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Contact Information
For more information about this listing, please use the contact information listed below.
Betty Gaston Realtor® Broker/Owner
Gaston Properties
Edinburg
TX
78539
(956) 381-0941
Office
(956) 607-3214
Cell
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Listing Details
List Price:
$1,700,000
MLS Number:
500127
Property Type:
Residential Income
Property Sub Type:
Multi Family
Accessibility Features:
Appliances:
Electric Water Heater, Water Heater (Other), Water Heater (Other Location), Dryer, Refrigerator, Stove/Range, Washer
Application Fee:
Association Fee:
$40
Association Fee Frequency:
Monthly
Association YN:
Yes
Attached Garage YN:
Availability:
Base Rent Amount:
Basement:
Building Area Total:
16080
Building Area Units:
Square Feet
Carport Spaces:
0
Carport YN:
No
City:
Pharr
Community Features:
Curbs, Golf, Guarded Entrance, Sidewalks, Street Lights
Construction Materials:
Brick, Stucco
Cooling:
Central Air
Cooling YN:
Yes
Country:
US
County:
Hidalgo
Covered Spaces:
0
Designated Broker MUI:
1267943
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
Elementary School:
Pharr
Elementary School District:
PSJA ISD
Exterior Features:
Mature Trees
Fencing:
None
Fireplace YN:
Flooring:
Tile
Foundation Details:
Slab
Furnished:
Garage Spaces:
0
Garage YN:
No
Green Energy Efficient:
Thermostat
Heating:
Central
Heating YN:
Yes
High School:
PSJA H.S.
High School District:
PSJA ISD
Interior Features:
Ceiling Fan(s), Dryer, Washer
Laundry Features:
Laundry Closet
Lease Term:
Leased Rent Share:
Living Area Source:
HidalgoCAD
Living Area SqFt:
16080
Living Area Units:
Square Feet
Lot Features:
Curb & Gutters, Mature Trees, Sidewalks
Lot Size Acres:
0.7492
Lot Size SqFt :
32636.0232
Maintenance Expense:
$660
Middle School:
Escalante
Middle School District:
PSJA ISD
New Construction YN:
Number Of Buildings:
14
Number Of Units In Community:
2
Number Of Units Total:
14
Open Parking YN:
Other Bldg SqFt:
Other Equipment:
Other Expense:
$0
Other Structures:
Outbuilding (Other)
Own Lot YN:
Parking Features:
No Carport, No Garage
Parking Total:
0
Patio And Porch Features:
Patio Slab
Pet Deposit:
Pets Allowed:
Pool Features:
Pool Private YN:
Pool YN:
No
Postal Code:
78577
Property Attached YN:
Public Remarks:
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
Road Frontage Type:
Road Surface Type:
Paved
Roof:
Shingle
Room Office Area:
Rooms Total:
Security Features:
Smoke Detector(s)
Security Deposit:
Sewer:
City Sewer
Showing CSS YN:
Spa Features:
Spa YN:
Standard Status:
Active
State:
TX
Status:
Active
Street Dir Prefix:
Street Dir Suffix:
Street Name:
Ashley
Street Number:
3001
Street Suffix:
Place
Subdivision:
Plantation South
Tax Annual Amount:
$36,589
Tax Year:
2025
Utilities:
Water Source:
Public
Window Features:
Year Built:
1996
Listing Office Office Name: Re/Max Elite
Listing Office Phone: 956-583-2100
Listing information provided by Greater McAllen Association of REALTORS MLS. Information is deemed to be reliable but is not guaranteed.