Pharr, Texas Information
Pharr was a very small city for much of its existence, but started growing quite rapidly at the dawn of the 21st century. The city’s youth means that most of its housing stock is relatively new, with over 50 percent of homes less than 40 years old. The home ownership rate in the city is 61 percent. Most residents live in single-family homes, with only 20 percent of residents living in multi-unit buildings. The median monthly housing cost for renters is $346.
Pharr, Texas Details
The town was founded in 1910 by Henry N. Pharr and John Connally Kelley on land that had previously been owned by the Louisiana-Rio Grande Canal Company. The city was first envisioned as a home for plantation workers, but Kelley’s plans for sugarcane plantations in the area failed soon after the town’s founding. Pharr was a very small city for much of its existence, but started growing quite rapidly at the dawn of the 21st century. The city’s youth means that most of its housing stock is relatively new, with over 50 percent of homes less than 40 years old. The home ownership rate in the city is 61 percent. Most residents live in single-family homes, with only 20 percent of residents living in multi-unit buildings. The median monthly housing cost for renters is $346.
As one would expect because of its proximity to the balmy Gulf of Mexico, the city has a humid sub-tropical climate. Temperatures in the winter are quite mild, with average highs in January in the 60’s. The area is quite hot in the summer, with highs over 100 from June to September.
Unemployment in the city is slightly higher than the national average at 6.9 percent, but this will probably improve, as jobs have increased 1.5 percent over the last 12 months and are forecast to increase 36 percent in the next decade. The average home price is increasing at a rate of .5 percent a year. The population has grown over 45 percent since the year 2000, and population growth is expected to continue.
This South Texas town scores well by many metrics of livability. The McAllen-Edinburg-Mission metro area is one of the most secure large metro areas to live in, and the cost of living is 25 percent less than the national average. The median home price in Pharr is $70,100, and the average worker commute is 19 minutes.
Pharr Property Management
Our property management team specializes in residential areas throughout Pharr, TX. We offer multiple services to take your rental property and convert it into reliable income. We have a thorough screening process that helps to identify the right tenants for your property. Our team works hard to keep both parties happy through effective communication, bullet proof lease agreements, and timely monthly rent collection. We offer maintenance services to enhance the property and ensure that it will retain or increase in value. We oversee everything, allowing you to sit back and relax and know that your property and your tenants are in good hands.
Contact us today if you are ready to receive a comprehensive analysis of your rental property and to inquire about our Pharr area property management services.
I have been so impressed with not only the quality of service, but the punctual service and communication skills that I have seen through Keyrenter. I would absolutely recommend using Keyrenter.
Kimber C., Satisfied Client
Keyrenter is very organized. I have had several problems with my condo, and Keyrenter has been on top of everything. I can’t say enough good things about the company.
Steve S., Satisfied Client
I'm absolutely delighted with how easy Keyrenter made everything for me. From start to getting a renter into my house, it's all been convenient and simple. Great company, great service, great people!
Lorrie M., Satisfied Client
I've been a tenant with Keyrenter for the past 5 years. They have always been prompt in dealing with issues I've raised up and in responding to my requests for repairs and maintenance.
Tadd D., Satisfied Tenant
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Advanced Tenant Selection
One of the reasons property owners consistently turn to Keyrenter South Texas is our advanced tenant screening process and retention ratio. We know how to find excellent occupants for your home and keep them satisfied with their experience so they stay for longer.
We also go above and beyond in our marketing efforts for your property to keep the unit filled as much as possible. Our property management team conducts virtual and on-site tours, and uses powerful marketing strategies to get results for our clients.
Property Maintenance and Inspections
As your property management team, Keyrenter South Texas can take on all the responsibilities when it comes to maintaining your property. You can sit back and relax while we take care of landscaping, repairs and other concerns. We also conduct regular inspections to make sure the property is being properly cared for.
PROVEN AND TRUSTED