, off Jackson Road between Sioux Road and Ferguson Road, offers easy access to Expressway 281, Doctor's Hospital at Renaissance, shopping, and entertainment. This prime location ensures high tenant demand and strong rental income potential. Each building features two distinct units: one spacious 3-bedroom, 2-bathroom unit and one comfortable 2-bedroom, 2-bathroom unit. The modern design and desirable amenities are sure to attract quality tenants. The asking price for this turnkey investment is $560,000. This property represents a compelling opportunity for both seasoned investors looking to expand their portfolio and first-time investors seeking a strong entry point into the multifamily market. The property's new construction and prime location in Hidalgo County, Texas, promise a stable and potentially lucrative investment. Don't miss this chance to acquire a high-yield asset in a thriving Texas market.

Highlights

  • Brand-new, fourplex (two buildings) totaling 4,100 square feet on a 10,398.208 square foot lot.
  • Located at 2001 W Violet Drive, Pharr, TX 78577, offering convenient access to Expressway 281 and local amenities.
  • Features two 3/2 units and two 2/2 units.
  • Asking price: $560,000.
  • Completed in mid-December 2024.

Property Details for 2001 Violet Dr

Property type
Apartment buildings, Small apartment buildings
Square Feet
4,100 SF
Year Built
2024
Buildings
2
Units
4

Location Insight

City
Pharr
County
Hidalgo
State
Texas
Latitude
26.217557
Longitude
-98.1963645

FAQs

What type of property is this?
Apartment building - Modern 4-unit apartment building, high demand location.
Where is the apartment building located?
The property is located at 2001 Violet Dr Pharr, TX.
What is the asking price?
The asking price for this property is $560,000.
What are key features of this property?
This property features: Brand-new, fourplex (two buildings) totaling 4,100 square feet on a 10,398.208 square foot lot.; Located at 2001 W Violet Drive, Pharr, TX 78577, offering convenient access to Expressway 281 and local amenities.; Features two 3/2 units and two 2/2 units.
How can I contact the broker?
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2001 Violet Dr
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