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    2332 S VALLEY CIRCLE, La Feria, TX 78559

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    Claim this Listing
    New
    For Sale
    $269,000

    MULTI_FAMILY - LA FERIA, TX

    Property size:
    1,908 SF
    Lot size:
    0.13 Acres
    Price / SF:
    $140/SF
    Added:
    Jun 15, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 17 at 4:06 pm

    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
    Standard status
    Active
    Size
    1,908 SF
    Lot size
    0.13 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    Electric, Central Air
    Water source
    Public

    Building Details

    Year built
    2023
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Tile

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    Listing Contact
    Frank Escobedo

    Listing agent Frank Escobedo

    Listing office Global Home Finders Realty 750 E. Expressway 83, San Benito, TX

    Listing date Jun 15, 2026

    MLS# 29777176 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.

    HighLights

    • 2023‑built duplex with 2Br/2Bth in each fully leased unit
    • Rents $1,000 per unit; property is fully leased
    • Quartz countertops in kitchen and bathrooms
    • Large walk‑in closets and built‑ins
    • Tankless water heater and in‑unit laundry room
    • Includes refrigerator, range, and dishwasher; central heating and central air

    Overview

    This for-sale duplex offers two separately leased 2-bedroom, 2-bath units. The property was built by Zarate Homes and includes quartz countertops in both the kitchens and bathrooms, built-ins, large walk-in closets, and private backyard space. Each unit also features a tankless water heater and a dedicated laundry room. All kitchen appliances are included, including the refrigerator, stove, and dishwasher.

    The duplex is located at 2332 S Valley Circle in La Feria, Texas, in Cameron County.

    For buyers seeking a residential income asset, the units are currently fully leased. The combination of established finishes and included major kitchen appliances can reduce move-in friction for incoming occupants and supports straightforward tenant onboarding from an operating standpoint.

    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 $24.0k $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 (±1% cap)
    NOI $15,741 @ 7.0% cap · market cap 5.85%
    Second Best
    Apartment 5plus
    $206.2K
    $180.5K – $240.6K (±1% cap)
    NOI $14,436 @ 7.0% cap · market cap 5.37%
    Theoretical Best
    Healthcare Medical
    $328.5K
    $287.5K – $383.3K (±1% cap)
    NOI $22,997 @ 7.0% cap · market cap 8.55%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    La Feria
    County
    Cameron
    State
    Texas
    Longitude
    -97.8452351
    Latitude
    26.1749016

    FAQs

    What type of property is this?
    Duplex - Fully leased duplex with two-bedroom, two-bath units and tenant-ready in-unit amenities.
    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: 2023‑built duplex with 2Br/2Bth in each fully leased unit; Rents $1,000 per unit; property is fully leased; Quartz countertops in kitchen and bathrooms
    More about this property
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