$165,000
114 W Clark Ave, PHARR, TX, 78577
On Market
Highlights
Interior
Exterior
Lot Size7,000 sqft
Building Information
Year Built1968
Stories2
Roof Type105
Land Information
APNP6400-00-020-0023-05
Lot Number23,24
SubdivisionPharr Original Townsite - Spa
Land UseResidential
Legal DescriptionPHARR ORIGINAL TOWNSITE N 1/2/ LOTS 24 & 25 & ALL LOT 23 COMM BLK 20
Census Tract021500
Assessed Land Value$62,160
Assessed Improvement Value$74,378
Assessment Year2025
About this property
Investment opportunity! Three tracts of land combined in this sale located in the heart of Pharr's Original townsite along Clark and Cage: addresses include 114 W Clark, 116 W Clark and 120 W Clark. Excellent location for commercial retail, medical office, auto shop, storage units or multifamily development. Property measures approximately 100 x 130 and sold for land value of all three tracts only. Current structures in place require a tear down.
Investor Tools
$0Estimated Mortgage Balance
$690,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,140 /month
Positive
Cash Flow Estimate:
$1,380 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$595/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,696
$136,538
2025
$62,160
$74,378
$136,538
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,696
$136,538
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$690,000
100%
0%
$0/mo
