Modern Duplex with Mixed
2229 N VALLEY CIRCLE La Feria, TX 78559
2229 N VALLEY CIRCLE, La Feria, TX, 78559
$275,900
For Sale
$275,900
MULTI_FAMILY - LA FERIA, TX
Property Size1,950 SF
Lot Size0.13 Acres
Price / SF$141.49
Days on Market58
Property Features for 2229 N VALLEY CIRCLE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- None
- Interior features
- Ceiling Fan(s), Smoke Alarm(s), Walk-in Closet(s)
- Appliances
- Dishwasher, Dryer, Range, Refrigerator, Washer
- Standard status
- Active
- Size
- 1,950 SF
- Lot size
- 0.13 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2023
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile
Listing Agency
Excel Realty
(956) 280-3089
1313 E Alton Gloor Suite C, Brownsville, TX
Listed by
Graciela Cuevas
(956) 667-4879
Added: May 21 Checked: Jul 17 at 9:06 am
MLS# 29776628
Listing URL
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 modern duplex offers two separate units with contemporary finishes and open-concept living spaces. Each unit includes a stylish kitchen, and the property’s vacant unit is virtually staged to illustrate its potential for owner occupancy or additional leasing.
The duplex is located at 2229 N Valley Circle in La Feria, Texas 78559, in Cameron County. The property sits on a 0.1281-acre lot and is being offered for sale.
With one unit already occupied and the second unit available, the property presents a practical configuration for generating immediate rental income while retaining flexibility with the remaining unit.
The duplex is located at 2229 N Valley Circle in La Feria, Texas 78559, in Cameron County. The property sits on a 0.1281-acre lot and is being offered for sale.
With one unit already occupied and the second unit available, the property presents a practical configuration for generating immediate rental income while retaining flexibility with the remaining unit.
Key Highlights
- Modern duplex built in 2023 with one unit occupied and one unit vacant
- Both units feature central heating and central air
- Each unit includes an open‑concept layout with contemporary finishes
Local 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 | $24.6k | $12.60 |
| − Vacancy | −$1.6k | −$0.81 |
| EGI | $23.0k | $11.79 |
| − OpEx | −$6.9k | −$3.54 |
| NOI | $16.1k | $8.25 |
1,950 SF · lease $12.60/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$229.8K
$201.1K – $268.1K
NOI $16,088 @ 7.0% cap · market cap 5.83%
Second Best
Apartment 5plus
$210.8K
$184.4K – $245.9K
NOI $14,754 @ 7.0% cap · market cap 5.35%
Theoretical Best
Healthcare Medical
$335.8K
$293.8K – $391.7K
NOI $23,503 @ 7.0% cap · market cap 8.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Duplex for sale with one occupied unit and one vacant unit featuring contemporary, open-concept interiors.
Where is this duplex located?
The property is located at 2229 N VALLEY CIRCLE La Feria, TX.
What is the asking price?
The asking price for this property is $275,900.
What are key features of this property?
This property features: Modern duplex built in 2023 with one unit occupied and one unit vacant; Both units feature central heating and central air; Each unit includes an open‑concept layout with contemporary finishes
