3001 ASHLEY PLACE, PHARR, TX 78577
Homes for sale in Pharr.
Homes for sale in 78577.
3001 Ashley Place
Pharr, TX 78577
List Price$1,700,000
Listing #500127
16,080
Square Feet
14
Number of Units
Multi-Unit Residential
Type
About This Property
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
Property Features
Location Information
County
Hidalgo
Directions
From Hall Acres and South Cage, drive south and turn left into Plantation Dr, the entrance drive .2 miles and turn right into Ashley Pl and the property will be on your right
Subdivision
Plantation South
Interior Features
Interior
Ceiling Fan(s), Dryer, Washer
Laundry
Laundry Closet
Heating
Central
Appliances
Electric Water Heater, Water Heater (Other), Water Heater (Other Location), Dryer, Refrigerator, Stove/Range, Washer
Cooling
Central Air
Total Number of Units
14
Floors
Tile
Features
Curbs, Golf, Guarded Entrance, Sidewalks, Street Lights
Exterior Features
Construction
Brick, Stucco
Parking Spaces
0
Exterior
Mature Trees
Fencing
None
Foundation
Slab
Patio / Deck Description
Patio Slab
Roof
Shingle
Lot Description
Curb & Gutters, Mature Trees, Sidewalks
Possession
Closing and Funding
Lot Size in Acres
0.749
Septic or Sewer
City Sewer
Lot Size in Sq. Ft.
32,636
Water
Public
Buildings
Outbuilding (Other)
Security Features
Smoke Detector(s)
Energy Features
Thermostat
Parking Description
No Carport, No Garage
Road Description
Paved
Garage Spaces
0
School
Elementary School District
PSJA ISD
Middle School
Escalante
Elementary School
Pharr
High School
PSJA H.S.
Additional Information
Property Type
RI
HOA Fee
$40
Property SubType
Multi Family
HOA Frequency
Monthly
Year Built
1996
Taxes
36589
APN
525046/799983
Tax Year
2025
Status
Active
Square Feet Source
HidalgoCAD
Units in Complex
2
Similar Listings
Mortgage Calculator
$7,938
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$6,126
Monthly Tax
$1,416
Monthly Insurance
$396
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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