Estimated payment $1,535/month
Highlights
- 0.44 Acre Lot
- No HOA
- 1-Story Property
About This Home
Prime multifamily investment opportunity in the heart of Pharr, Texas! This 0.44 acre lot is zoned Multi-Family Residential and is ideally positioned for redevelopment. The property includes two existing structures that are considered tear-downs, making this a true land value play. Centrally located just off Sam Houston Avenue and right across from PSJA ISD Stadium, the property is surrounded by established multifamily properties. This nearly half-acre site offers strong potential for future rental income and long-term appreciation. Located near Cage Boulevard, major schools, shopping, dining, entertainment, and with quick access to Expressway 83. High-demand area, strong growth potential, and limited inventory, opportunities like this are rare. Submit your offer today.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,936
Year Built
- Built in 1965
Lot Details
- 0.44 Acre Lot
Interior Spaces
- 2,076 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Schools
- Kelly-Pharr Elementary School
- Liberty Middle School
- Psja North High School
Utilities
- No Cooling
- No Heating
- Water Heater
- No Water Heater
Community Details
- No Home Owners Association
- Kelly Pharr Tract Subdivision
Listing and Financial Details
- Assessor Parcel Number A552000000000100
Map
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 | $3,862 | $147,026 | $92,671 | $54,355 |
| 2024 | $3,862 | $143,996 | $92,671 | $51,325 |
| 2023 | $3,060 | $114,167 | $0 | $0 |
| 2022 | $2,911 | $103,788 | $57,920 | $45,868 |
| 2021 | $2,736 | $95,772 | $57,920 | $37,852 |
| 2020 | $2,526 | $87,310 | $57,920 | $29,872 |
| 2019 | $2,326 | $79,373 | $57,920 | $21,453 |
| 2018 | $2,340 | $79,373 | $57,920 | $21,453 |
| 2017 | $2,359 | $79,373 | $57,920 | $21,453 |
| 2016 | $2,209 | $74,327 | $57,920 | $19,400 |
| 2015 | $574 | $67,570 | $57,920 | $19,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/29/2026 01/29/26 | For Sale | $234,999 | -- | $113 / Sq Ft |
Source: Greater McAllen Association of REALTORS®
MLS Number: 493413
APN: A5520-00-000-0001-00
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Ask me questions while you tour the home.