Duplex with Open-Concept 3BR
2424 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 2424 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
- 8622310000006000
- 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 6:06AM
MLS# 506813
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 matching residential units, each featuring an open-concept design with three bedrooms and two bathrooms, along with a one-car garage. The units include tile flooring throughout and granite countertops in the kitchen and bathrooms. The homes are also equipped with a full appliance package, including a stove, microwave, refrigerator, washer, and dryer. The property is fully fenced.
The duplex is located at 2424 N Valley Circle in La Feria, Texas, within the Bridge Estates subdivision in Cameron County. The total living space is described as 1,149 square feet, with the overall property size listed as 2,298 square feet. Photos provided are of a unit and are for reference only, as the units are tenant occupied.
For buyers seeking a residential income property, this configuration provides straightforward, repeatable layouts across both units, each with its own garage and core interior finishes. Because the units are being offered with major appliances already in place and the property is fully fenced, it can be easier to position for day-to-day occupancy needs. Please note that tenant occupancy impacts photo availability, and prospective buyers should plan accordingly for any in-person review of current condition.
The duplex is located at 2424 N Valley Circle in La Feria, Texas, within the Bridge Estates subdivision in Cameron County. The total living space is described as 1,149 square feet, with the overall property size listed as 2,298 square feet. Photos provided are of a unit and are for reference only, as the units are tenant occupied.
For buyers seeking a residential income property, this configuration provides straightforward, repeatable layouts across both units, each with its own garage and core interior finishes. Because the units are being offered with major appliances already in place and the property is fully fenced, it can be easier to position for day-to-day occupancy needs. Please note that tenant occupancy impacts photo availability, and prospective buyers should plan accordingly for any in-person review of current condition.
Key Highlights
- Duplex in Bridge Estates, La Feria—new construction with 2023 year built
- Each unit offers an open‑concept 3 bed, 2 bath layout with 1‑car garage
- Total living space per unit: 1,149 SF (tenant‑occupied; photos are for reference only)
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 - Two-unit duplex in Bridge Estates with open-concept 3-bedroom layouts, included appliances, and fenced grounds.
Where is this duplex located?
The property is located at 2424 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 in Bridge Estates, La Feria—new construction with 2023 year built; Each unit offers an open‑concept 3 bed, 2 bath layout with 1‑car garage; Total living space per unit: 1,149 SF (tenant‑occupied; photos are for reference only)
