Las Milpas Multifamily Homes & Duplexes for Sale

/24
$387,500
- 3,796 Sq Ft
201 W Albatross Ave, Pharr, TX 78577

Excellent Investment Opportunity in Pharr, TX! This fully occupied four-plex is a fantastic addition to any investment portfolio. Built in 2014, each of the four units features 2 bedrooms and 2 bathrooms, high decorative ceilings, washer/dryer connections, includes an electric stove and refrigerator, and offers a small backyard or side yard for added tenant appeal. This fourplex at 201 W

Esmeralda Torres Keller Williams Realty RGV

201 W Albatross Ave, Pharr, TX 78577
/20
$375,000
- 4,266 Sq Ft
100 W Albatross Ave, Pharr, TX 78577

Excellent Investment Opportunity in Pharr, TX! This fully occupied four-plex is a fantastic addition to any investment portfolio. Built in 2008, each of the four units features 2 bedrooms and 2 bathrooms, high decorative ceilings, washer/dryer connections, includes an electric stove and refrigerator, and offers a small backyard or side yard for added tenant appeal. If interested in

Esmeralda Torres Keller Williams Realty RGV

100 W Albatross Ave, Pharr, TX 78577
/2
$169,000
- 3 Beds
- 2 Baths
- 1,100 Sq Ft
2901 Esteban Ave Unit 2, Pharr, TX 78577

Discover modern living in this brand-new 3-bedroom, 2-bathroom unit, part of a beautifully designed 4-plex set for completion in August 2025. Located in a newly developed subdivision with a gated entrance, this 1,100 sq ft unit offers the perfect blend of comfort and style. Interior features include sleek porcelain tile flooring throughout, an open-concept layout, and high-quality finishes that

Bailey Gaona Encore Fine Properties

2901 Esteban Ave Unit 2, Pharr, TX 78577
/45
$387,500
- 3,796 Sq Ft
115 W Albatross Ave, Pharr, TX 78577

Excellent Investment Opportunity in Pharr, TX! This fully occupied four-plex is a fantastic addition to any investment portfolio. Built in 2014, each of the four units features 2 bedrooms and 2 bathrooms, high decorative ceilings, washer/dryer connections, includes an electric stove and refrigerator, and offers a small backyard or side yard for added tenant appeal. This fourplex at 115 W

Esmeralda Torres Keller Williams Realty RGV

115 W Albatross Ave, Pharr, TX 78577
/18
$390,009
- 3,996 Sq Ft
114 W Albatross Ave, Pharr, TX 78577

Excellent Investment Opportunity in Pharr, TX!This fully occupied four-plex is a fantastic addition to any investment portfolio. Built in 2019, each of the four units features 2 bedrooms and 2 bathrooms, high decorative ceilings, washer/dryer connections, and includes an electric stove and refrigerator. Each unit also offers a small backyard or side yard for added tenant appeal. Located in a

Esmeralda Torres Keller Williams Realty RGV

114 W Albatross Ave, Pharr, TX 78577
/18
$760,000
- 7,998 Sq Ft
8005 Cisne St, Pharr, TX 78577

This is an amazing opportunity to step into a fully leased, 9 unit apartment complex in Pharr, TX! With a mixture of 9 units, the majority being 3 bed / 2 bath, this complex is as turn key as it gets! With GOI of almost $81k, this is a property that is not only strong and vibrant now, but also has a strong upside were the new owner to decide to take action. All leases are on 12 months, and the

Antonio Villeda Glass Realty

8005 Cisne St, Pharr, TX 78577

Texas Pharr Las Milpas

Why Live in Las Milpas

Las Milpas, a small community in Pharr, Texas, is situated near the Mexico border and between San Juan and McAllen in the Rio Grande Valley. The area has seen significant growth, driven by binational trade via the Pharr–Reynosa International Bridge. McAllen, just 9 miles away, is a major shopping hub with attractions like La Plaza Mall and the largest one-story library in the country, which hosts a Saturday farmer’s market. Las Milpas features a mix of mid-20th-century homes and newer single-story traditional-style houses, often with Mediterranean influences. Recreational options include Jones Box Park, which has a playground, splash pad, and athletic fields, and hosts events like an Independence Day Festival and movie nights. Birding is popular due to the migration corridor for over 400 species of birds and butterflies. Local dining options include Snack Stop Diner and Big G Grocery & Meat Market, while shopping centers like Las Tiendas Shopping Center offer stores like Costco and Target. The community is served by Valley View Independent School District and Pharr-San Juan-Alamo School District, which provide free broadband internet for students. Safety in Las Milpas is comparable to the national average, and the area benefits from McAllen’s high standards for public services and infrastructure maintenance.

Learn more about living in Las Milpas

Home Trends in Las Milpas, TX

On average, homes in Las Milpas, Pharr sell after 70 days on the market compared to the national average of 51 days. The median sale price for homes in Las Milpas, Pharr over the last 12 months is $185,000, down 3% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$185,000

Median Single Family Sale Price

$187,000

Median Townhouse Sale Price

$390,250

Average Price Per Sq Ft

$133

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

13.80

Median List Price

$192,500

Median Change From 1st List Price

Median Home Sale Price YoY Change

-3%

How to Buy a Home How to Finance a Home How to Sell a Home

In Las Milpas, there are currently 6 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes ranging from $169,000 to $760,000, there's something for every budget. As of July, 2025 the median home price in Las Milpas, Pharr is $192,500, while the average sale price is $179,273, providing insight into local market trends. On average, multi-family homes spend 70 days on the market before being sold. Multi-family homes encompass various property types, including duplexes, triplexes, fourplexes, and apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're interested in a duplex for a starter investment or an apartment complex for a larger-scale venture, there are investment properties available to suit your needs. Explore the range of multi-family homes for sale in Las Milpas, Pharr.

Las Milpas Types of Homes for Sale

More About Living in Las Milpas

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Hidalgo County Homes for Sale

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