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901 W Park Avenue Pharr, TX $ 850,000
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$ 850,000 Get more info
901 W Park Avenue
$ 850,000
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901 W Park Avenue

Pharr, TX, 78577
$ 850,000
Baths0.0 Sq 10,952

Monthly Estimate*

$ 5,234

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Studio

Multi-Family Home for sale in Pharr, TX

for $850,000. This 10,952 square foot home was built in 1993 on a lot size of 0.4821.

Welcome to 901 W Park Ave, a lucrative investment property offering 16 units in Pharr, Texas. Built in 1993, this very well maintained asset generates a net operating income of $89,250, boasting an impressive 10.5% cap rate (not including management expenses). Priced at $850,000, the owner is willing to sell the property in two or willing to give a discount to a buyer who buys the whole apartment complex, promising steady rental income and TONS of potential for growth. Don't miss out—schedule a viewing today!

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Multi-Family Pending

Price

$ 850,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 15,814

Style

Apartment

Lot Size

0.4821

Year Built

1993

Town/City

Pharr

County/Region

Hidalgo

MLS | Web ID

443427
Features
General
Sewer City Sewer
Possession Closing and Funding
Property Subtype Apartment
Tax Year 2023
Community Features Street Lights
County Hidalgo
Property Type Residential Income
HOA false
Subdivision Name Ramos
Status Pending
Directions Head East on W Business 83 in Pharr and turn South on S Hibiscus Street and then West on W Park Avenue. Property is on the corner of Park Avenue and Hibiscus.
High School PSJA South West H.S.
City Pharr
High School District PSJA ISD
Lot Size Units Square Feet
Lot Size Square Feet 20999.8404
Elementary School Aida C. Escobar
Tax Annual Amount 15814
Home Warranty Y/N false
Middle/Junior High School Kennedy
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Pending
Middle/Junior School District PSJA ISD
Elementary School District PSJA ISD
Legal Description RAMOS LOT 1 and LOT 2
Freehold BBO VOW IDX
Living Area 10952
Cooling Central Air Electric
Roof Composition Shingle
Appliances Electric Water Heater Dryer Refrigerator Stove/Range Washer
Garage Spaces 0
Construction Materials Brick
Year Built 1993
Stories Count 2
Energy Efficient None
Garage Y/N false
Carport Spaces 20
Carport Y/N true
Year Built Source HCAD
Heating Central Electric
Insurance Expense 6780
Security Features Smoke Detector(s)
Other Structures Laundry Facility
Gross Income 118680
MaintenanceExpense 2000
Number Of Units Total 16
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Interior
Interior Amenities Ceiling Fan(s) Walk-In Closet(s)
Flooring Laminate Tile
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Laundry Area Laundry Closet Washer/Dryer Connection
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Exterior
Lot Size Area 20999.8404
Lot Size Acres 0.4821
Road Surface Type Paved
Irrigation Water Rights Y/N false
Lot Features Corner Lot
Fencing Barbed Wire Chain Link
Exterior Amenities Balcony
Parking Features No Carport No Garage
Total Parking 20
Foundation Details Slab
Building Area Total 10952
Covered Spaces 20
Pool YN false
Number of Separate Water Meters 1
Number of Buildings 2
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* Excluded Features
List By
Jorge Valdez

Listing Agent

Monarca Real Estate Group Llc

Broker

jvaldez1980@yahoo.com

Email

Affordability Calculator

$6,551
Per Month
80%
20%
0%
Monthly Principal & Interest
$5,234
Monthly Property Taxes
$1,318
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
PSJA South West H.S. High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/5/2026$850,000 Listed Price

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901 W Park Avenue, Pharr, TX, 78577 is a Multi-Family Home for sale at $850,000 with 10,952 sqft and a lot size of 0.4821. 901 W Park Avenue is a studio with 0.0 baths and was built in 1993. The property's zip code is 78577 which is in Pharr, TX

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