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About This Home

This 0-bedroom, 0-bathroom residential multi family at 3001 Ashley Place in Pharr, TX is listed for $1,700,000 ($106 per sqft). Built in 1996, the home offers 16,080 sqft of living space on a 0.75 acres lot.

Agent 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

Key Features

  • Built in 1996
  • 0.75 acre lot

Property Details

1 story
1996

Amenities

A/C

Monthly Cost Estimate

$9,132/mo

20% down · 6.5% · 30 years

Principal$1,229
Interest$7,367
Insurance$496
HOA$40

Estimates only. Actual payments may vary.

Location

3001 Ashley Place

Pharr, TX 78577

Plantation South

Features & Amenities

Exterior Features

Mature Trees

Property Details

Construction

Brick Stucco

Pool Features

Patio

Parking

GarageCarport

Heating

Central

Cooling

Central Air

Appliances

Electric Water HeaterWater Heater (Other)Water Heater (Other Location)DryerRefrigeratorStove/RangeWasher

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 3001 Ashley Place is listed at $1,700,000 ($106/sqft). The estimated monthly payment is $7,407 based on 20% down at 6.5% interest.

HOA fees are $40/month.

Key features include: Built in 1996, 0.75 acre lot. Exterior Features: Mature Trees.

This property is listed by Yanett Rodriguez and can be reached at 9565228213 or yanett1@icloud.com.

YR

Yanett Rodriguez

Agent at RE/MAX elite

(956) 522-8213

Listed by RE/MAX elite · View on Broker Site

MLS# 500127· Source: listhub· Updated today

Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3001 Ashley Place, Pharr, TX 78577

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