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$1,500,000

1206 W Sam Houston Street, Pharr, TX, 78577

PendingInfo
CommercialInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size3.32 acres

Land Information

APNP6300-00-000-0015-00
Lot Number15,17
SubdivisionPharr Citrus Orchard Co. - Spa
Land UseVacant Land
Legal DescriptionPHARR CITRUS ORCHARD CO. E222.87' LOTS 15 & 17
Census Tract021401
Assessed Land Value$722,660
Assessment Year2023

About this property

Prime commercial opportunity featuring two subdivided lots ready for development in a highly sought-after location. Surrounded by major national retailers including Lowe’s, Costco, At Home, and Best Buy, this property offers exceptional exposure in a thriving commercial corridor. Zoned commercial, allowable uses include professional office buildings, medical offices, retail buildings, shopping centers, hotels/motels, convenience stores, automotive repair facilities, and more. Ideally positioned along the north side of Sam Houston Boulevard, the site benefits from strong traffic counts with approximately 16,000+ vehicles per day on Sam Houston Blvd and just west on South Jackson Road seeing 32,000+ vehicles per day. With close proximity to US Expressway 83, this location provides outstanding visibility, accessibility, and development potential.

Investor Tools

$1,926,412Estimated Mortgage Balance
$722,660Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,000 /month
Positive
Cash Flow Estimate:
$3,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,990/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$20,270
$722,660
2023
$722,660
N/A
$722,660
No

Tax History

Year
Tax Paid
Assessed Value
2022
$20,270
$722,660

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United States Small Business Admin
Sba Participation Trust Deed
$2,000,000
No
First
Apr 7, 2022
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,926,412
N/A
0%
267%
$11,992/mo

City: Pharr

1206 W Sam Houston Street | Property Details | No Agent List