Estimated payment $13,568/month
Total Views
282,165
--
Bed
--
Bath
18,144
Sq Ft
$138
Price per Sq Ft
Highlights
- 1.42 Acre Lot
- Porcelain Tile
- Ceiling Fan
- Laundry closet
- Central Heating and Cooling System
- 1-Story Property
About This Home
INCOME GENERATING investment opportunity in Pharr!! This brand new 18 unit apartment complex is strategically located in an established and thriving community. The well maintained complex is thoughtfully designed to maximize space and comfort. The units feature modern amenities, tasteful finishes, an expansive green area, ample parking, and have attractive curb side appeal. Investors seeking a steady stream of income, call to schedule your showing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,540
Year Built
- Built in 2023
Lot Details
- 1.42 Acre Lot
- Sprinkler System
HOA Fees
- $125 Monthly HOA Fees
Home Design
- Flat Roof Shape
- Slab Foundation
- Composition Shingle Roof
- Stucco
Interior Spaces
- 18,144 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Porcelain Tile
Kitchen
- Electric Range
- Microwave
Laundry
- Laundry closet
- Dryer
- Washer
Parking
- 2 Carport Spaces
- No Garage
Eco-Friendly Details
- Energy-Efficient Thermostat
Schools
- Palmer Elementary School
- Kennedy Middle School
- Psja South West High School
Utilities
- Central Heating and Cooling System
- Water Heater
Listing and Financial Details
- Assessor Parcel Number J235500000010700
Community Details
Overview
- 9 Units
- Magnolia Property Management Association
- Jackson South Estates Subdivision
Building Details
- Insurance Expense $14,000
- Maintenance Expense $3,000
- Gross Income $259,200
Map
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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 |
|---|---|---|---|---|
| 2025 | $20,233 | $1,955,303 | $370,752 | $1,584,551 |
| 2024 | $20,233 | $1,126,054 | $57,467 | $1,068,587 |
| 2023 | $1,540 | $57,467 | $57,467 | $0 |
| 2022 | $1,283 | $45,726 | $45,726 | $0 |
| 2021 | $7,519 | $263,239 | $263,239 | $0 |
| 2020 | $1,090 | $37,693 | $37,693 | $0 |
| 2019 | $1,105 | $37,693 | $37,693 | $0 |
| 2018 | $1,111 | $37,693 | $37,693 | $0 |
| 2017 | $1,120 | $37,693 | $37,693 | $0 |
| 2016 | $1,120 | $37,693 | $37,693 | $0 |
| 2015 | $1,115 | $37,693 | $37,693 | $0 |
| 2014 | $1,115 | $37,693 | $37,693 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | Pending | -- | -- | -- |
| 05/01/2024 05/01/24 | For Sale | $2,499,000 | -- | $138 / Sq Ft |
Source: Greater McAllen Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,415,000 | Construction |
Source: Public Records
About the Listing Agent
Lilibet's Other Listings
Source: Greater McAllen Association of REALTORS®
MLS Number: 433676
APN: J2355-00-000-0107-00
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.
Copyright 2025 Greater McAllen Association of Realtors. All rights reserved.
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