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    300 Cub Cir La Feria, TX 78559

    For Sale
    $2,150,000

    Well-maintained multifamily property with strong occupancy rate in La Feria.

    Property size:
    19,372 SF

    Property Features for 300 Cub Cir

    General Information

    Size
    19,372 SF

    Building Details

    Year built
    2021

    Source: Laura Liza Paz, SIOR Agent Laura Liza Paz, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multifamily Investment Opportunity in La Feria

    Located at 200 & 300 Cub Circle in La Feria, TX, this multifamily property presents an investment opportunity. Situated on two lots totaling 0.37 acres, the property includes one 4-plex and two 3-plex buildings per lot. Each unit features two bedrooms and 1.5 bathrooms, with 966 square feet of living space, totaling 19,372 square feet across 20 units. The property is well-maintained and currently has a 90% occupancy rate. Each parking lot has 18 parking spaces available. The location in La Feria, TX, provides access to amenities and a vibrant community. Residents can visit nearby parks like La Feria Nature Center, which offers walking trails and green spaces. Dining options include local restaurants such as El Gallito Restaurant and La Feria Mexican Restaurant. The property's location provides convenient access to everyday conveniences and major roadways, offering accessibility to the Rio Grande Valley region. Professional property management is in place.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Restaurant Building Supply Wholesale Shop Hotel & Motel Department Store Grocery Store Food Market Furniture Store Carpet & Flooring Store

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

    Location Insight

    • Map
    • Local Demand
    City
    La Feria
    County
    Cameron
    State
    Texas
    Longitude
    -97.829
    Latitude
    26.1795

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained multifamily property with strong occupancy rate in La Feria.
    Where is this apartment building located?
    The property is located at 300 Cub Cir La Feria, TX.
    What is the asking price?
    The asking price for this property is $2,150,000.
    What are key features of this property?
    This property features: - Strong 90% occupancy rate indicating high demand; - Appealing investment opportunity with potential for value appreciation; - 20 well-maintained residential units totaling 19,372 SF of living space
    (956) 227-8000
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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
    300 Cub Cir La Feria, TX 78559
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