923 W Park Avenue Pharr, TX $ 650,000
923 W Park Avenue
$ 650,000
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923 W Park Avenue

Pharr, TX, 78577
$ 650,000
Baths0.0 Sq 8,216

Monthly Estimate*

$ 4,002

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Studio

Multi-Family Home for sale in Pharr, TX

for $650,000. This 8,216 square foot home was built in 1998 on a lot size of 0.3447.

Excellent investment opportunity! Well-maintained apartment complex featuring multiple units with spacious floor plans, open living areas, tile flooring throughout, and functional kitchens with appliances included. Units offer bright interiors, comfortable bedrooms, and full bathrooms. Property includes ample on-site parking, shared laundry facilities, and low-maintenance brick exterior construction for long-term durability. Conveniently located near major roads, shopping, dining, schools, and employment centers. Strong income-producing potential with established rental demand. Ideal for investors seeking steady cash flow and value-add upside in a growing area. Don’t miss this chance to own a multi-family asset with excellent upside potential.

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Multi-Family Active

Price

$ 650,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 16,063

Style

Apartment

Lot Size

0.3447

Year Built

1998

Town/City

Pharr

County/Region

Hidalgo

MLS | Web ID

502929

Features
General
Sewer City Sewer
Possession Closing and Funding
Property Subtype Apartment
Tax Year 2025
Community Features Street Lights
County Hidalgo
Property Type Residential Income
HOA false
Subdivision Name Palm Heights
Status Active
Directions From Expressway 83 eastbound take the exit for Jackson Rd. and remain on the frontage road. Pass Jackson Rd. then turn right (south) onto Sugar Rd. The first street to the left will be W Park also known as Newcombe Ave.
High School PSJA South West H.S.
City Pharr
High School District PSJA ISD
Lot Size Units Square Feet
Lot Size Square Feet 15015.132
Elementary School Aida C. Escobar
Tax Annual Amount 16063
Home Warranty Y/N false
Middle/Junior High School Kennedy
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District PSJA ISD
Elementary School District PSJA ISD
Legal Description PALM HEIGHTS-W107.25'-N140' BLK 2
Freehold BBO VOW IDX
Living Area 8216
Cooling Central Air
Roof Composition Shingle
Appliances Electric Water Heater Refrigerator Stove/Range-Electric Coil
Garage Spaces 14
Construction Materials Brick
Year Built 1998
Stories Count 2
Energy Efficient None
Garage Y/N true
Carport Spaces 0
Carport Y/N false
Year Built Source HCAD
Heating Central
Insurance Expense 0
Other Structures Outbuilding (None)
Gross Income 86400
MaintenanceExpense 0
Number Of Units Total 12
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Interior
Interior Amenities None
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Laundry Features None
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Exterior
Lot Size Area 15015.132
Lot Size Acres 0.3447
Road Surface Type Paved
Irrigation Water Rights Y/N false
Lot Features Corner Lot
Fencing Barbed Wire
Exterior Amenities None
Parking Features No Garage
Total Parking 14
Foundation Details Slab
Building Area Total 8216
Covered Spaces 14
Pool YN false
Number of Separate Water Meters 12
Number of Buildings 1
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* Excluded Features
List By
Maribeny Arjona

Listing Agent

Texas Ally Real Estate Group, Llc

Broker

maribenyarjona@hotmail.com

Email

Affordability Calculator

$5,341
Per Month
75%
25%
0%
Monthly Principal & Interest
$4,002
Monthly Property Taxes
$1,339
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
Pricing History
DatePricePrice ChangeDescription
4/28/2026$650,000 Listed Price

Map


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923 W Park Avenue, Pharr, TX, 78577 is a Multi-Family Home for sale at $650,000 with 8,216 sqft and a lot size of 0.3447. 923 W Park Avenue is a studio with 0.0 baths and was built in 1998. The property's zip code is 78577 which is in Pharr, TX