La Joya Multifamily
225 W 4th Street La Joya, TX 78560
For Sale
Contact for pricing
Two detached units in La Joya, ideal for investors.
Property Size2,052 SF
Price / SF$87.72
Days on Market665
Property Features for 225 W 4th Street
General Information
- Standard status
- Active
- Size
- 2,052 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1985
Listing Agency:
Star Realty Group, LLC
Listed By:
Jose Narvaez · License #TX
Source:
Crexi
Added: Sep 28, 2024
Changed: Jul 6
Last Checked: Jul 23 at 2:40PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Star Realty Group, LLC
Investment Insights
Based on property information with market context.
This multifamily property, located in La Joya, features two detached, well-maintained units. It is suitable for investors or owner-occupants. The property offers opportunities for upgrades and income growth. It is part of a 6-unit portfolio. The property size is 2052 square feet.
Key Highlights
- Multifamily investment property with two detached, well‑maintained units.
- Located in the heart of La Joya.
- Ideal for investors or owner‑occupants.
Financial Insights For Apartment 5plus
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 | $34.0k | $16.56 |
| − Vacancy | −$3.9k | −$1.92 |
| EGI | $30.0k | $14.64 |
| − OpEx | −$13.5k | −$6.59 |
| NOI | $16.5k | $8.05 |
2,052 SF · lease $16.56/SF/yr · vacancy 11.60% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$256.4K
$224.3K – $299.1K
NOI $17,945 @ 7.0% cap · market cap 9.97%
Second Best
Apartment 5plus
$236.0K
$206.5K – $275.4K
NOI $16,522 @ 7.0% cap · market cap 9.18%
Theoretical Best
Hotel Hospitality
$1.55M
$1.35M – $1.80M
NOI $108,192 @ 7.0% cap · market cap 60.11%
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 detached units in La Joya, ideal for investors.
Where is this duplex located?
The property is located at 225 W 4th Street La Joya, TX.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Multifamily investment property with **two detached, well‑maintained units**.; Located in the heart of La Joya.; **Ideal for investors or owner‑occupants**.
