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    24529 Fm 506 La Feria, TX 78559

    For Sale
    $600,000

    Commercial - LA FERIA, TX

    Property size:
    2,800 SF
    Lot size:
    8.00 Acres
    Days on Market:
    19
    Last Refresh:
    Dec 13 at 11:06 am

    Property Features for 24529 Fm 506

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Paved or Surfaced
    Exterior features
    Other, Separate Electric Meters, Outside Storage
    Size
    2,800 SF
    Lot size
    8.00 Acres

    Utilities

    Heating system
    Central, Zoned (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1957
    Floors in Building
    1.5
    Flooring type
    Tile
    Building materials
    Brick, Stone
    Roof type
    Shingle
    Architectural style
    Other
    Additional Structures
    Storage

    Keller Williams Lower Rio Grande Valley (956) 423-8877 [email protected]

    Listing agent ANTONIO CASAS JR. (956) 423-8877

    Listing date Nov 25, 2025

    MLS# 29740222 Listing URL

    Copyright © 2025 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.

    Overview

    Multifamily Property in La Feria

    This multifamily property located in La Feria, TX, features a 2,800 square foot home with three bedrooms and two and a half bathrooms. Additionally, there is a separate 54 x 64 building containing six one-bedroom apartments, each measuring 756 square feet, with balconies on both the north and south sides. The property also includes ten RV pads situated on the northern two acres, with the potential for adding more. The property is on an 8-acre lot.
    Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Law Firm Spa & Massage Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    La Feria
    County
    Cameron
    State
    Texas
    Longitude
    -97.823885
    Latitude
    26.158964

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    FAQs

    What type of property is this?
    Apartment building - Multifamily property with apartments, home, and RV pads.
    Where is this apartment building located?
    The property is located at 24529 Fm 506 La Feria, TX.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: - Multi-family property with a **2,800 sq. ft. 3-bedroom house** and a separate building containing six 1-bedroom apartments.; - **Ten RV pads on two acres** with potential for expansion.; - Each apartment has living space and front and back balconies.
    (956) 423-8877
    Request Owner's contact information
    24529 Fm 506 La Feria, TX 78559
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    La Feria, TX 78559
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    24529 Fm 506 La Feria, TX 78559
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