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3001 Ashley Pl, Pharr, TX, 78577

4beds
4baths
16,080sqft
$1,700,000
$106price/sqft
$14,192/moest. monthly cost
$567,680/yrincome needed

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

Getting Around

23
WalkingCar-Dependent
0
TransitVery Limited Transit
32
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1996

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Brick,Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Electric Water Heater,Water Heater (Other),Water Heater (Other Location),Dryer,Refrigerator,Stove/Range,Washer
  • Laundry features: Laundry Closet

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4

Features

  • Ceiling Fan(s)
  • Flooring: Tile

Heating & Cooling

  • Heating features: Has Heating (Unspecified Type)
  • Cooling features: Central Air

Interior Area

  • Total structure area: 16,080
  • Total interior livable area: 16,080 sqft

Property

Details

  • Parcel number: 525046/799983

Features

  • Patio & porch: Patio Slab
  • Exterior features: Mature Trees
  • Fencing: None

Lot

  • Lot size: 0.75 Acres
  • Features: Curb & Gutters,Mature Trees,Sidewalks

Parking

  • Parking features: No Carport,No Garage