$1,389,000

301 S Palm Dr Pharr, TX 78577

Estimated payment $9,155/month

Total Views 1,144
-- Bed
-- Bath
15,500 Sq Ft
$90 Price per Sq Ft

Highlights

  • 0.73 Acre Lot
  • No HOA
  • Central Heating and Cooling System
  • Corner Lot
  • Tile Flooring
  • 3-minute walk to Pharr, Tx Skatepark

About This Home

20 total units, 4 units are 875 SQFT each, 16 units are 750 SQFT 20 total units. Tenants pay light.

Listing Agent

Myssie Cardenas-Barajas

Marcus Phipps Real Estate Llc Listed on: 07/16/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,047

Year Built

  • Built in 1986

Lot Details

  • 0.73 Acre Lot
  • Corner Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 15,500 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Stove
  • Washer and Dryer Hookup

Flooring

  • Tile
  • Vinyl

Parking

  • 20 Carport Spaces
  • No Garage

Schools

  • 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 H351000000000100

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 5 Units
  • Hillcrest Subdivision

Building Details

  • Insurance Expense $18,863
  • Maintenance Expense $49,877
  • Gross Income $142,548

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,047

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Directions: Nolana Avenue to Jackson Rd. then go south to Business HWY 83, turn east (left) to Palm Drive, turn right (south) to NE corner of Kelly & Palm.
  • Year Built: 1986
  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.7312
  • Road Surface Type: Paved
  • Subdivision Name: Hillcrest
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: None
  • Building Stories: 2
  • GMAR_Escrow: 130000
  • Special Features: None
  • Stories: 2

Interior Features

  • Roof: Composition Shingle
  • Appliances: Electric Water Heater, Refrigerator, Stove/Range
  • Flooring: Tile, Vinyl
  • Living Area: 15500

Exterior Features

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

Garage/Parking

  • Carport Spaces: 20
  • Covered Parking Spaces: 20
  • Parking Features: No Carport, No Garage
  • Total Parking Spaces: 20

Utilities

  • Laundry Features: None, Washer/Dryer Connection
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 31852.8144
  • Parcel #: H351000000000100

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 19047

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 20
  • Annual Gross Income: 142548
  • Insurance Expense: 18863

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

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 For Sale $1,389,000 +561.4% $90 / Sq Ft
05/10/2019 05/10/19 Sold -- -- --
03/19/2019 03/19/19 Pending -- -- --
01/28/2019 01/28/19 For Sale $210,000 -- $14 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Source: Greater McAllen Association of REALTORS®

MLS Number: 476153

Greater McAllen Association of REALTORS®

Texas Hidalgo County Pharr 78577

301 S Palm Dr, Pharr, TX

This home is located at 301 S Palm Dr, Pharr, TX 78577 and is currently priced at $1,389,000, approximately $89 per square foot. This property was built in 1986. 301 S Palm Dr 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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Myssie Cardenas-Barajas
Listing Agent
Myssie Cardenas-Barajas
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Marcus Phipps Real Estate Llc
(956) 758-1366