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2416 N Valley Circle, La Feria, TX, 78559
Duplex with Fenced Yard

2416 N Valley Circle La Feria, TX 78559

For Sale
$360,000

MULTI_FAMILY - La Feria, TX

Property Size2,298 SF
Lot Size0.13 Acres
Price / SF$156.66
Days on Market49

Property Features for 2416 N Valley Circle

General Information

Property type Residential Multi Family
Property subtype Other
Parking 2
Parking features Garage
Patio and Porch features Patio
Fencing Privacy
Appliances Electric Water Heater, Water Heater (In Garage), Dryer, Microwave, Refrigerator, Stove/Range-Electric Coil, Washer
Standard status Active
APN 8622310000009000
Size 2,298 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6590

Utilities

Heating system Central, Electric (Heating)
Cooling system Electric, Central Air

Building Details

Year built 2023
Floors in Building 1
Number of units 2
Building materials Brick, Siding, Stucco
Roof type Composition
Listing Agency: eXp Realty LLC
Listed By: Arasely Esquivel
Added: Jun 9 Last Checked: Jul 27 at 2:06PM
MLS# 506879

Copyright © 2026 Greater McAllen Association of Realtors. 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 for-sale duplex offers two separate, open-concept residences, each with 3 bedrooms and 2 bathrooms plus a 1-car garage. The units include a package of appliances, including a stove, microwave, refrigerator, washer, and dryer. Interior finishes are described as tile flooring throughout, with granite countertops in the kitchen and bathrooms. The property is fully fenced.

The duplex is located at 2416 N Valley Circle in La Feria, Texas, in the Bridge Estates subdivision in Cameron County. Photos provided are of a unit for reference only, as the homes are tenant occupied.

For investors or buyers seeking an income property, the configuration provides functional, matching floorplans on a duplex footprint, with in-unit appliances and straightforward finishes noted in the listing. The fully fenced site can support everyday tenant privacy and outdoor use, while the garage adds convenient off-street parking for each residence.

Key Highlights

  • Newly built duplex (2023) in Bridge Estates subdivision
  • Each unit features open concept 3BR/2BA layout and 1‑car garage
  • Total living space per unit: 1,149 sqft

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 $29.0k $12.60
− Vacancy −$1.9k −$0.81
EGI $27.1k $11.79
− OpEx −$8.1k −$3.54
NOI $19.0k $8.25
2,298 SF · lease $12.60/SF/yr · vacancy 6.46% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$270.8K
$237.0K – $316.0K (±1% cap)
NOI $18,959 @ 7.0% cap · market cap 5.27%
Second Best
Apartment 5plus
$248.4K
$217.3K – $289.8K (±1% cap)
NOI $17,387 @ 7.0% cap · market cap 4.83%
Theoretical Best
Healthcare Medical
$395.7K
$346.2K – $461.6K (±1% cap)
NOI $27,697 @ 7.0% cap · market cap 7.69%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Duplexes

Frequently Asked Questions

What type of property is this?
Duplex - Each side features an open 3-bedroom, 2-bath layout with a 1-car garage and included kitchen and laundry appliances.
Where is this duplex located?
The property is located at 2416 N Valley Circle La Feria, TX.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Newly built duplex (2023) in Bridge Estates subdivision; Each unit features open concept 3BR/2BA layout and 1‑car garage; Total living space per unit: 1,149 sqft
More about this property
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