You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
OFF-MARKET
Commercial real estate

704 Melanie Dr Pharr, TX 78577

1.54 ac lot
Individually Owned 1-yr Hold
Property ID
US82-0268310
Property summary
AI-generated overview

This exceptional 1.535-acre residential lot presents a unique opportunity to build your dream home or investment property in a desirable South Pharr location. Situated within a luxurious gated subdivision, residents enjoy access to a wealth of amenities, including a refreshing swimming pool, well-maintained tennis courts, and inviting clubhouses. The property's prime location offers unparalleled convenience, with proximity to the Pharr-Reynosa International Bridge facilitating easy cross-border access. Furthermore, the area boasts an abundance of shopping centers, grocery stores, and diverse dining options, ensuring residents have everything they need within easy reach. Families will appreciate the nearby Southy West High School, providing a convenient and high-quality educational option. The seller is offering owner financing, making this exceptional property even more accessible. Don't miss this chance to build your dream home in this thriving community. This lot is ready for your vision, offering the perfect blend of tranquility and convenience. The 1.535 acres provide ample space for a custom-designed home and landscaping, creating a private oasis within a vibrant community.

Property profile
Verified
Property type Commercial real estate
Lot 1.54 ac (66,865 SF)
UPID US82-0268310
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Armando Perez JR · 1 yrs held
Armando Perez JR
since 2025
2 recorded transactions
2025
Price N/A
2016
$35,500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 704 Melanie Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message