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    8005 Cisne St Pharr, TX 78577

    For Sale
    $760,000

    Multi Family - Pharr, TX

    Type:Multi Family
    Property size:
    7,998 SF
    Lot size:
    0.64 Acres
    Days on Market:
    252
    Last Refresh:
    Dec 10 at 8:06 am

    Property Features for 8005 Cisne St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Multi Family
    Standard status
    Active
    APN
    L330000000000613
    Parking
    18
    Parking features
    Carport, Garage
    Size
    7,998 SF
    Lot size
    0.64 Acres

    Utilities

    Heating system
    Central, Electric (Heating)

    Building Details

    Year built
    1999
    Number of units
    9
    Architectural style
    Other

    Glass House Realty, LLC (956) 331-9329 [email protected]

    Listing agent Antonio Gabriel Villeda (956) 331-9329

    Listing date Apr 3, 2025

    MLS# 410289 Listing URL

    Copyright © 2025 Greater McAllen Association of Realtors. 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 is a fully leased, 9-unit apartment complex located in Pharr, Texas. The complex features a mix of units, with the majority being 3-bedroom, 2-bathroom layouts. The property is described as turnkey. The gross operating income (GOI) is almost $81,000. All leases are for 12-month terms. The roof was replaced in 2016. The HVAC and water heater units are less than 7 years old for most units. The property includes ample parking and is situated in a desirable location. The property is located on a 0.64-acre lot and has a living area of 7,998 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Pharr
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.197916
    Latitude
    26.117487

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    FAQs

    What type of property is this?
    Apartment building - Fully leased 9-unit apartment complex in Pharr, Texas.
    Where is this apartment building located?
    The property is located at 8005 Cisne St Pharr, TX.
    What is the asking price?
    The asking price for this property is $760,000.
    What are key features of this property?
    This property features: - Fully leased 9-unit apartment complex, providing immediate rental income.; - Gross Operating Income (GOI) of almost $81,000, indicating strong current performance.; - Majority of units are desirable 3 bed / 2 bath configurations.
    (956) 331-9329
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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
    8005 Cisne St Pharr, TX 78577
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