INVESTMENT OPPORTUNITY – 100% OCCUPIED 8-UNIT PROPERTY! Offered at $899,900, this income-producing multifamily property in Pharr is fully occupied, generating $7,900 in gross monthly rental income and $94,800 annually. The property offers approximately 5,952 sq. ft., individual electric and water meters, covered parking, and appliances included. Newer construction with an established rental income stream makes this an attractive addition to an investment portfolio. Conveniently located with easy access to major roads, shopping, dining, and surrounding RGV communities. Schedule your showing today!
For sale
Price cut: $20.1K (9/22)
$899,900
1207 W Kennedy St, Pharr, TX 78577
--beds
--baths
5,952sqft
Multi Family
Built in 2023
-- sqft lot
$-- Zestimate®
$151/sqft
$-- HOA
What's special
- 28 days
- 56
- 3
Zillow last checked:
Listing updated:
Listed by:
Monica Benavides Team 956-357-4632,
THE MBTEAM,
Joyce Garza 956-574-4128,
THE MBTEAM
Source: RGVMLS,MLS#: 29779725
Facts & features
Interior
Heating
- Central
Cooling
- Attic Fan
Appliances
- Included: Dryer, Refrigerator, Electric Water Heater
Features
- Walk-In Closet(s)
- Windows: Double Pane Windows
Interior area
- Total structure area: 5,952
- Total interior livable area: 5,952 sqft
Property
Parking
- Parking features: Garage, Carport
- Has garage: Yes
- Has carport: Yes
Features
- Levels: Two
- Exterior features: None
Lot
- Size: 0.33 Acres
- Features: None
Details
- Additional structures: None
- Parcel number: B203500000003000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
- Foundation: Slab
Condition
- Year built: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Beamsley
Location
- Region: Pharr
Financial & listing details
- Price per square foot: $151/sqft
- Tax assessed value: $667,218
- Annual tax amount: $17,862
- Date on market: 9/22/2026
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/22/2026 | Price change | $899,900-2.2%$151/sqft |
Source:  RGVMLS #29779725 Report a problem | ||
| 7/16/2026 | Price change | $920,000-5.7%$155/sqft |
Source: RGVMLS #29777368 Report a problem | ||
| 6/23/2026 | Price change | $976,000-1.4%$164/sqft |
Source: RGVMLS #29777368 Report a problem | ||
| 6/11/2026 | Listed for sale | $989,900+32%$166/sqft |
Source: RGVMLS #29777113 Report a problem | ||
| 7/11/2025 | Sold | -- |
Source: Greater McAllen AOR #471246 Report a problem | ||
| 6/2/2025 | Pending sale | $750,000$126/sqft |
Source: Greater McAllen AOR #471246 Report a problem | ||
| 5/14/2025 | Listed for sale | $750,000+368.8%$126/sqft |
Source: Greater McAllen AOR #471246 Report a problem | ||
| 9/14/2022 | Sold | -- |
Source: Greater McAllen AOR #385989 Report a problem | ||
| 8/31/2022 | Pending sale | $160,000$27/sqft |
Source: Greater McAllen AOR #385989 Report a problem | ||
| 7/21/2022 | Listed for sale | $160,000+23.1%$27/sqft |
Source: Greater McAllen AOR #385989 Report a problem | ||
| 4/17/2019 | Listing removed | $130,000$22/sqft |
Source: STX Real Estate Group #210868 Report a problem | ||
| 4/12/2019 | Sold | -- |
Source: Greater McAllen AOR #210868 Report a problem | ||
| 8/10/2018 | Listed for sale | $130,000$22/sqft |
Source: STX Real Estate Group #210868 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,862 +354.2% | $667,218 +355% |
| 2024 | $3,933 +81.3% | $146,639 +81.1% |
| 2023 | $2,170 -21.3% | $80,959 -17.6% |
| 2022 | $2,757 -1.8% | $98,308 |
| 2021 | $2,808 | $98,308 |
| 2020 | -- | $98,308 +106.1% |
| 2019 | $1,380 +90.5% | $47,708 |
| 2018 | $724 | $47,708 +94.1% |
| 2017 | $724 -0.8% | $24,577 |
| 2016 | $731 +0.5% | $24,577 |
| 2015 | $727 | $24,577 |
| 2014 | $727 | $24,577 |
| 2013 | -- | $24,577 |
| 2012 | -- | $24,577 |
| 2011 | -- | $24,577 |
| 2010 | -- | $24,577 |
| 2009 | -- | $24,577 |
| 2008 | -- | $24,577 +45.3% |
| 2007 | -- | $16,920 |
| 2006 | -- | $16,920 |
| 2005 | -- | $16,920 |
| 2004 | -- | $16,920 |
| 2003 | -- | $16,920 +17% |
| 2002 | -- | $14,457 |
| 2001 | -- | $14,457 |
| 2000 | -- | $14,457 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 78577
Nearby schools
Schools provided by the listing agent
- Elementary: Napper
- Middle: Lbj
- High: Psja H.S.
- District: Psja I.S.D.
Source: RGVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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