$509,900
1625 W Marlin St, Pharr, TX, 78577
Pending
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesOven, Range, Cooktop, Dryer, Microwave, Washer, Electric Water Heater, Refrigerator
FlooringTile
Exterior
Lot Size11,439 sqft
Building Information
Year Built2021
Stories1
Roof Type105
Land Information
APNH0654-00-000-0003-00
Lot Number3
Subdivision1500 Hall Acres - Spa
Land UseResidential
Legal Description1500 HALL ACRES LOT 3
Census Tract021408
Assessed Land Value$114,400
Assessed Improvement Value$404,050
Assessment Year2025
About this property
Excellent investment opportunity! This income-producing fourplex features four well-appointed units, each equipped with full appliances for tenant convenience. Interiors offer porcelain tile flooring, granite countertops, stainless steel appliances, and in-unit washer and dryer connections/appliances. The property also includes a double carport, gated entrance, and spacious patio area, adding both functionality and tenant appeal. Fully occupied and ideally located in a growing area, this property is a prime addition to any investment portfolio.
Investor Tools
$290,352Estimated Mortgage Balance
$230,253Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,111 /month
Positive
Cash Flow Estimate:
$1,037 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,209/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,911
$518,450
2025
$114,400
$404,050
$518,450
No
Tax History
Year
Tax Paid
Assessed Value
2024
$11,911
$518,450
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Academy Mortgage Corp
Conventional
$315,000
No
First
Mar 2, 2022
Mar 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$290,352
$333,648
53%
56%
$1,889/mo
