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    301-303 S Palm Dr Pharr, TX 78577

    For Sale
    $1,389,000

    Apartment (10+) - PHARR, TX

    Property size:
    15,500 SF
    Lot size:
    0.73 Acres
    Days on Market:
    148
    Last Refresh:
    Dec 10 at 7:06 pm

    Property Features for 301-303 S Palm Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Garage
    Interior features
    Off Street Parking
    Appliances
    Range, Refrigerator
    Size
    15,500 SF
    Lot size
    0.73 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1986
    Floors in Building
    2
    Number of units
    20
    Flooring type
    Tile, Vinyl
    Building materials
    Brick
    Architectural style
    Other

    Harlingen Homes (956) 423-5300 [email protected]

    Listing agent MYSSIE CARDENAS-BARAJAS (956) 423-5300

    Listing date Jul 16, 2025

    MLS# 29764890 Listing URL

    Copyright © 2025 Rio Grande Valley Multiple Listing Service Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Pharr Multifamily Investment Opportunity

    This multifamily property is located in Pharr, Texas. The property comprises 20 units. Four units offer 875 square feet of living space each, while the remaining 16 units provide 750 square feet each, totaling 15,500 square feet of living area. The lot size is 0.73 acres. Tenants are responsible for paying for electricity.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pharr
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.198028
    Latitude
    26.194223

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    FAQs

    What type of property is this?
    Apartment building - Multifamily property in Pharr, TX with 20 units.
    Where is this apartment building located?
    The property is located at 301-303 S Palm Dr Pharr, TX.
    What is the asking price?
    The asking price for this property is $1,389,000.
    What are key features of this property?
    This property features: - 20 total units; - Enjoy central air; - Benefit from off street parking
    (956) 423-5300
    Request Owner's contact information
    301-303 S Palm Dr Pharr, TX 78577
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    301-303 S Palm Dr Pharr, TX 78577
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