New Duplex with Private
For Sale
$360,000
2422 N Valley Circle, La Feria, TX 78559
Residential Income, La Feria, TX
Property Size2,298 SF
Lot Size0.13 Acres
Price / SF$156.66
Days on Market140
Property Features for 2422 N Valley Circle
General Information
Property type
Residential Multi Family
Property subtype
Duplex
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
Subdivision
Bridge Estates
Lot features
Curb & Gutters
Elementary school
Vail
Middle school
Green Junior High
High school
La Feria H.S.
Elementary school district
La Feria ISD
Middle school district
La Feria ISD
High school district
La Feria ISD
Directions
Heading west on US 83, Exit on Solis Rd, turn right onto Solis Rd, then take a left at the stop sign, and subdivision will be to your right. Turn right onto N Valley Circle and Duplex will be on your left hand side.
Standard status
Active
APN
8622310000007000
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
Central Air, Electric
Amenities
appliances
fenced yard
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
(888) 519-7431
Listed By:
Arasely Esquivel
(956) 688-0631
Added: Jun 9
Changed: Oct 21
Last Checked: Oct 26 at 2:06AM
MLS# 506844
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.
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Investment Insights
Based on property information with market context.
Completed in 2023, this duplex contains two open-concept residences with a combined 2,298 square feet of living area. Each unit measures 1,149 square feet and includes three bedrooms, two bathrooms, and a one-car garage. Interior features include tile flooring throughout, granite countertops in the kitchens and bathrooms, and a full appliance package with a stove, microwave, refrigerator, washer, and dryer.
The property occupies a 0.1343-acre lot at 2422 N Valley Circle in La Feria, Texas. Both residences include patios and privacy fencing. Construction incorporates brick, siding, and stucco, with composition roofing, central electric heating, and central air conditioning. Each garage includes a water heater, and the property is equipped with electric water heating.
The property occupies a 0.1343-acre lot at 2422 N Valley Circle in La Feria, Texas. Both residences include patios and privacy fencing. Construction incorporates brick, siding, and stucco, with composition roofing, central electric heating, and central air conditioning. Each garage includes a water heater, and the property is equipped with electric water heating.
Key Highlights
- Duplex totaling 2,298 square feet
- Each unit offers 1,149 square feet with 3 bedrooms and 2 bathrooms
- Built in 2023 on a 0.1343‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,959
Cap Rate
5.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$379,180
$379.2K
Cap Rate 7%
$270,843
$270.8K
Cap Rate 9%
$210,656
$210.7K
Market Conditions
NOI Build-Up for 2,298 SF
Gross rent
$29.0K $12.60/SF
− Vacancy
−$1.9K −$0.81/SF
EGI
$27.1K $11.79/SF
− OpEx
−$8.1K −$3.54/SF
NOI
$19.0K $8.25/SF
Area
Cameron County, TX
Vacancy
6.46%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$379,180
Cap Rate 7%
$270,843
Cap Rate 9%
$210,656
Alternative Uses
Best Use
Multifamily LT 5
$270.8K
$237.0K – $316.0K
NOI $18,959 @ 7.0% cap · market cap 5.27%
Second Best
Apartment 5plus
$248.4K
$217.3K – $289.8K
NOI $17,387 @ 7.0% cap · market cap 4.83%
Theoretical Best
Healthcare Medical
$395.7K
$346.2K – $461.6K
NOI $27,697 @ 7.0% cap · market cap 7.69%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
22
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two open-concept residences offer three bedrooms, two baths, appliances, tile finishes, and private fencing.
Where is this duplex located?
The property is located at 2422 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: Duplex totaling 2,298 square feet; Each unit offers 1,149 square feet with 3 bedrooms and 2 bathrooms; Built in 2023 on a 0.1343‑acre lot
