$1,700,000

3001 Ashley Place, Pharr, TX 78577

  • 16,080 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1996
  • Property Lot Size Icon0.75acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $106/sqft
  • Property List Date Icon Listed 5 days ago

Property Description

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

Listing Status:
Active
Data Last Updated:
April 2, 2026 at 1:09PM
Listing Office:
RE/MAX elite : 956-583-2100
Listing Agent:
Yanett Rodriguez : 956-522-8213
MLS ID:
500127
  • General: Ceiling Fan(s)DryerWasher
  • Appliances: Electric Water HeaterWater Heater (Other)Water Heater (Other Location)DryerRefrigeratorStove/RangeWasher
  • Laundry: Laundry Closet
  • Flooring: Tile
  • A/C: Central Air
  • Heating: Central
  • Eco/Green Feature: Thermostat
  • General: Mature TreesOutbuilding (Other)
  • Other Structures: Patio Slab
  • Parking: No CarportNo GarageParking spaces: 0
  • Roofing: Shingle
  • General: BrickStucco1Slab
  • Road/Access: Paved
  • HOA Amenities: 40.0Monthly
  • Originating MLS: Greater McAllen
  • School District: PSJA ISD
  • County: Hidalgo
  • Zoning: 525046/799983
  • Fencing: None
  • Water: Public
  • Sewer: City Sewer
  • Source: Greater McAllen

This listing courtesy of Yanett Rodriguez , RE/MAX elite

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

K

Kelly-Pharr Elementary School

500 E Sam Houston Blvd, Pharr, TX, 78577

Grades PK-5

1.88 miles away

J

Jaime Escalante Middle School

6123 S Cage Blvd, Pharr, TX, 78577

Grades 6-8

1.73 miles away

P

PSJA Southwest Early College High School

300 E Javelina Dr, Pharr, TX, 78577

Grades 9-12

0.18 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.