115 W Albatross Ave Pharr, TX 78577
Las Milpas NeighborhoodEstimated payment $2,693/month
Highlights
- High Ceiling
- Laundry closet
- Central Heating and Cooling System
- No HOA
- Tile Flooring
- Ceiling Fan
About This Home
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 Albatross must be sold with the fourplex located at 201 W Albatross Ave, Pharr, TX 78577, legal description Providence Lot 19 & 20. They are under the same deed and the combined sales price is $775,000. The fourplex at 201 W Albatross was built in 2014 and has the same features as 201 W Albatross. If interested in expanding your portfolio by more than two fourplexes, please ask about the other fourplex that is available located at 100 W Albatross Ave, Pharr, TX 78577. If all three fourplexes are purchased together the asking price is $1,150,000.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,172
Year Built
- Built in 2014
Lot Details
- 0.27 Acre Lot
- Wood Fence
- Sprinkler System
Home Design
- Quadruplex
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
- Stone
Interior Spaces
- 3,796 Sq Ft Home
- 1-Story Property
- High Ceiling
- Ceiling Fan
- Tile Flooring
- Fire and Smoke Detector
- Stove
Laundry
- Laundry closet
- Washer and Dryer Hookup
Parking
- Garage
- 2 Carport Spaces
- Front Facing Garage
Schools
- Chavez Elementary School
- Kennedy Middle School
- Psja South West High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number P925700000001900
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
- Providence Subdivision
Building Details
- Insurance Expense $3,900
- Maintenance Expense $520
- Gross Income $39,900
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $17,164 | $639,943 | $154,078 | $485,865 |
| 2023 | $17,152 | $639,943 | $154,078 | $485,865 |
| 2022 | $16,725 | $596,267 | $119,440 | $476,827 |
| 2021 | $15,316 | $536,213 | $119,440 | $416,773 |
| 2020 | $15,660 | $541,378 | $119,440 | $421,938 |
| 2019 | $11,067 | $377,661 | $57,331 | $320,330 |
| 2018 | $10,701 | $363,049 | $57,331 | $305,718 |
| 2017 | $13,990 | $470,664 | $57,331 | $413,333 |
| 2016 | $10,755 | $361,811 | $57,331 | $304,480 |
| 2015 | $1,696 | $120,259 | $57,331 | $62,928 |
| 2014 | $1,696 | $57,331 | $57,331 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/17/2025 07/17/25 | Price Changed | $387,500 | -66.3% | $102 / Sq Ft |
| 06/07/2025 06/07/25 | Price Changed | $1,150,000 | -23.3% | $303 / Sq Ft |
| 05/03/2025 05/03/25 | For Sale | $1,500,000 | -- | $395 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Capital Title | |
| Warranty Deed | -- | San Jacinto Title Services | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | San Jacinto Title Services |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,400,000 | New Conventional |
Source: Greater McAllen Association of REALTORS®
MLS Number: 469960
APN: P9257-00-000-0019-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Greater McAllen Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed.
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