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$84,999

256 W Handy Dr, Pharr, TX, 78577

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,180 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$72.03 / sqft
Year BuiltBuilt in 2010

About this property

INVESTOR OPPORTUNITY in Pharr, TX! Located at 256 W Handy Drive, this 3-bedroom, 2-bath home offers excellent potential for the right buyer ready to bring it back to life. The property is in need of significant TLC and updates, making it an ideal opportunity for investors, fix-and-flip buyers, or anyone looking for a renovation project with value-add potential. With a functional 3-bedroom layout and plenty of room for improvement, this home provides a great canvas to renovate, reposition, and maximize its potential. Bring your vision and take advantage of this investment opportunity in an established Pharr neighborhood!

Investor Tools

$0Estimated Mortgage Balance
$124,936Estimated 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
$750 /month
Positive
Cash Flow Estimate:
$250 /month

Interested in this property?

Angel Gonzalez

Stellar Equity Real Estate LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$204/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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