Appliance-Equipped
2418 N Valley Circle La Feria, TX 78559
For Sale
$360,000
MULTI_FAMILY - La Feria, TX
Property Size2,298 SF
Lot Size0.13 Acres
Price / SF$156.66
Days on Market47
Property Features for 2418 N Valley Circle
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 2
- Parking features
- Garage
- Patio and Porch features
- Patio
- Fencing
- Privacy
- Appliances
- Electric Water Heater, Water Heater (In Garage), Dryer, Microwave, Refrigerator, Stove/Range-Electric Coil, Washer
- Standard status
- Active
- APN
- 8622310000008000
- Size
- 2,298 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6590
Utilities
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric
Building Details
- Year built
- 2023
- Floors in Building
- 1
- Number of units
- 2
- Building materials
- Brick, Siding, Stucco
- Roof type
- Composition
Listing Agency:
eXp Realty LLC
(888) 519-7431
Listed By:
Arasely Esquivel
(956) 688-0631
Added: Jun 9
Changed: Jun 10
Last Checked: Jul 25 at 6:06AM
MLS# 506876
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This duplex includes two matching residential units, each laid out as an open-concept 3-bedroom, 2-bath home with a 1-car garage. The interiors feature tile flooring and granite countertops in the kitchen and bathrooms. Each unit is being presented with a full appliance package, including a stove, microwave, refrigerator, washer, and dryer. Both units are also described as fully fenced, supporting privacy and easy management of outdoor space. The property sits on a lot totaling 0.1343 acres, with an overall building size of 2,298 square feet.
Located at 2418 N Valley Circle in La Feria, Texas (78559), the property is positioned within the Bridge Estates subdivision in Cameron County. The listing notes that photos are of a unit for reference only because the units are tenant occupied.
For tenants, buyers, or operators seeking a straightforward residential income setup, the duplex configuration provides two separate 3-bedroom layouts with turnkey interior selections and an appliance package already in place. The consistent unit design—open concept, tile flooring, granite counters, and included washers/dryers—can help streamline leasing and reduce upfront interior replacements. With the fenced setup and garage parking, the property is built for practical everyday living across both units.
Located at 2418 N Valley Circle in La Feria, Texas (78559), the property is positioned within the Bridge Estates subdivision in Cameron County. The listing notes that photos are of a unit for reference only because the units are tenant occupied.
For tenants, buyers, or operators seeking a straightforward residential income setup, the duplex configuration provides two separate 3-bedroom layouts with turnkey interior selections and an appliance package already in place. The consistent unit design—open concept, tile flooring, granite counters, and included washers/dryers—can help streamline leasing and reduce upfront interior replacements. With the fenced setup and garage parking, the property is built for practical everyday living across both units.
Key Highlights
- Duplex built in 2023 with two units, each featuring open‑concept 3 bed, 2 bath layouts
- Each unit includes a 1‑car garage and a total of 1,149 sqft of living space per unit
- Units come fully equipped with appliances: electric stove/range, microwave, refrigerator, washer, and dryer
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 | $29.0k | $12.60 |
| − Vacancy | −$1.9k | −$0.81 |
| EGI | $27.1k | $11.79 |
| − OpEx | −$8.1k | −$3.54 |
| NOI | $19.0k | $8.25 |
2,298 SF · lease $12.60/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$270.8K
$237.0K – $316.0K
NOI $18,959 @ 7.0% cap · market cap 5.27%
Second Best
Apartment 5plus
$248.4K
$217.3K – $289.8K
NOI $17,387 @ 7.0% cap · market cap 4.83%
Theoretical Best
Healthcare Medical
$395.7K
$346.2K – $461.6K
NOI $27,697 @ 7.0% cap · market cap 7.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex with two open-concept 3-bedroom, 2-bath units, each with a 1-car garage and included appliances.
Where is this duplex located?
The property is located at 2418 N Valley Circle La Feria, TX.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Duplex built in 2023 with two units, each featuring open‑concept 3 bed, 2 bath layouts; Each unit includes a 1‑car garage and a total of 1,149 sqft of living space per unit; Units come fully equipped with appliances: electric stove/range, microwave, refrigerator, washer, and dryer
