NOT LISTED FOR SALE

700 W U S Highway 83 Pharr, TX 78577

-- Bed
-- Bath
1,064 Sq Ft
4.22 Acres

Last Sold September 20, 2021

544 Days on Market

Highlights

  • 4.22 Acre Lot
  • No HOA
  • Laundry Room
  • Mature Trees
  • Electric Gate
  • 1-Story Property

About This Home

As of September 2021

49 separate mobile homes make up 57 rentals. Based on current calculated expenses and sustained income, this property is showing a capitalization rate of 8.3%.

Last Agent to Sell the Property

Lee Jinks

Jinks Realty Listed on: 12/12/2019

Last Buyer's Agent

Eduardo Belmarez

Exp Realty Llc

Exp Realty Llc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,036

Year Built

  • Built in 1995

Lot Details

  • 4.22 Acre Lot
  • Chain Link Fence
  • Irregular Lot
  • Mature Trees

Parking

  • Electric Gate

Interior Spaces

  • 1,064 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Schools

  • Sorenson Elementary School
  • Austin Middle School
  • Psja High School

Utilities

  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number W780000000005602

Community Details

Overview

  • No Home Owners Association
  • 49 Buildings
  • Woods, M L #6 Subdivision

Building Details

  • Insurance Expense $5,654
  • Maintenance Expense $12,386
  • Gross Income $338,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,036

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Directions: From Veterans Rd, go east on Business 83 to the first turn in to the left (north), about 0.1 miles.
  • Year Built: 1995
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 4.22
  • Road Surface Type: Paved
  • Subdivision Name: Woods, M L #6
  • Carport Y N: No
  • Garage Yn: No
  • Efficiency: Other
  • Building Stories: 1
  • GMAR_GeocodeConfidence: High
  • GMAR_Escrow: 20000
  • GMAR_LicensedSupervisor: Lee Jinks
  • Non-Allowables: No
  • Repairs YN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Other
  • Appliances: Water Heater (Other), Other
  • Flooring: Other
  • Living Area: 1064

Exterior Features

  • Exterior Features: Motorized Gate
  • Interior Amenities: Other
  • Fencing: Chain Link
  • Lot Features: Irregular Lot, Mature Trees
  • Home Warranty: No
  • Construction Type: Other
  • Foundation Details: Other
  • Other Structures: Office
  • Pool YN: No

Garage/Parking

  • Parking Features: No Carport

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Other HVAC
  • Heating: Other HVAC
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Other
  • Association: No

Schools

  • Elementary School: Sorenson
  • High School: PSJA H.S.
  • Junior High Dist: PSJA ISD
  • Middle Or Junior School: Austin

Lot Info

  • Lot Size Sq Ft: 183823.2
  • Parcel #: W780000000005602
  • ResoLotSizeUnits: Acres

Building Info

  • Buildings: 49

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 9036

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 55
  • Annual Gross Income: 338280
  • Insurance Expense: 5654

Range of Values:

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List Price
Sold Price
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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
09/20/2021 09/20/21 Sold -- -- --
06/07/2021 06/07/21 Pending -- -- --
12/11/2019 12/11/19 For Sale $2,500,000 -- $2,350 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Lee Jinks

    Seller's Agent in 2021

    Lee Jinks

    Jinks Realty

    (956) 655-8634

    1 in this area

    44 Total Sales

    Lee Jinks
    Section Image
  • Eduardo Belmarez

    Buyer's Agent in 2021

    Eduardo Belmarez

    Exp Realty Llc

    (469) 909-8616

    1 in this area

    17 Total Sales

    Eduardo Belmarez
    Section Image
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Map

Source: Greater McAllen Association of REALTORS®

MLS Number: 325654

Greater McAllen Association of REALTORS®
Texas Hidalgo County Pharr 78577

700 W U S Highway 83, Pharr, TX

This home is located at 700 W U S Highway 83, Pharr, TX 78577 since 12 December 2019. This property was built in 1995. 700 W U S Highway 83 is a home located in Hidalgo County with nearby schools including Geraldine Palmer Elementary, Liberty Middle School, and PSJA North Early College High School.

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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.

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