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    Multifamily Property in La Feria, TX
    Updated: Apr 5, 2023
    Multifamily Property in La Feria, TX

    24529 FM 506, La Feria, TX 78559

    $600,000
    2,800 sqft 8.00 AC lot
    Multi‑family property featuring a 2,800 sq ft 3‑bedroom house and a separate building containing six 1‑bedroom apartments.
    Ten RV pads on two acres with potential for expansion.
    Each apartment has front and back balconies.
    The property does not flood.
    The apartment building measures 54 X 64 with each apartment measuring 756 sq ft.
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    This listing looks promising.

    Here's a quick look at some key insights for

    24529 FM 506, LA FERIA, TX 78559

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    • Est. Cap Rate

      3.5%
      NOI ÷ price

    • Est. NOI

      $21K
      Annual

    • Price @ 7% Cap

      $303K
      Suggested
    View Property Analytics
    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 1 Active listings in La Feria, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 9 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multifamily and Retail Storefront
    Multifamily and Retail Storefront

    136 North Texas Avenue, Mercedes, TX 78570

    $375,000
    2,240 sqft 0.09 AC lot

    Mixed-use property with nine residential units and two street-front storefronts on North Texas Avenue.

    View details
    Harlingen Multifamily Investment Opportunity
    Harlingen Multifamily Investment Opportunity

    630 W Taft Avenue, Harlingen, TX 78550

    $1,150,000
    11,924 sqft 0.41 AC lot

    18-unit apartment community in central Harlingen, Texas.

    View details
    Mixed-Use Property with Retail Center
    Mixed-Use Property with Retail Center

    1109 N 7th St, Harlingen, TX 78550

    $3,000,000
    59,777 sqft

    38 units with retail, value-add potential in high-traffic area.

    View details
    Multifamily Property in Downtown Mercedes
    Multifamily Property in Downtown Mercedes

    105 E 10th Street, Mercedes, TX 78570

    $1,200,000
    1.00 AC lot

    16-unit multifamily property with on-site laundry in downtown Mercedes.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Ocean Springs Highway 90 Land
    Ocean Springs Highway 90 Land

    Bienville Blvd, Ocean Springs, MS 39564

    $675,000
    143,748 sqft 3.30 AC lot

    3.3 acre commercial land on Highway 90, Ocean Springs.

    View details
    Commercial Buildable Land Parcel
    Commercial Buildable Land Parcel

    801 NW 36th Avenue, Norman, OK 73072

    $250,000
    0.74 AC lot

    Buildable lot with approximately 370 feet of frontage on NW 36th Avenue and soil/engineering testing already completed.

    View details
    Buildable Lot for Luxury Condos
    Buildable Lot for Luxury Condos

    801 36th Ave NW, Norman, OK 73072

    $285,000
    0.74 AC lot

    0.74 acre buildable lot zoned for low-density apartments.

    View details
    Prime Development Land, Springfield MO
    Prime Development Land, Springfield MO

    N West Bypass, Springfield, MO 65802

    $2,850,000
    29.20 AC lot

    29.2 acres of retail-zoned land for mixed-use development.

    View details

    Off-Market Properties in La Feria, TX

    Consider similar Off-Market properties in La Feria, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2114 Vly Cir
    Multifamily properties

    2114 Vly Cir, La Feria, TX 78559

    Value Estimation by Request
    View details
    13973 Hackberry Ln
    Multifamily properties

    13973 Hackberry Ln, La Feria, TX 78559

    Value Estimation by Request
    View details
    200-300 Cub Cir
    Multifamily properties

    200-300 Cub Cir, La Feria, TX 78559

    Value Estimation by Request
    View details
    00 White Ranch Rd
    Multifamily properties

    00 White Ranch Rd, La Feria, TX 78559

    Value Estimation by Request
    18.23 AC lot
    View details
    Expy 83 Hwy
    Multifamily properties

    0 Expy 83 Hwy, La Feria, TX 78559

    Value Estimation by Request
    18.82 AC lot
    View details
    2429 Smt Rd
    Multifamily properties

    2429 Smt Rd, La Feria, TX 78559

    Value Estimation by Request
    View details
    2116 Vly Cir
    Multifamily properties

    2116 Vly Cir, La Feria, TX 78559

    Value Estimation by Request
    View details
    Expy 83 Fwy
    Multifamily properties

    0 Expy 83 Fwy, La Feria, TX 78559

    Value Estimation by Request
    12.78 AC lot
    View details
    2214 Vly Cir
    Multifamily properties

    2214 Vly Cir, La Feria, TX 78559

    Value Estimation by Request
    View details

    La Feria, TX Apartment Buildings Market Trends and Statistics

    Explore 10 apartment buildings for sale in La Feria, TX on our real estate platform. These investment opportunities span a total of 2,800 square feet of properties for sale, with an estimated market value of $600,000.

    Sale prices for two-family homes in La Feria, TX start at $600,000, averaging $600,000, and reaching up to $600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 13K
    Population Growth (5Y) +0.3%
    Median Household Income $48,117
    College Educated 19.0%

    High-Yield Neighborhoods for Investment

    Identify La Feria submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    78559 $600K

    Taxes & Financing

    Tax Rate (average for all types) 1.70%
    Property Tax per SF $38.76 per SF
    Tax Rate vs County Average 0.11 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cameron County

    New Delisted

    Total CRE Inventory on Market (SF)

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