Leased Duplex Residential
2332 S VALLEY CIRCLE La Feria, TX 78559
2332 S VALLEY CIRCLE, La Feria, TX, 78559
$269,000
For Sale
$269,000
MULTI_FAMILY - LA FERIA, TX
Property Size1,908 SF
Lot Size0.13 Acres
Price / SF$140.99
Days on Market39
Property Features for 2332 S VALLEY CIRCLE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Interior features
- Ceiling Fan(s), Smoke Alarm(s), Walk-in Closet(s)
- Appliances
- Dishwasher, Range, Refrigerator
- Standard status
- Active
- Size
- 1,908 SF
- Lot size
- 0.13 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 2023
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile
Listing agency
Global Home Finders Realty
(956) 626-1280
Listed by
Frank Escobedo
(956) 561-4718
Added: Jun 15 Checked: Jul 23 at 1:06AM
MLS# 29777176
Copyright © 2026 Rio Grande Valley Multiple Listing Service Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale duplex offers two separately leased 2-bedroom, 2-bath units. The property was built by Zarate Homes and includes quartz countertops in both the kitchens and bathrooms, built-ins, large walk-in closets, and private backyard space. Each unit also features a tankless water heater and a dedicated laundry room. All kitchen appliances are included, including the refrigerator, stove, and dishwasher.
The duplex is located at 2332 S Valley Circle in La Feria, Texas, in Cameron County.
For buyers seeking a residential income asset, the units are currently fully leased. The combination of established finishes and included major kitchen appliances can reduce move-in friction for incoming occupants and supports straightforward tenant onboarding from an operating standpoint.
The duplex is located at 2332 S Valley Circle in La Feria, Texas, in Cameron County.
For buyers seeking a residential income asset, the units are currently fully leased. The combination of established finishes and included major kitchen appliances can reduce move-in friction for incoming occupants and supports straightforward tenant onboarding from an operating standpoint.
Key Highlights
- 2023‑built duplex with 2Br/2Bth in each fully leased unit
- Rents $1,000 per unit; property is fully leased
- Quartz countertops in kitchen and bathrooms
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.0k | $12.60 |
| − Vacancy | −$1.6k | −$0.81 |
| EGI | $22.5k | $11.79 |
| − OpEx | −$6.7k | −$3.54 |
| NOI | $15.7k | $8.25 |
1,908 SF · lease $12.60/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$224.9K
$196.8K – $262.4K
NOI $15,741 @ 7.0% cap · market cap 5.85%
Second Best
Apartment 5plus
$206.2K
$180.5K – $240.6K
NOI $14,436 @ 7.0% cap · market cap 5.37%
Theoretical Best
Healthcare Medical
$328.5K
$287.5K – $383.3K
NOI $22,997 @ 7.0% cap · market cap 8.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Fully leased duplex with two-bedroom, two-bath units and tenant-ready in-unit amenities.
Where is this duplex located?
The property is located at 2332 S VALLEY CIRCLE La Feria, TX.
What is the asking price?
The asking price for this property is $269,000.
What are key features of this property?
This property features: 2023‑built duplex with 2Br/2Bth in each fully leased unit; Rents $1,000 per unit; property is fully leased; Quartz countertops in kitchen and bathrooms
