304 & 306 E Polk Ave Pharr, TX 78577
Pharr AreaEstimated payment $6,861/month
Highlights
- 0.79 Acre Lot
- No HOA
- Slab Porch or Patio
- Mature Trees
- Built-In Features
- Laundry closet
About This Home
Turnkey Investment Opportunity! Expand your portfolio with this exceptional multi-family package—12 unit apartment buildings located in the heart of South Texas. Each 2-bedroom unit includes, refrigerator & stove and includes 2 assigned parking spaces per unit, plus 2 additional guest spaces. All units are currently leased, offering immediate, stable rental income in a high-demand area with strong occupancy history. Whether you're a seasoned investor or just getting started, these properties offer income-producing asset ready to generate returns from day one. Opportunities like this don’t last—schedule your showing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $24,073
Year Built
- Built in 2003
Lot Details
- 34,387 Sq Ft Lot
- Cross Fenced
- Wood Fence
- Mature Trees
Parking
- No Garage
Home Design
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
Interior Spaces
- 9,776 Sq Ft Home
- 1-Story Property
- Built-In Features
- Ceiling Fan
- Tile Flooring
- Fire and Smoke Detector
- Electric Range
Laundry
- Laundry closet
- Washer and Dryer Hookup
Eco-Friendly Details
- Energy-Efficient Thermostat
Outdoor Features
- Slab Porch or Patio
- Outbuilding
Schools
- Ford Elementary School
- Liberty Middle School
- Psja North High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number T478000000005400
Community Details
Overview
- No Home Owners Association
- 4 Buildings
- 4 Units
- Tierra Del Norte Subdivision
Building Details
- Insurance Expense $11,743
- Gross Income $115,200
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $11,034 | $420,980 | $109,489 | $311,491 |
| 2024 | $11,034 | $411,385 | $109,489 | $301,896 |
| 2023 | $10,501 | $391,795 | $109,489 | $282,306 |
| 2022 | $10,082 | $359,445 | $67,900 | $291,545 |
| 2021 | $8,207 | $287,312 | $67,900 | $219,412 |
| 2020 | $7,647 | $264,349 | $61,150 | $203,199 |
| 2019 | $7,102 | $242,362 | $59,413 | $182,949 |
| 2018 | $7,029 | $238,489 | $59,413 | $179,076 |
| 2017 | $7,085 | $238,361 | $59,413 | $178,948 |
| 2016 | $7,771 | $261,426 | $39,043 | $222,383 |
| 2015 | $5,924 | $228,358 | $39,043 | $189,315 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/07/2026 05/07/26 | For Sale | $880,000 | -- | $90 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $24,450 | Seller Take Back |
Source: Greater McAllen Association of REALTORS®
MLS Number: 503900
APN: T4780-00-000-0054-00
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 2026 Greater McAllen Association of Realtors. All rights reserved.
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