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3001 Ashley Place, Pharr, TX 78577

Pharr
Local realty services provided by:CENTURY 21 Johnston Company
3001 Ashley Place,Pharr, TX 78577
$1,700,000
  • - Beds
  • - Baths
  • 16,080 sq. ft.
  • Multi-family
  • Active
Listed by: yanett rodriguez
Office: re/max elite
MLS#:500127
Source:TX_GMAR

Price summary

  • Price:$1,700,000
  • Price per sq. ft.:$105.72
  • Monthly HOA dues:$40

About this home

Discover an exceptional income-producing property featuring 14 well-maintained units, each offering 2 bedrooms and 2 full bathrooms—a highly desirable layout for long-term tenant stability. This asset is currently generating consistent cash flow with average rents of $985, while select units are already achieving up to $1,075, presenting a clear opportunity for immediate rental upside and increased returns. Strategically located in a high-demand area, the property benefits from strong occupancy with only one vacancy, making it a turnkey investment for both seasoned and first-time investors. Investment Highlights: 14 spacious units | 2 Bed / 2 Bath each, Strong rental demand with low vacancy,Proven rental history with upside potential Ideal unit mix for tenant retention. Excellent location with continued growth Seller and listing agent are highly motivated—creating a rare opportunity to secure a stabilized asset with built-in equity and income growth potential

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Home facts

  • Year built:1996
  • Listing ID #:500127
  • Added:1 day(s) ago
  • Updated:March 27, 2026 at 06:08 PM

Rooms and interior

  • Flooring:Tile
  • Kitchen Description:Electric Water Heater, Refrigerator, Stove/Range
  • Living area:16,080 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1996
  • Building area:16,080 sq. ft.
  • Lot area:0.75 Acres
  • Lot Features:Curb & Gutters, Mature Trees, Sidewalks
  • Construction Materials:Brick, Stucco
  • Exterior Features:Curb & Gutters, Mature Trees, Patio Slab, Sidewalks
  • Foundation Description:Slab

Schools

  • High school:PSJA H.S.
  • Middle school:Escalante
  • Elementary school:Pharr

Utilities

  • Water:Electric Water Heater, Public Water, Water Heater (Other Location)
  • Sewer:City Sewer

Finances and disclosures

  • Price:$1,700,000
  • Price per sq. ft.:$105.72
  • Tax amount:$36,589

Features and amenities

  • Appliances:Refrigerator, Stove/Range, Washer
  • Laundry features:Dryer, Laundry Closet, Washer
  • Amenities:Curbs, Dryer, Golf, Guarded Entrance, Mature Trees, Sidewalks, Street Lights

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