La Feria Duplex Investment
For Sale
$360,000
2418 N VALLEY CIRCLE, La Feria, TX 78559
MULTI_FAMILY - LA FERIA, TX
Property Size2,298 SF
Lot Size0.12 Acres
Price / SF$156.66
Days on Market71
Property Features for 2418 N VALLEY CIRCLE
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Garage
Interior features
Ceiling Fan(s), Smoke Alarm(s)
Fencing
Privacy
Appliances
Dryer, Range, Refrigerator, Washer
Subdivision
BRIDGE ESTATES
Lot features
Curb & Gutter
Elementary school
VAIL
Middle school
GREEN
High school
LA FERIA
Elementary school district
LA FERIA I.S.D.
Middle school district
LA FERIA I.S.D.
High school district
LA FERIA I.S.D.
Standard status
Active
Size
2,298 SF
Lot size
0.12 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
2023
Floors in Building
1
Number of units
2
Flooring type
Tile
Listing Agency:
EXP Realty, LLC
(888) 519-7431
Listed By:
Arasely Esquivel
(956) 688-0631
Added: May 21
Changed: Jul 30
Last Checked: Jul 30 at 11:06PM
MLS# 29776646
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 duplex, located in the Bridge Estates subdivision of La Feria, presents an investment opportunity. Each unit features an open concept layout with 3 bedrooms, 2 bathrooms, and a 1-car garage. The living space in each unit totals 1,149 square feet, contributing to a total property size of 2,298 square feet. The units are equipped with appliances including a stove, microwave, refrigerator, washer, and dryer. Tile flooring is installed throughout, and granite countertops are featured in both the kitchen and bathrooms. The property is fully fenced and situated on a lot of approximately 0.12 acres.
Key Highlights
- Investment opportunity in La Feria's Bridge Estates subdivision.
- Two identical units, each with 3 bedrooms and 2 baths.
- Each unit has 1,149 sqft of living space with an open concept design.
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 authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
Explore this area
Business Placement
Demographics for 78559, TX
12,533
Population
5,047
Households
2.5
Avg Household Size
37
Median Age
14%
College-Educated
72%
High-School Grad
36.3 sq mi
ZIP Area
345
Density / Sq Mi
$48,117
Median Household Income
$31,927
Median Earnings
$985
Median Rent
$99,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Duplex in La Feria featuring open concept 3-bedroom units.
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: Investment opportunity in La Feria's Bridge Estates subdivision.; Two identical units, each with 3 bedrooms and 2 baths.; Each unit has 1,149 sqft of living space with an open concept design.
