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Income-Producing Apartment Building

2900 S Cage Boulevard Pharr, Pharr, TX 78577

For Sale
$1,280,000

Apartment building featuring five income-producing units totaling approximately 7,300 square feet.

Property Size1,070 SF
Lot Size1.77 Acres
Price / SF$1,196
Days on Market127

Property Features for 2900 S Cage Boulevard Pharr

General Information

Standard status Active
Size 1,070 SF
Total Parking Spaces 30
Lot size 1.77 Acres

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $22,876

Amenities

Tile
true
7300
HidalgoCAD
Medical Complex,Office Complex,See Remarks,Strip Mall
1.77
30
Blacktop,Handicap,Other,Paved,On Street
Paved Road
City Street,Other,Private Road,State Road
1070
false

Building Details

Building Size 1,070 SF
Year Built 2008
Stories 1
Tenancy Multi
Listed By: Reynaldo Montez
Source: Goldenvalley-realestate
Added: Jul 10 Changed: Oct 31 Last Checked: Oct 7 at 9:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Reynaldo Montez

Rey
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Investment Insights

Based on property information with market context.

This income-producing apartment building consists of five units and totals approximately 7,300 square feet. The property is supported by available land behind the commercial plaza, offering additional space for further multifamily development.

The offering is located at 2900 S Cage Boulevard, Pharr, TX 78577. The listing describes the overall site as 1.77 acres, with the apartment units and the additional land behind the plaza included in the opportunity.

Overall, the building provides an established multifamily configuration with room on-site for potential expansion, based on the land area noted in the remarks.

Key Highlights

  • Five‑unit apartment building with approximately 7,300 sq ft total living area
  • 1.77‑acre lot with building area totaling 1,070 sq ft
  • Built in 2008

Property Analytics

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Lease Details

Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

152
Businesses Nearby

Demographics for 78577, TX

79,937
Population
26,568
Households
3
Avg Household Size
30
Median Age
18%
College-Educated
70%
High-School Grad
26.0 sq mi
ZIP Area
3,075
Density / Sq Mi
$49,768
Median Household Income
$28,186
Median Earnings
$988
Median Rent
$111,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in Hidalgo County, TX

$124 Jul
$117 Aug
$127 Sep
$121 Oct

Properties on Market for Apartment buildings in Hidalgo County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Apartment building featuring five income-producing units totaling approximately 7,300 square feet.
Where is this apartment building located?
The property is located at 2900 S Cage Boulevard Pharr Pharr, TX.
What is the asking price?
The asking price for this property is $1,280,000.
What are key features of this property?
This property features: Five‑unit apartment building with approximately 7,300 sq ft total living area; 1.77‑acre lot with building area totaling 1,070 sq ft; Built in 2008
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