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Image 1 - 901 W Park Ave, Pharr, Texas, 78577 - House for sale
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Home For Sale In Pharr, Texas
901 W Park Ave, Pharr, Texas, 78577

Home For Sale In Pharr, Texas

house for sale
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Listed: 05/23/24

901 W Park Ave, Pharr, Texas, 78577

Studio Bed:
10,952 Sq Ft Living Area:
Save
Price
$ 880,000

About This House

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$102, 778,boasting an impressive 11.7% cap rate (not including management expenses). Priced at$880, 000,it promises steady rental income and TONS of potential for growth. Don't miss outschedule a viewing today!

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Pharr Housing & Living

Average sale prices for houses

3 bed
Show as List Show as Graph
In May 2024, the asking price for 3 bed houses for sale in/near Pharr, United States averaged $248,808, an increase of 0.6% from the previous month.
Median price trends for properties for sale in Pharr, United States as of May 2024.

Household Income

Median household income: $39,445
Number of households: 21,413
The average household income in Pharr, TX grew from $36,501 to $39,445 in the past year. This data is an estimate based upon 21,413 households in Pharr, TX.
The chart below presents how household income is distributed in Pharr, TX in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Pharr, TX compared to median property taxes around the country. The prevalent amount of property taxes in Pharr, TX equals $800-$1,500 , which is less than the national average.