Duplex Income
2422 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 2422 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
- 8622310000007000
- 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
Last Checked: Jul 25 at 5:06AM
MLS# 506844
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 offers two separate residences, each featuring an open-concept layout with three bedrooms, two bathrooms, and a one-car garage. The homes are described as tile flooring throughout and granite countertops in the kitchen and bathrooms. Each unit is also listed as coming fully equipped with a stove, microwave, refrigerator, washer, and dryer. The property is described as fully fenced, supporting privacy and practical day-to-day use.
The duplex is located at 2422 N Valley Circle in La Feria, Texas, within the Bridge Estates subdivision. The listing notes that the photos are of a unit for reference only, as the units are tenant occupied.
For buyers looking for a residential income property, this configuration provides two self-contained 3-bedroom units under one ownership, with garage parking and in-unit laundry appliances included per the offering details. The consistent finishes and fully fenced setting may help streamline leasing and tenant move-ins, while the separate layout can support straightforward day-to-day property management.
The duplex is located at 2422 N Valley Circle in La Feria, Texas, within the Bridge Estates subdivision. The listing notes that the photos are of a unit for reference only, as the units are tenant occupied.
For buyers looking for a residential income property, this configuration provides two self-contained 3-bedroom units under one ownership, with garage parking and in-unit laundry appliances included per the offering details. The consistent finishes and fully fenced setting may help streamline leasing and tenant move-ins, while the separate layout can support straightforward day-to-day property management.
Key Highlights
- Duplex built in 2023 in Bridge Estates (La Feria)
- Each unit offers an open‑concept 3 bed, 2 bath layout with a 1‑car garage
- Total living space per unit: 1,149 sqft
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 3-bedroom, 2-bath units, each with a one-car garage, appliances, and fenced grounds.
Where is this duplex located?
The property is located at 2422 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 in Bridge Estates (La Feria); Each unit offers an open‑concept 3 bed, 2 bath layout with a 1‑car garage; Total living space per unit: 1,149 sqft
