301-303 South Palm Drive

Pharr, TX 78577

$1,600,000
Price
Beds
15,500 Sq. Ft.
$103 / Sq. Ft.
15,500
Sq. Ft.
$103
per Sq. Ft.

Description

20 total units, 4 units are 875 SQFT each, 16 units are 750 SQFT 20 total units. Tenants pay light.20 total units, 4 units are 875 SQFT each, 16 units are 750 SQFT 20 total units. Tenants pay light.
  1. Listed by Myssie Cardenas-Barajas • TREC #801001351 • Marcus Phipps Real Estate Llc

Property Details for 301-303 South Palm Drive

Community Features
None
Subdivision Name
Hillcrest
LISTING UPDATED: 07/10/2024 04:15 PM

Property Details for 301-303 South Palm Drive

StatusActive
MLS #443347
Days on Market171
Taxes$19,047 / year
HOA Fees-
Condo/Co-op Fees$49,877 / year
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1986
CountyHidalgo County

Building Information for 301-303 South Palm Drive

Building/Complex301-303 S Palm DrFloor-Stories-Residences20Pet Policy-Year Built1986Building Size-

Property Information for 301-303 South Palm Drive

Summary
Location and General Information
  • Directions: Nolana Avenue to Jackson Rd. then go south to Business HWY 83, turn east (left) to Palm Drive, turn right (south) to NE corner of Kelly & Palm.
  • Road Surface Type: Paved
Parking
  • Carport Spaces: 0.0
  • Carport YN: No
  • Covered Spaces: 0.0
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: No Carport, No Garage
  • Parking Total: 0.0
School Information
  • Elementary School: Escobar
  • 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: $0
  • Association: No
  • Parcel Number: H351000000000100
  • Tax Annual Amount: $19,047
  • Tax Legal Description: Hillcrest Subdivision Lot 1-4
  • Tax Year: 2019
Property
Lot Information
  • Building Area Source: HidalgoCAD
  • Building Area Total: 15500.0
  • Building Area Units: Square Feet
  • Living Area: 15500.0
  • Living Area Source: HidalgoCAD
  • Living Area Units: Square Feet
  • Lot Features: Corner Lot, Curb & Gutters, Sidewalks
  • Lot Size Acres: 0.7312
  • Lot Size Area: 31852.8144
  • Lot Size Dimensions: 119 x 267
  • Lot Size Square Feet: 31852.8144
  • Lot Size Units: Square Feet
Property and Assessments
  • Year Built: 1986
  • Year Built Source: HCAD
  • Escrow: $160,000.00
Utilities
  • Irrigation Water Rights: No
  • Number Of Separate Water Meters: 2
  • Sewer: City Sewer
  • Water Source: Public
Green Features
  • Green Energy Efficient: None
Mobile Home
Mobile Home Information
  • Home Warranty: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: None
  • Fencing: None
  • Pool: No
  • Number Of Buildings: 2
  • Construction Materials: Brick
  • Other Structures: Outbuilding (None)
  • Roof: Composition Shingle
Interior Features
  • Appliances: Electric Water Heater, Refrigerator, Stove/Range
  • Cooling: Central Air
  • Cooling YN: Yes
  • Flooring: Terrazzo, Vinyl
  • Heating: Central
  • Heating: Yes
  • Interior Features: None
  • Laundry Features: None
  • Foundation Details: Slab
Multi Family
Income & Expenses
  • Gross Income: $142,548.00
  • Insurance Expense: $18,863.00
  • Maintenance Expense: $49,877.00
Multi-Family Information
  • Number Of Units In Community: 5
  • Number Of Units Total: 20
  • Other Expense: $.00

Property History for 301-303 South Palm Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 301-303 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 - 6 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
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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301-303 South Palm Drive is a multi-family home for sale in Pharr, TX 78577. This property was listed for sale on July 4, 2024 by Marcus Phipps Real Estate Llc, it's currently listed at $1,600,000. It has been on the market for a total of 171 days and was last sold on May 10, 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. 301-303 South Palm Drive is a 0-bed, 0-bath, 15,500 sqft multi-family home built in 1986.

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 Marcus Phipps Real Estate Llc

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.