206-320 West Albatross Avenue

Pharr, TX 78577

$5,200,000
Price
Beds
38,304 Sq. Ft.
$136 / Sq. Ft.
38,304
Sq. Ft.
$136
per Sq. Ft.

Description

Discover an exceptional investment opportunity with this portfolio of 13 fully leased fourplex buildings in the heart of Pharr, Texas. Priced at $5,200,000, these 52 units are strategically located near major highways, shopping centers, schools, parks, and dining, ensuring convenience for tenants. The properties are well-maintained and feature modern amenities, ensuring tenant satisfaction and retention. Pharr is experiencing robust economic growth, making this a prime time to invest in this thriving...Discover an exceptional investment opportunity with this portfolio of 13 fully leased fourplex buildings in the heart of Pharr, Texas. Priced at $5,200,000, these 52 units are strategically located near major highways, shopping centers, schools, parks, and dining, ensuring convenience for tenants. The properties are well-maintained and feature modern amenities, ensuring tenant satisfaction and retention. Pharr is experiencing robust economic growth, making this a prime time to invest in this thriving market. Enjoy immediate and stable cash flow with great potential for appreciation. Contact your local Texas Realtor about this lucrative investment opportunity today!
  1. Listed by Rebeca Bermudez • TREC #800008691 • Tnt Real Estate

Property Details for 206-320 West Albatross Avenue

Community Features
Curbs, Sidewalks, Street Lights
Subdivision Name
Providence
LISTING UPDATED: 11/19/2024 06:35 PM

Property Details for 206-320 West Albatross Avenue

StatusActive
MLS #445846
Days on Market121
Taxes$150,536 / year
HOA Fees-
Condo/Co-op Fees$21,000 / year
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built2013
Lot Size3.55 AC / 154,661 SF
CountyHidalgo County

Building Information for 206-320 West Albatross Avenue

Stories1Residences52Year Built2013Building Size-Lot Size3.55 AC / 154,661 SF

Property Information for 206-320 West Albatross Avenue

Summary
Location and General Information
  • Directions: Travel south on S Cage Blvd for 5mi passing E Javelina Dr. & E Pecina Rd. Turn right onto W Albatross Ave the property will be located on the left hand side.
  • Road Surface Type: Paved
Parking
  • Carport Spaces: 104.0
  • Carport YN: Yes
  • Covered Spaces: 104.0
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: Detached
  • Parking Total: 104.0
School Information
  • Elementary School: Chavez
  • 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: No
  • Parcel Number: Multiple Tax ID's
  • Tax Annual Amount: $150,536
  • Tax Legal Description: PROVIDENCE LOT 11, LOT 13, LOT 10, LOT 14, LOT 9, LOT 15, LOT 8, LOT 16, LOT 7, LOT 17, LOT 6, LOT 18, LOT 5
  • Tax Year: 2023
Property
Lot Information
  • Building Area Source: HidalgoCAD
  • Building Area Total: 38304.0
  • Building Area Units: Square Feet
  • Living Area: 38304.0
  • Living Area Source: HidalgoCAD
  • Living Area Units: Square Feet
  • Lot Features: Mature Trees, Sidewalks, Sprinkler System
  • Lot Size Acres: 3.5505
  • Lot Size Area: 3.5505
  • Lot Size Square Feet: 154661.0868
  • Lot Size Units: Acres
Property and Assessments
  • Year Built: 2013
  • Year Built Source: HCAD
  • Escrow: $52,000.00
Utilities
  • Irrigation Water Rights: No
  • Number Of Separate Water Meters: 52
  • Sewer: City Sewer
  • Utilities: Cable Available
  • Water Source: Public
Green Features
  • Green Energy Efficient: Thermostat
Mobile Home
Mobile Home Information
  • Home Warranty: No
Interior and Exterior Features
Exterior Features
  • Fencing: Wood
  • Pool: No
  • Number Of Buildings: 13
  • Construction Materials: Brick
  • Other Structures: Outbuilding (None)
  • Patio And Porch Features: Patio
  • Roof: Composition Shingle
  • Security Features: Smoke Detector(s)
  • Window Features: Energy Features (Double Pane Windows)
Interior Features
  • Appliances: Electric Water Heater, Water Heater (In Attic), Disposal, Refrigerator, Stove/Range
  • Cooling: Central Air, Heat Pump
  • Cooling YN: Yes
  • Flooring: Tile
  • Heating: Central, Heat Pump
  • Heating: Yes
  • Interior Features: Ceiling Fan(s), Decorative/High Ceilings, Walk-In Closet(s)
  • Laundry Features: Laundry Closet, Washer/Dryer Connection
  • Foundation Details: Slab
Multi Family
Income & Expenses
  • Gross Income: $47,158.00
  • Insurance Expense: $23,400.00
  • Maintenance Expense: $21,000.00
Multi-Family Information
  • Number Of Units In Community: 13
  • Number Of Units Total: 52
  • Other Expense: $.00

Property History for 206-320 West Albatross Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 206-320 West Albatross 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 - 6 to 12
Rating
School
Distance
Cesar Chavez El
PublicPK to 5

Kennedy Middle School
Public6 to 8

Psja Southwest Early College High School
Public9 to 12

PSJA COLLEGIATE
Public6 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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Similar Sold Homes

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206-320 West Albatross Avenue is a multi-family home for sale in Pharr, TX 78577. This property was listed for sale on July 29, 2024 by Tnt Real Estate, it's currently listed at $5,200,000. This listing's school district is Pharr-San Juan-Alamo Independent School District. Nearby schools include Cesar Chavez El, Kennedy Middle School and Psja Southwest Early College High School. 206-320 West Albatross Avenue is a 0-bed, 0-bath, 38,304 sqft multi-family home built in 2013.

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 Tnt Real Estate

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.