








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Pharr at 812 W Falcon Ave, Pharr, TX, 78577 uses $96,135 cash to close to unlock $985/yr annual cash flow and $82/mo monthly cash flow. Total monthly income runs $2,344/mo, and a $1,419/mo payment keeps the spread at $82/mo. Purchase price stands at $290,000, and rental yield measures 9.7% with $2,344/mo rent. Return on cash invested shows 20.93% in year one, and 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 110.5% and total cumulative return in cash records $106,228. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,344/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 2001
6,024 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78577, Pharr, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,728 (100%) |
| Owner Occupied HU | 15,997 (53.8%) |
| Renter Occupied HU | 9,877 (33.2%) |
| Vacant Housing Units | 3,854 (13.0%) |
| Median Home Value | $138,178 |
| Average Home Value | $174,875 |
Residential
27,906
Single Family
23,156
Multi-Family
4,750
Businesses
2,398
Date | Event | Price |
|---|---|---|
| 2025-05-30 | Listed for sale | $290,000 |
| 2022-10-27 | Sold | N/A |
| 2022-08-13 | Pending sale | $264,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-30 | $7214.88 | -0.84% | $269,001 | -0.91% |
| 2023-05-30 | $7276.21 | 58.64% | $271,480 | 50.49% |
| 2022-05-30 | $4586.56 | 4.71% | $180,400 | 10.00% |



Listed by: Elizabeth Gomez • Re/Max Elite
Mls Name: Greater McAllen AOR
Mls ID: #472111
Disclaimer: Listing information is deemed reliable, but not guaranteed.