Pharr, TX 78577,901 W Park AVE
Pharr, TX 78577,901 W Park AVE
Pharr, TX 78577,901 W Park AVE
Pharr, TX 78577,901 W Park AVE
Pharr, TX 78577,901 W Park AVE
Pharr, TX 78577,901 W Park AVE
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Listed by Monarca Real Estate Group LLC
$ 850,000

10,952 SqFt


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$ 850,000
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10,952 SqFt

Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

Square Footage 10,952 sqft

Subdivision Ramos

MLS Listing ID 443427

HOA Y/N No

Year Built 1993

Annual Tax Amount $15,814

Tax Year 2023

Lot Size 0.482 Acres

Acres 0.4821

Property Sub-Type Apartment

Source Greater McAllen

Property Description

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!

Location

State TX

County Hidalgo

Community Street Lights

Rooms

Other Rooms Laundry Facility

Interior

Interior Features Ceiling Fan(s), Walk-In Closet(s)

Heating Central, Electric

Cooling Central Air, Electric

Flooring Laminate, Tile

Appliance Electric Water Heater, Dryer, Refrigerator, Stove/Range, Washer

Laundry Laundry Area, Laundry Closet, Washer/Dryer Connection

Exterior

Exterior Feature Balcony

Carport Spaces 20

Fence Barbed Wire, Chain Link

Community Features Street Lights

View Y/N No

Roof Type Composition Shingle

Total Parking Spaces 20

Garage No

Building

Lot Description Corner Lot

Faces 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.

Story 2

Foundation Slab

Sewer City Sewer

Structure Type Brick

New Construction No

Schools

Elementary Schools Aida C. Escobar

Middle Schools Kennedy

High Schools Psja South West H.S.

Others

Tax ID R075100000000100

Security Features Smoke Detector(s)

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Milam Elementary School

    Public | PK - 5

  • 9

    Vanguard Academy

    Public | PK - 12

  • 9

    Dr William Long Elementary School

    Public | PK - 5

  • 8

    Geraldine Palmer Elementary School

    Public | PK - 5

  • 7

    Wilson Elementary School

    Public | PK - 5

  • 7

    Aida C Escobar Elementary School

    Public | PK - 5

  • 7

    Hidalgo Park Elementary School

    Public | PK - 5

  • 7

    Henry Ford Elementary School

    Public | PK - 5

  • 6

    Horizon Montessori

    Public | PK - 8

  • 6

    Fields Elementary School

    Public | PK - 5

  • 6

    Jackson Elementary School

    Public | PK - 5

  • 6

    Daniel Ramirez Elementary School

    Public | PK - 5

  • 6

    Kelly-Pharr Elementary School

    Public | PK - 5

  • 6

    Edith & Ethel Carman Elementary School

    Public | PK - 5

  • 6

    Amanda Garza-Pena Elementary School

    Public | PK - 5

  • 6

    John Doedyns Elementary School

    Public | PK - 5

  • 5

    Allen & William Arnold Elementary School

    Public | PK - 5

  • 5

    Raul Longoria Elementary School

    Public | PK - 5

  • 5

    Idea Academy San Juan

    Public | KG - 4

  • 0

    Our Lady of Sorrows School

    Private | PK - 8

Middle Schools 10
  • 9

    Cathey Middle School

    Public | 6 - 9

  • 5

    Lyndon B Johnson Middle School

    Public | 6 - 8

  • 4

    Travis Middle School

    Public | 6 - 8

  • 4

    Kennedy Middle School

    Public | 6 - 8

  • 4

    R Yzaguirre Middle School

    Public | 6 - 8

  • 3

    Liberty Middle School

    Public | 6 - 8

  • 0

    Southwest Key Program

    Public | 7 - 11

  • 0

    Instr/Guid Center

    Public | 6 - 12

  • 0

    Buell Central Disciplinary Alternative Education Program

    Public | 6 - 12

  • 0

    Psja Sonia M Sotomayor High School

    Public | 8 - 12

High Schools 13
  • 6

    Psja Thomas Jefferson Echs

    Public | 9 - 12

  • 5

    McAllen High School

    Public | 9 - 12

  • 5

    Memorial High School

    Public | 9 - 12

  • 5

    Psja North High School

    Public | 9 - 12

  • 4

    Psja High School

    Public | 9 - 12

  • 3

    Psja Southwest Early College High School

    Public | 9 - 12

  • 1

    Midvalley Academy-Mcallen Charter High School

    Public | 9 - 12

  • 0

    Student Alternative Program

    Public | 9 - 12

  • 0

    Lamar Academy

    Public | 9 - 12

  • 0

    Premier High School of San Juan

    Public | 9 - 12

  • 0

    Premier High School of Pharr

    Public | 9 - 12

  • 0

    College Career & Technology Academy

    Public | 12 - 12

  • 0

    Elvis J Ballew High School

    Public | 9 - 12

School and business data provided by Attom Data.
Jessica Mason

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(956) 369-5318

masonteamrgv@gmail.com

801 N. Ware Rd. Ste 7, McAllen, Texas, 78501, USA

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901 W Park AVE