$159,000

409 W Gore Ave Pharr, TX 78577

Estimated payment $1,251/month

Total Views 355
-- Bed
-- Bath
3,568 Sq Ft
$45 Price per Sq Ft

Highlights

  • 0.32 Acre Lot
  • No HOA
  • Tile Flooring
  • Mature Trees
  • Laundry closet
  • Central Heating and Cooling System

About This Home

Prime Value-Add Investment Opportunity – Pharr, TX

Rare double-lot property offering multiple income streams and significant upside potential. The main residence has been converted into a duplex (4BR/3BA total) featuring two kitchens and two living areas. In addition, the property includes:

Detached 1BR/1BA apartment

Detached 3BR/1BA home

RV with alley access and private fencing

The main home is in fair condition, while the rear units require improvements—making this a true value-add play. Once renovated, the property has the potential to deliver strong and stable cash flow, whether as a fix-and-flip project or a long-term buy-and-hold investment.

Centrally located near schools, Cage Blvd, and the expressway, this property is positioned for rental demand and appreciation.

Listing Agent

Abiel De La Torre

Imperio Real Estate Llc Listed on: 08/29/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,691

Year Built

  • Built in 1977

Lot Details

  • 0.32 Acre Lot
  • Wood Fence
  • Mature Trees

Parking

  • 1 Carport Space

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 3,568 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Laundry closet

Outdoor Features

  • Outbuilding

Schools

  • Aida C. Escobar Elementary School
  • Kennedy Middle School
  • Psja South West High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 3 Buildings
  • Pharr Original Townsite Subdivision

Listing and Financial Details

  • Assessor Parcel Number P640000078000600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,691

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Directions: Head south on business 281, turn west on Gore Ave, property will be on the south side of Gore.
  • Year Built: 1977
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3214
  • Road Surface Type: Paved
  • Subdivision Name: Pharr Original Townsite
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Other
  • Building Stories: 1
  • GMAR_Escrow: 1500
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Other
  • Flooring: Tile
  • Living Area: 3568

Exterior Features

  • Exterior Features: Mature Trees
  • Interior Amenities: Other
  • Fencing: Wood
  • Lot Features: Alley, Mature Trees
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding (Other)
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: Detached
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: Laundry Area
  • Cooling: Central Air, Other HVAC
  • Cooling Y N: Yes
  • Heating: Central, Other HVAC
  • Heating Yn: Yes
  • Sewer: City Sewer

Condo/Co-op/Association

  • Community Features: Other, Sidewalks
  • Association: No

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: 14000.184
  • Parcel #: P640000078000600

Building Info

  • Buildings: 3

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4691

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 4

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 $2,306 $174,906 -- --
2023 $4,356 $162,542 $0 $0
2022 $4,271 $152,274 $0 $0
2021 $3,854 $134,915 $42,000 $107,145
2020 $3,382 $116,905 $42,000 $79,101
2019 $3,011 $102,737 $37,100 $65,637
2018 $3,048 $103,407 $37,100 $66,307
2017 $2,978 $100,179 $37,100 $66,977
2016 $2,736 $92,029 $35,000 $57,029
2015 $2,469 $92,262 $35,000 $57,262
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2025 08/29/25 For Sale $159,000 -- $45 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Warranty Deed -- None Available
Vendors Lien -- Security Land Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $6,500 Unknown
Previous Owner $14,652 Seller Take Back
Source: Public Records

Source: Greater McAllen Association of REALTORS®

MLS Number: 479551

Greater McAllen Association of REALTORS®

APN: P6400-00-078-0006-00