901 Sam Houston Blvd Pharr, TX 78577
- Land
- 13.16 lot acres
Current Use by Public Records
- Land
Property Details for 901 Sam Houston Blvd
- Lot size
- 13.16 lot acres
- Property type
- Land
- Property subtype
- Apartment buildings
Description
This exceptional 13.16-acre property located at 901 W Sam Houston Boulevard in Pharr, Texas, presents a compelling investment opportunity in the thriving multifamily sector. Currently featuring six fourplex apartment buildings, all of which are currently rented, this property generates immediate cash flow. The property's zoning allows for residential multifamily development, offering significant potential for expansion and increased revenue. Verification with the Planning and Zoning department is recommended to confirm all development possibilities. Situated on a substantial 13.16-acre lot in Hidalgo County, this asset boasts a prime location with easy access to key transportation routes and amenities within the city of Pharr, TX, zip code 78577. The existing six fourplexes provide a stable foundation for future growth, while the substantial undeveloped land offers considerable potential for additional construction, allowing for significant expansion of the existing rental portfolio. The asking price for this remarkable property is $2,200,000. This represents a rare chance to acquire a well-established multifamily complex with substantial room for expansion in a dynamic Texas market. Serious inquiries are encouraged to explore this lucrative investment opportunity further.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pharr
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.1961
- Latitude
- 26.1894