901 W Park Avenue
Pharr, TX 78577
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Bed
0
Bath
10,952Sqft
20,999.84Sqft(Lot)
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!
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Flooring Information
Laminate, Tile -
Interior Features
Ceiling Fan(s), Walk-In Closet(s) Appliances: Range, Cooktop, Electric Water Heater, Dryer, Refrigerator, Washer Laundry Features: Laundry Closet, Washer Hookup -
Heating & Cooling
Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air, Electric
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Building Information
Year Built: 1993 Building Area Total: 10952 Construction Materials: Brick Stories: 2 Private Pool: No -
Exterior Features
Exterior Features: Balcony
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Lot Information
Main Square Feet: 20999.8404 Square Feet Lot Size Acres: 0.4821 Lot Size Square Feet: 20999.8404 Lot Description: Corner LotProperty Information
Subdivision: Ramos Source Property Type: Residential Income Property SubType: Apartment Property Age: 33
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Listing Price Information
Listing Price: $850000
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Tax Information
Parcel Number: R075100000000100 Tax Year: 2023 Annual Tax: $15814
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Parking Information
Parking Total: 20 No Garage
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School Information
Elementary School: Aida C. EscobarJunior High School: KennedySenior High School: PSJA South West H.S. -
Location Information
Direction: 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. Security Features: Smoke Detector(s)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1408 Samara Avenue #4, Pharr, TX, 78577 | $170,000 | 2 | 2 | 1,138 | 1,138 SqFt |
| 1410 E Encino Avenue, Pharr, TX, 78577 | $289,000 | 3 | 2 | 1,568 | 1,568 SqFt |
| 1404 E Danielle Avenue, Pharr, TX, 78577 | $271,000 | 3 | 2 | 1,592 | 1,592 SqFt |
| 1301 E Minnesota Road, Pharr, TX, 78577 | $475,000 | 5 | 4 | 2,727 | 2,727 SqFt |
| 1311 E Danielle Avenue, Pharr, TX, 78577 | $350,000 | 4 | 3 | 1,938 | 1,938 SqFt |
| 1200 E San Pedro Drive, Pharr, TX, 78577 | $415,000 | 3 | 3 | 2,098 | 2,098 SqFt |
| 1207 E Danielle Avenue, Pharr, TX, 78577 | $324,900 | 4 | 3 | 1,743 | 1,743 SqFt |
| 1109 E San Pedro Street, Pharr, TX, 78577 | $245,000 | 3 | 3 | 1,500 | 1,500 SqFt |
| 5416 N Chula Vista Street, Pharr, TX, 78577 | $280,000 | 3 | 2 | 1,517 | 1,517 SqFt |
| 4705 N Juniper Street, Pharr, TX, 78577 | $327,000 | 3 | 3 | 1,800 | 1,800 SqFt |
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Nearby For Sale
The data relating to real estate for sale on this website 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. Copyright © 2026 Greater McAllen Association of REALTORS®. All rights reserved.
ByOwner last updated this listing 06/08/2026 @ 10:04
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