1407 Fig Ave Pharr, TX 78577
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 1407 Fig Ave
- Year built
- 2006
- Property type
- Small apartment buildings
Description
This exceptional four-unit apartment building, constructed in 2006, presents a compelling investment opportunity in the thriving city of Pharr, Texas. Located at 1407 W Fig Avenue, 78577, this property offers a blend of solid construction and strong rental potential. The single building comprises four individual units, providing a diversified income stream. The asking price is $479,000. Situated in Hidalgo County, this property benefits from its convenient location within Pharr, offering easy access to local amenities, transportation routes, and a growing population. The year of construction (2006) suggests a relatively newer building, potentially minimizing immediate maintenance needs. This multifamily property is ideal for investors seeking a stable and profitable addition to their portfolio or for those looking to enter the real estate market with a turnkey investment. The property's four units provide a solid foundation for generating consistent rental income, making it an attractive option for both seasoned investors and newcomers alike. Further due diligence is recommended to fully assess the property's financial performance and potential. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable location.
Value Estimation
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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
- -98.1915073
- Latitude
- 26.2400324
