$480,000

1503 S Pamplona St Pharr, TX 78577

Estimated payment $3,608/month

Total Views 2,284
-- Bed
-- Bath
3,560 Sq Ft
$135 Price per Sq Ft

Highlights

  • Gated Community
  • Tile Flooring
  • Ceiling Fan
  • Laundry closet
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

*PRIME LOCATION INVESTMENT OPPORTUNITY*

This very well-maintained four-plex is perfectly situated just minutes away from the expressway, hospitals, shops and restaurants, making it an ideal investment property. All units are currently rented, providing immediate cash flow for the savy investor. The property features four fully rented units, a prime location close to major highways for easy commuting, ample parking for tenants and guests. With strong demand in the area and great potential for appreciation, this is an excellent opportunity for passive income. Don’t miss out on this fantastic investment!

Listing Agent

Alejandra Ramon

Re/Max Elite Listed on: 04/28/2025

Re/Max Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,855

Year Built

  • Built in 2017

Lot Details

  • 10,881 Sq Ft Lot

HOA Fees

  • $108 Monthly HOA Fees

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Slab Foundation
  • Stucco

Interior Spaces

  • 3,560 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Electric Cooktop

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Parking

  • Garage
  • 8 Carport Spaces
  • Front Facing Garage

Schools

  • Aida C. Escobar 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 M324900000004900

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Medical Ridge HOA
  • Medical Ridge Subdivision

Building Details

  • Insurance Expense $1,500
  • Maintenance Expense $800
  • Gross Income $44,400

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,855

Year Built

Built in 2017

Lot Details

0

HOA Fees

$108 per month

Listing Details

  • Directions: From Ridge and Jackson go south on Jackson turn left on Minneapolis, turn left on Bilboa, turn right on Garrison go straight to pamplona street.
  • Year Built: 2017
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2498
  • Road Surface Type: Gravel
  • Subdivision Name: Medical Ridge
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Efficiency: None
  • Building Stories: 1
  • GMAR_Escrow: 4800
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Flat
  • Appliances: Electric Water Heater, Smooth Electric Cooktop
  • Flooring: Tile
  • Living Area: 3560

Exterior Features

  • Exterior Features: None
  • Interior Amenities: Ceiling Fan(s)
  • Fencing: None
  • Lot Features: Sidewalks
  • Home Warranty: No
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 8

Utilities

  • Utilities: Internet Access
  • Laundry Features: Laundry Closet, Washer/Dryer Connection
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: City Sewer

Condo/Co-op/Association

  • Community Features: Curbs, Gated, Sidewalks, Street Lights
  • Amenities: Property Owners' Assoc.
  • Association Fee: 1300
  • Association Fee Frequency: Annually
  • Association Name: Medical Ridge HOA
  • Association: Yes

Schools

  • Elementary School: Aida C. Escobar
  • High School: PSJA South West H.S.
  • Junior High Dist: PSJA ISD
  • Middle Or Junior School: Kennedy

Lot Info

  • Lot Size Sq Ft: 10880.8524
  • Parcel #: M324900000004900
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10855

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 44400
  • Insurance Expense: 1500

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $10,863 $405,000 $109,344 $295,656
2023 $10,171 $379,496 $109,344 $270,152
2022 $10,045 $358,119 $68,000 $290,119
2021 $9,184 $321,532 $68,000 $253,532
2020 $9,305 $321,679 $68,000 $253,679
2019 $9,506 $324,369 $68,000 $256,369
2018 $7,345 $249,196 $68,000 $181,196
2017 $2,021 $68,000 $68,000 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2025 04/28/25 For Sale $480,000 -- $135 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $287,952 FHA
Source: Public Records

Source: Greater McAllen Association of REALTORS®

MLS Number: 469933

Greater McAllen Association of REALTORS®

APN: M3249-00-000-0049-00

Texas Hidalgo County Pharr 78577

1503 S Pamplona St, Pharr, TX

This home is located at 1503 S Pamplona St, Pharr, TX 78577 and is currently priced at $480,000, approximately $134 per square foot. This property was built in 2017. 1503 S Pamplona St is a home located in Hidalgo County with nearby schools including Aida C. Escobar Elementary, Kennedy Middle School, and PSJA Southwest Early College High School.

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.

Greater McAllen Association of REALTORS® 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.

Copyright 2025 Greater McAllen Association of Realtors. All rights reserved.

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Alejandra Ramon
Listing Agent
Alejandra Ramon
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Re/Max Elite
(956) 477-3542