$1,250,000

744 W Hall Acres Rd Pharr, TX 78577

Estimated payment $9,216/month

Total Views 4,884
-- Bed
-- Bath
10,712 Sq Ft
$117 Price per Sq Ft

Highlights

  • 0.31 Acre Lot
  • Laundry closet
  • Central Heating and Cooling System
  • Double Pane Windows
  • Tile Flooring
  • Ceiling Fan

About This Home

8Plex Investment Opportunity in Pharr, TX! Discover 744 Hall Acres Rd, a turnkey income-producing property featuring eight modern 3-bedroom, 2.5-bath units. With a solid monthly income of $10,100, a NOI of $86,487, and a cap rate of 6.92%, this property promises impressive long-term financial rewards. Fully equipped with essential appliances, it's designed to attract quality tenants seeking comfort and convenience. Priced at $1,250,000, this is your chance to own a gem in a prime location. Conveying Appliances:Refrigerator, Stove Range-Electric Coil, Dishwasher, Washer, Dryer

Listing Agent

Fernando Pacheco

Alliance Real Estate Group Listed on: 02/10/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,501

Year Built

  • Built in 2021

Lot Details

  • 0.31 Acre Lot
  • Masonry wall

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 16 Carport Spaces

Home Design

  • Slab Foundation
  • Shingle Roof
  • HardiePlank Type

Interior Spaces

  • Split Bedroom Floorplan
  • 10,712 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring
  • Fire and Smoke Detector
  • Electric Range

Laundry

  • Laundry closet
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Thermostat

Schools

  • Palmer Elementary School
  • Kennedy Middle School
  • Psja South West High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number B271000000000300

Community Details

Overview

  • 2 Units
  • Besharel HOA
  • Besharel Subdivision

Building Details

  • Insurance Expense $3,840
  • Maintenance Expense $1,200
  • Gross Income $34,713

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,501

Year Built

Built in 2021

Lot Details

0

HOA Fees

$30 per month

Listing Details

  • Directions: From the intersection of South Jackson Road and Hall Acres Road head East on Hall Acres Road property will be on the left hand side past Palmer Elementary School
  • Year Built: 2021
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3054
  • Road Surface Type: Paved
  • Subdivision Name: Besharel
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Thermostat
  • Building Stories: 2
  • GMAR_Escrow: 1
  • Special Features: None
  • Stories: 2

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Dryer, Refrigerator, Stove/Range-Electric Coil, Washer
  • Flooring: Tile
  • Living Area: 10712
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

  • Exterior Features: None
  • Interior Amenities: Ceiling Fan(s), Split Bedrooms
  • Fencing: Masonry
  • Home Warranty: No
  • Construction Type: HardiPlank Type
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 16
  • Covered Parking Spaces: 16
  • Parking Features: No Carport
  • Total Parking Spaces: 16

Utilities

  • Utilities: Cable Available
  • Laundry Features: Laundry Closet, Washer/Dryer Connection
  • Security: Smoke Detector(s)
  • 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 Fee: 30
  • Association Fee Frequency: Monthly
  • Association Name: Besharel HOA
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 13302.7884
  • Parcel #: B271000000000300

Building Info

  • Buildings: 1

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 28501

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 8
  • Annual Gross Income: 34713
  • Insurance Expense: 3840

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
2023 $27,234 $1,016,115 $89,396 $926,719
2022 $13,383 $477,112 $59,132 $417,980
2021 $1,689 $59,132 $59,132 $0
2020 $1,593 $55,075 $55,075 $0
2019 $1,614 $55,075 $55,075 $0
2018 $1,569 $53,239 $53,239 $0
2017 $1,583 $53,239 $53,239 $0
2016 $1,583 $53,239 $53,239 $0
2015 $1,575 $53,239 $53,239 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2025 02/10/25 For Sale $1,250,000 -- $117 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Source: Greater McAllen Association of REALTORS®

MLS Number: 461323

Greater McAllen Association of REALTORS®

APN: B2710-00-000-0003-00

Texas Hidalgo County Pharr 78577

744 W Hall Acres Rd, Pharr, TX

This home is located at 744 W Hall Acres Rd, Pharr, TX 78577 and is currently priced at $1,250,000, approximately $116 per square foot. This property was built in 2021. 744 W Hall Acres Rd is a home located in Hidalgo County with nearby schools including Geraldine Palmer 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.

Nearby Homes
Fernando Pacheco
Listing Agent
Fernando Pacheco
Section Image
Alliance Real Estate Group
(956) 593-2071