1601 Hyatt Avenue

Pharr, TX 78577

$2,499,000
Price
Beds
18,144 Sq. Ft.
$138 / Sq. Ft.
18,144
Sq. Ft.
$138
per Sq. Ft.

Description

INCOME GENERATING investment opportunity in Pharr! This brand new 18 unit apartment complex is strategically located in an established and thriving community. The well maintained complex is thoughtfully designed to maximize space and comfort. The units feature modern amenities, tasteful finishes, an expansive green area, ample parking, and have attractive curb side appeal. Investors seeking a steady stream of income, call to schedule your showing today!INCOME GENERATING investment opportunity in Pharr! This brand new 18 unit apartment complex is strategically located in an established and thriving community. The well maintained complex is thoughtfully designed to maximize space and comfort. The units feature modern amenities, tasteful finishes, an expansive green area, ample parking, and have attractive curb side appeal. Investors seeking a steady stream of income, call to schedule your showing today!
  1. Listed by Lilibet Cantu • TREC #801070536 • Radiant Realty Services

Property Details for 1601 Hyatt Avenue

Community Features
Curbs, Sidewalks, Street Lights
Subdivision Name
Jackson South Estates
LISTING UPDATED: 10/31/2024 05:50 PM

Property Details for 1601 Hyatt Avenue

StatusActive
MLS #433676
Days on Market206
Taxes$1,540 / year
HOA Fees$1,500 / year
Condo/Co-op Fees$3,000 / year
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built2023
CountyHidalgo County

Building Information for 1601 Hyatt Avenue

Building/Complex1601 Hyatt AveFloor-Stories1Residences18Pet Policy-Year Built2023Building Size-

Property Information for 1601 Hyatt Avenue

Summary
Location and General Information
  • Directions: Travel south on S Jackson Rd/ FM2061, pass intersection of Hall Acres and Jackson South Estates will be on the left side of the road.
  • 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: Palmer
  • Elementary School District: PSJA ISD
  • High School: PSJA South West H.S.
  • High School District: PSJA ISD
  • Middle Or Junior School: Kennedy
  • Middle Or Junior School District: PSJA ISD
Taxes and HOA
  • Association Fee: $1,500
  • Association FeeFrequency: Annually
  • Association Name: Magnolia Property Management
  • Association: Yes
  • Parcel Number: J235500000010700
  • Tax Annual Amount: $1,540
  • Tax Legal Description: JACKSON SOUTH ESTATES LOT 107
  • Tax Year: 2023
Property
Lot Information
  • Building Area Source: Blue Prints
  • Building Area Total: 18144.0
  • Building Area Units: Square Feet
  • Living Area: 18144.0
  • Living Area Source: Blue Prints
  • Living Area Units: Square Feet
  • Lot Features: Professional Landscaping, Sidewalks, Sprinkler System
  • Lot Size Acres: 1.4185
  • Lot Size Area: 1.4185
  • Lot Size Square Feet: 61789.86
  • Lot Size Units: Acres
Property and Assessments
  • Year Built: 2023
  • Year Built Source: HCAD
  • Escrow: $25,000.00
Utilities
  • Irrigation Water Rights: No
  • Number Of Separate Water Meters: 19
  • Sewer: City Sewer
Green Features
  • Green Energy Efficient: Thermostat
Mobile Home
Mobile Home Information
  • Home Warranty: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: Other, Sprinkler System
  • Fencing: None
  • Pool: No
  • Number Of Buildings: 1
  • Construction Materials: Stucco
  • Other Structures: Outbuilding (None)
  • Association Amenities: Property Owners' Assoc.
  • Roof: Composition Shingle, Flat
Interior Features
  • Appliances: Water Heater (Laundry Room), Microwave, Refrigerator, Stove/Range-Electric Smooth
  • Cooling: Central Air
  • Cooling YN: Yes
  • Flooring: Porcelain Tile
  • Heating: Central
  • Heating: Yes
  • Interior Features: Ceiling Fan(s), Dryer, Microwave, Washer
  • Laundry Features: Laundry Area
  • Foundation Details: Slab
Multi Family
Income & Expenses
  • Gross Income: $259,200.00
  • Insurance Expense: $14,000.00
  • Maintenance Expense: $3,000.00
Multi-Family Information
  • Number Of Units In Community: 9
  • Number Of Units Total: 18
  • Other Expense: $1,500.00

Property History for 1601 Hyatt Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 1601 Hyatt Avenue

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 - 9 to 12
Rating
School
Distance
Geraldine Palmer Elementary School
PublicPK to 5

Kennedy Middle School
Public6 to 8

Psja Southwest Early College High School
Public9 to 12

Psja Thomas Jefferson Echs
Public9 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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1601 Hyatt Avenue is a multi-family home for sale in Pharr, TX 78577. This property was listed for sale on May 1, 2024 by Radiant Realty Services, it's currently listed at $2,499,000. This listing's school district is Pharr-San Juan-Alamo Independent School District. Nearby schools include Geraldine Palmer Elementary School, Kennedy Middle School and Psja Southwest Early College High School. 1601 Hyatt Avenue is a 0-bed, 0-bath, 18,144 sqft multi-family home built in 2023.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Radiant Realty Services

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.