Duplex with Walk-In
For Sale
$269,000
2332 S VALLEY CIRCLE, La Feria, TX 78559
MULTI_FAMILY - LA FERIA, TX
Property Size1,908 SF
Lot Size0.13 Acres
Price / SF$140.99
Days on Market51
Property Features for 2332 S VALLEY CIRCLE
General Information
Property type
Residential Multi Family
Property subtype
Other
Interior features
Ceiling Fan(s), Smoke Alarm(s), Walk-in Closet(s)
Appliances
Dishwasher, Range, Refrigerator
Subdivision
BRIDGE ESTATES
Elementary school
VAIL
Middle school
GREEN
High school
LA FERIA
Elementary school district
LA FERIA I.S.D.
Middle school district
LA FERIA I.S.D.
High school district
LA FERIA I.S.D.
Standard status
Active
Size
1,908 SF
Lot size
0.13 Acres
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Water source
Public
Amenities
quartz countertops
built-ins
large walk-in closets
private backyard
tankless water heater
laundry room
kitchen appliances
Building Details
Year built
2023
Floors in Building
1
Number of units
2
Flooring type
Tile
Listing Agency:
Global Home Finders Realty
(956) 626-1280
Listed By:
Frank Escobedo
(956) 561-4718
Added: Jun 15
Changed: Aug 3
Last Checked: Aug 4 at 11:06AM
MLS# 29777176
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 fully leased duplex offers two-bedroom, two-bath units with a private backyard and an interior layout designed for everyday comfort. The kitchen and bathrooms feature quartz countertops, along with built-ins and large walk-in closets. Additional in-home conveniences include a tankless water heater and a dedicated laundry room. Kitchen appliances are included, including the refrigerator, stove, and dishwasher. Interior finishes include tile flooring, and the home is equipped with ceiling fans and smoke alarms.
Built by Zarate Homes in 2023, the property is a 0.13-acre site totaling 1,908 square feet in La Feria, TX. The home has central electric heating and central air conditioning, with public water and public sewer services.
With both units currently leased, the duplex can support an investor or owner-operator looking for an income-producing residential asset.
Built by Zarate Homes in 2023, the property is a 0.13-acre site totaling 1,908 square feet in La Feria, TX. The home has central electric heating and central air conditioning, with public water and public sewer services.
With both units currently leased, the duplex can support an investor or owner-operator looking for an income-producing residential asset.
Key Highlights
- Fully leased duplex with two‑bedroom, two‑bath units
- Built in 2023 by Zarate Homes
- Quartz countertops in kitchen and bathrooms
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 | $24.0k | $12.60 |
| − Vacancy | −$1.6k | −$0.81 |
| EGI | $22.5k | $11.79 |
| − OpEx | −$6.7k | −$3.54 |
| NOI | $15.7k | $8.25 |
1,908 SF · lease $12.60/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$224.9K
$196.8K – $262.4K
NOI $15,741 @ 7.0% cap · market cap 5.85%
Second Best
Apartment 5plus
$206.2K
$180.5K – $240.6K
NOI $14,436 @ 7.0% cap · market cap 5.37%
Theoretical Best
Healthcare Medical
$328.5K
$287.5K – $383.3K
NOI $22,997 @ 7.0% cap · market cap 8.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
Explore this area
Business Placement
Demographics for 78559, TX
12,533
Population
5,047
Households
2.5
Avg Household Size
37
Median Age
14%
College-Educated
72%
High-School Grad
36.3 sq mi
ZIP Area
345
Density / Sq Mi
$48,117
Median Household Income
$31,927
Median Earnings
$985
Median Rent
$99,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Fully leased two-bedroom, two-bath duplex built in 2023 with quartz countertops, a private backyard, and included kitchen appliances.
Where is this duplex located?
The property is located at 2332 S VALLEY CIRCLE La Feria, TX.
What is the asking price?
The asking price for this property is $269,000.
What are key features of this property?
This property features: Fully leased duplex with two‑bedroom, two‑bath units; Built in 2023 by Zarate Homes; Quartz countertops in kitchen and bathrooms
