8005 Cisne St Pharr, TX 78577
Las Milpas NeighborhoodEstimated payment $5,396/month
Highlights
- 0.64 Acre Lot
- No HOA
- Crown Molding
- Mature Trees
- Built-In Features
- Laundry closet
About This Home
This is an amazing opportunity to step into a fully leased, 9 unit apartment complex in Pharr, TX! With a mixture of 9 units, the majority being 3 bed / 2 bath, this complex is as turn key as it gets! With GOI of almost $81k, this is a property that is not only strong and vibrant now, but also has a strong upside were the new owner to decide to take action. All leases are on 12 months, and the roof was recently replaced in 2016. The HVAC and water heater units are less than 7 years old for most units. Lots of parking and a very desirable location round out this great investment! Call today before its too late!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,387
Year Built
- Built in 1999
Lot Details
- 0.64 Acre Lot
- Irregular Lot
- Mature Trees
Home Design
- Brick Exterior Construction
- Slab Foundation
- Composition Shingle Roof
- Wood Siding
Interior Spaces
- 7,998 Sq Ft Home
- 1-Story Property
- Built-In Features
- Crown Molding
- Ceiling Fan
- Fire and Smoke Detector
Kitchen
- Stove
- Disposal
Laundry
- Laundry closet
- Washer
Parking
- 18 Carport Spaces
- No Garage
Eco-Friendly Details
- Energy-Efficient Thermostat
Schools
- Anaya Elementary School
- Escalante Middle School
- Psja High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number L330000000000613
Community Details
Overview
- No Home Owners Association
- 4 Buildings
- 9 Units
- Las Milpas Subdivision
Building Details
- Insurance Expense $3,729
- Maintenance Expense $2,400
- Gross Income $80,700
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 |
|---|---|---|---|---|
| 2024 | $12,717 | $536,622 | $92,129 | $444,493 |
| 2023 | $10,582 | $375,000 | $73,703 | $301,297 |
| 2022 | $11,223 | $391,530 | $73,703 | $317,827 |
| 2021 | $8,654 | $296,689 | $41,970 | $254,719 |
| 2020 | $8,800 | $303,754 | $41,970 | $261,784 |
| 2019 | $8,065 | $285,150 | $41,970 | $243,180 |
| 2018 | $8,280 | $292,047 | $41,970 | $250,077 |
| 2017 | $8,205 | $287,857 | $41,970 | $245,887 |
| 2016 | $6,964 | $244,323 | $41,970 | $202,353 |
| 2015 | $6,250 | $244,606 | $37,875 | $206,731 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/19/2024 01/19/24 | Price Changed | $760,000 | -1.9% | $95 / Sq Ft |
| 10/09/2023 10/09/23 | Price Changed | $775,000 | -3.1% | $97 / Sq Ft |
| 07/18/2023 07/18/23 | For Sale | $800,000 | -- | $100 / Sq Ft |
Source: Greater McAllen Association of REALTORS®
MLS Number: 410289
APN: L3300-00-000-0006-13
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.
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