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$223,000

1208 E Buchanan Dr N, Pharr, TX, 78577

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,589 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$140.34 / sqft
Year BuiltBuilt in 2003

About this property

Welcome to your next home in Pharr, TX! This charming 3 bedroom, 2 bathroom property is ideally situated in an extremely desirable location, offering convenient access to shopping, dining, schools, major roadways, and everything the Rio Grande Valley has to offer. Featuring a functional layout with comfortable living spaces and generously sized bedrooms, this home is an excellent opportunity for first-time buyers, families, or investors looking for a property in a highly sought after area. Whether you're looking to make it your own or add your personal touches, this home offers plenty of potential.

Investor Tools

$0Estimated Mortgage Balance
$238,125Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,429 /month
Positive
Cash Flow Estimate:
$476 /month

Interested in this property?

Pedro Bazan

Imperio Real Estate LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$389/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Pharr

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1208 E Buchanan Dr N | Property Details | No Agent List