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    212 S Alex Ave La Joya, TX 78560

    For Sale
    $1,090,000

    Apartment - La Joya, TX

    Type:Apartment
    Property size:
    9,642 SF
    Lot size:
    0.42 Acres
    Days on Market:
    150
    Last Refresh:
    Dec 5 at 4:06 pm

    Property Features for 212 S Alex Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Standard status
    Active
    APN
    S108800000007600
    Parking
    16
    Parking features
    Garage
    Size
    9,642 SF
    Lot size
    0.42 Acres

    Utilities

    Heating system
    Central

    Building Details

    Year built
    2022
    Number of units
    8
    Architectural style
    Other

    RGV Venture Capital, LP d/b/a Keller Williams Realty - RGV (956) 566-8377 [email protected]

    Listing agent Jaime Lee Gonzalez (956) 928-1155

    Listing date Jul 9, 2025

    MLS# 475429 Listing URL

    Copyright © 2025 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    La Joya Multifamily Investment

    This income-producing 8-unit multi-plex in La Joya, TX, presents an excellent investment opportunity for both new and seasoned investors. Situated on a 0.4177-acre lot, the property offers potential with consistent rental income and a convenient location near US Highway 83, schools, and local restaurants, providing easy access to everyday amenities. Each unit includes covered parking, adding value and convenience for tenants. The property contains 9,642 square feet of living area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    La Joya
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.485987
    Latitude
    26.24737

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    FAQs

    What type of property is this?
    Apartment building - Income-producing 8-unit multi-plex on 0.42 acres near US Highway 83.
    Where is this apartment building located?
    The property is located at 212 S Alex Ave La Joya, TX.
    What is the asking price?
    The asking price for this property is $1,090,000.
    What are key features of this property?
    This property features: - Income-producing 8-unit multi-plex; - Built in 2022; - Located near US Highway 83, schools, and local restaurants
    (956) 928-1155
    Request Owner's contact information
    212 S Alex Ave La Joya, TX 78560
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    La Joya, TX 78560
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    212 S Alex Ave La Joya, TX 78560
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