8005 Cisne Street

Pharr, TX 78577

$760,000
Price
Beds
7,998 Sq. Ft.
$95 / Sq. Ft.
7,998
Sq. Ft.
$95
per Sq. Ft.

Description

This is an amazing opportunity to step into a fully leased, 9 unit apartment complex in Pharr, TX! With a mixture of 9 units, the majority being 3 bed / 2 bath, this complex is as turn key as it gets! With an NOI of almost $50,000, this is a property that is not only strong and vibrant now, but also has a strong upside were the new owner to decide to take action. All leases are on 12 months, and the roof was recently replaced in 2016. The HVAC and water heater units are less than 7 years old for...This is an amazing opportunity to step into a fully leased, 9 unit apartment complex in Pharr, TX! With a mixture of 9 units, the majority being 3 bed / 2 bath, this complex is as turn key as it gets! With an NOI of almost $50,000, this is a property that is not only strong and vibrant now, but also has a strong upside were the new owner to decide to take action. All leases are on 12 months, and the roof was recently replaced in 2016. The HVAC and water heater units are less than 7 years old for most units. Lots of parking and a very desirable location round out this great investment! Call today before its too late!
  1. Listed by Antonio Gabriel Villeda • TREC #801067833 • Glass Realty

Property Details for 8005 Cisne Street

Community Features
Street Lights
Subdivision Name
Las Milpas
LISTING UPDATED: 08/19/2024 07:18 AM

Property Details for 8005 Cisne Street

StatusActive
MLS #410289
Days on Market493
Taxes$15,647 / year
HOA Fees-
Condo/Co-op Fees$2,400 / year
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1999
Lot Size0.64 AC / 27,878 SF
CountyHidalgo County

Building Information for 8005 Cisne Street

Stories-Residences9Year Built1999Building Size-Lot Size0.64 AC / 27,878 SF

Property Information for 8005 Cisne Street

Summary
Location and General Information
  • Directions: From W LAS MILPAS RD and S CAGE BLVD head WEST on W LAS MILPAS RD; turn NORTH on CISNE ST; property will be on the EAST side.
  • Road Surface Type: Paved
Parking
  • Carport Spaces: 18.0
  • Carport YN: Yes
  • Covered Spaces: 18.0
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: No Carport, No Garage
  • Parking Total: 18.0
School Information
  • Elementary School: Anaya
  • Elementary School District: PSJA ISD
  • High School: PSJA H.S.
  • High School District: PSJA ISD
  • Middle Or Junior School: Escalante
  • Middle Or Junior School District: PSJA ISD
Taxes and HOA
  • Association: No
  • Parcel Number: L330000000000613
  • Tax Annual Amount: $15,647
  • Tax Legal Description: LAS MILPAS E205'-W280' LOT 6 .47AC
  • Tax Year: 2023
Property
Lot Information
  • Building Area Source: HidalgoCAD
  • Building Area Total: 7998.0
  • Building Area Units: Square Feet
  • Living Area: 7998.0
  • Living Area Source: HidalgoCAD
  • Living Area Units: Square Feet
  • Lot Features: Irregular Lot, Mature Trees
  • Lot Size Acres: 0.64
  • Lot Size Area: 27878.4
  • Lot Size Square Feet: 27878.4
  • Lot Size Units: Square Feet
Property and Assessments
  • New Construction: No
  • Year Built: 1999
  • Year Built Source: HCAD
  • Escrow: $8,000.00
Utilities
  • Irrigation Water Rights: No
  • Number Of Separate Water Meters: 1
  • Sewer: City Sewer
  • Utilities: Internet Access, 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
  • Exterior Features: Mature Trees
  • Fencing: None
  • Pool: No
  • Number Of Buildings: 4
  • Construction Materials: Brick
  • Other Structures: Outbuilding (None)
  • Roof: Composition Shingle
  • Security Features: Smoke Detector(s)
Interior Features
  • Appliances: Electric Water Heater, Other
  • Cooling: Central Air, Electric
  • Cooling YN: Yes
  • Flooring: Other
  • Heating: Central, Electric
  • Heating: Yes
  • Interior Features: Built-in Features, Ceiling Fan(s), Crown/Cove Molding
  • Laundry Features: Laundry Area, Laundry Closet, Washer/Dryer Connection
  • Foundation Details: Slab
Multi Family
Income & Expenses
  • Gross Income: $75,360.00
  • Insurance Expense: $3,729.00
  • Maintenance Expense: $2,400.00
Multi-Family Information
  • Number Of Units In Community: 9
  • Number Of Units Total: 9
  • Other Expense: $4,900.00

Property History for 8005 Cisne Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 8005 Cisne Street

Taxable ValueLand$73,703Additions$301,297Total$375,000
Tax Record2022$10,749 ($896 / month)
Home Facts
Total Finished SqFt476 SqFtAbove Grade Finished SqFt476 SqFtStories1Lot Size20,473 SqFtStyleMulti-Family Res (5+ Units)Year Built2000CountyHIDALGOAPNL3300-00-000-0006-13

Schools near 8005 Cisne Street

This home is within Valley View Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 7
Public - 9 to 12
Public - 8 to 9
Rating
School
Distance
Valley View North Elementary School
PublicPK to 5

Valley View J H
Public6 to 7

Valley View High School
Public9 to 12

Valley View Early College Campus
Public8 to 9

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.

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8005 Cisne Street is a multi-family home for sale in Pharr, TX 78577. This property was listed for sale on July 18, 2023 by Glass Realty, it's currently listed at $760,000. This listing's school district is Valley View Independent School District. Nearby schools include Valley View North Elementary School, Valley View J H and Valley View High School. 8005 Cisne Street is a 0-bed, 0-bath, 7,998 sqft multi-family home built in 1999.

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 Glass Realty

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.