900 South Palm Drive

Pharr, TX 78577

$389,000
Price
Beds
4,016 Sq. Ft.
$97 / Sq. Ft.
4,016
Sq. Ft.
$97
per Sq. Ft.

Description

Welcome to this fantastic income-producing multifamily unit located in the heart of Pharr, Texas! This 4plex has spacious living areas, kitchen and bedrooms. The common area is well maintained. The property boasts a high occupancy rate, making it a great investment opportunity for any savvy investor. Each unit is currently generating strong rental income, providing a reliable source of passive income for the new owner. Conveniently located in a highly desirable area, tenants will enjoy easy access...Welcome to this fantastic income-producing multifamily unit located in the heart of Pharr, Texas! This 4plex has spacious living areas, kitchen and bedrooms. The common area is well maintained. The property boasts a high occupancy rate, making it a great investment opportunity for any savvy investor. Each unit is currently generating strong rental income, providing a reliable source of passive income for the new owner. Conveniently located in a highly desirable area, tenants will enjoy easy access to local dining, shopping, and entertainment options. With its prime location and steady rental income, this multifamily unit is a must-see for any investor looking to expand their portfolio in the thriving Pharr real estate market. Don't miss out on this excellent investment opportunity – schedule a showing today and secure your future financial success with this income-producing property in Pharr, Texas!
  1. Listed by Trisha Scott • TREC #801068438 • Veale Properties

Property Details for 900 South Palm Drive

Community Features
None
Subdivision Name
Sam Houston Heights

Location

Listing Courtesy of Veale Properties
Add your commute
LISTING UPDATED: 04/29/2024 01:16 PM

Property Details for 900 South Palm Drive

StatusActive
MLS #432592
Days on Market33
Taxes$10,094 / year
HOA Fees$500 / year
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built2007
Lot Size0.19 AC / 8,170 SF
CountyHidalgo County

Location

Listing Courtesy of Veale Properties
Add your commute

Building Information for 900 South Palm Drive

Stories-Residences4Year Built2007Building Size-Lot Size0.19 AC / 8,170 SF

Payment Calculator

$3,006 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,123

Property Taxes

$841

HOA Dues

$42

The Payment Calculator is for illustrative purposes only.

Property Information for 900 South Palm Drive

Summary
Location and General Information
  • Directions: From Expressway 83 East bound, take exit toward E. Jackson Ave/Sam Houston Avenue. Turn right onto E. Jackson Avenue. E. Jackson Avenue turns to Sam Houston Avenue. Turn right onto S. Palm Drive. Fourplex is on the right side of Palm Drive near the gate.
  • Road Surface Type: Paved
Parking
  • Carport Spaces: 2.0
  • Carport YN: Yes
  • Covered Spaces: 2.0
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: No Garage
  • Parking Total: 2.0
School Information
  • Elementary School: Escobar
  • Elementary School District: PSJA ISD
  • High School: PSJA H.S.
  • High School District: PSJA ISD
  • Middle Or Junior School: Liberty
  • Middle Or Junior School District: PSJA ISD
Taxes and HOA
  • Association Fee: $500
  • Association FeeFrequency: Annually
  • Association Name: Sam Houston Heights
  • Association: Yes
  • Parcel Number: S025700000006300
  • Tax Annual Amount: $10,094
  • Tax Legal Description: SAM HOUSTON HEIGHTS LOT 63
  • Tax Year: 2024
Property
Lot Information
  • Building Area Source: HidalgoCAD
  • Building Area Total: 4016.0
  • Building Area Units: Square Feet
  • Living Area: 4016.0
  • Living Area Source: HidalgoCAD
  • Living Area Units: Square Feet
  • Lot Features: Curb & Gutters, Sidewalks
  • Lot Size Acres: 0.1876
  • Lot Size Area: 8170.1136
  • Lot Size Dimensions: 76x107.50
  • Lot Size Square Feet: 8170.1136
  • Lot Size Units: Square Feet
Property and Assessments
  • Year Built: 2007
  • Year Built Source: HCAD
  • Escrow: $4,000.00
Utilities
  • Irrigation Water Rights: No
  • Number Of Separate Water Meters: 4
  • Sewer: City Sewer
  • Water Source: Public
Green Features
  • Green Energy Efficient: Attic Fans
Mobile Home
Mobile Home Information
  • Home Warranty: No
Interior and Exterior Features
Exterior Features
  • Fencing: Partial
  • Pool: No
  • Number Of Buildings: 2
  • Construction Materials: Brick
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Patio
  • Roof: Shingle
Interior Features
  • Appliances: Electric Water Heater, Dryer, Refrigerator, Stove/Range-Gas, Washer
  • Cooling: Central Air
  • Cooling YN: Yes
  • Flooring: Tile
  • Heating: Central
  • Heating: Yes
  • Interior Features: Other
  • Laundry Features: Laundry Area
  • Foundation Details: Slab
Multi Family
Income & Expenses
  • Gross Income: $.00
  • Insurance Expense: $.00
  • Maintenance Expense: $.00
Multi-Family Information
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Other Expense: $.00

Property History for 900 South Palm Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 900 South Palm Drive

Taxable ValueLand$87,419Additions$289,207Total$376,626
Tax Record2022$10,564 ($880 / month)
Home Facts
Total Finished SqFt4,016 SqFtAbove Grade Finished SqFt4,016 SqFtStories1Lot Size8,170 SqFtStyleQuadraplexYear Built2007CountyHIDALGOAPNS0257-00-000-0063-00

Schools near 900 South Palm Drive

This home is within Pharr-San Juan-Alamo Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Aida C Escobar Elementary School
PublicPK to 5

Kennedy Middle School
Public6 to 8

Psja Southwest Early College High School
Public9 to 12

Buell Central Daep
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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900 South Palm Drive is a multi-family home for sale in Pharr, TX 78577. This property was listed for sale on March 29, 2024 by Veale Properties, it's currently listed at $389,000. It has been on the market for a total of 33 days and was last sold on April 24, 2019. This listing's school district is Pharr-San Juan-Alamo Independent School District. Nearby schools include Aida C Escobar Elementary School, Kennedy Middle School and Psja Southwest Early College High School. 900 South Palm Drive is a 0-bed, 0-bath, 4,016 sqft multi-family home built in 2007.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Veale Properties

Based on information from one of the following Multiple Listing Services: GMAR MLS, South Texas MLS and Amarillo Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by GMAR MLS, South Texas MLS and Amarillo Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.