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    Duplex Income Property Title is generated by Realmo AI

    2422 N Valley Circle, La Feria, TX 78559

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    Claim this Listing
    New
    For Sale
    $360,000

    MULTI_FAMILY - La Feria, TX

    Property size:
    2,298 SF
    Lot size:
    0.13 Acres
    Price / SF:
    $156/SF
    Added:
    Jun 9, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 9 at 7:06 pm

    Property Features for 2422 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
    8622310000007000
    Size
    2,298 SF
    Lot size
    0.13 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    6590

    Utilities

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

    Building Details

    Year built
    2023
    Floors in Building
    1
    Number of units
    2
    Building materials
    Brick, Siding, Stucco
    Roof type
    Composition

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    Listing Contact
    Arasely Esquivel
    Arasely Esquivel

    Listing agent Arasely Esquivel

    Listing office eXp Realty LLC 9600 Great Hills Trail #150w, Austin, TX

    Listing date Jun 9, 2026

    MLS# 506844 Listing URL

    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.

    HighLights

    • Duplex built in 2023 in Bridge Estates (La Feria)
    • Each unit offers an open‑concept 3 bed, 2 bath layout with a 1‑car garage
    • Total living space per unit: 1,149 sqft
    • Includes kitchen and laundry appliances: electric stove, microwave, refrigerator, washer and dryer
    • Tile flooring throughout with granite countertops in kitchen and bathrooms
    • Fully fenced with privacy fencing; central electric heating and central air cooling

    Overview

    This duplex offers two separate residences, each featuring an open-concept layout with three bedrooms, two bathrooms, and a one-car garage. The homes are described as tile flooring throughout and granite countertops in the kitchen and bathrooms. Each unit is also listed as coming fully equipped with a stove, microwave, refrigerator, washer, and dryer. The property is described as fully fenced, supporting privacy and practical day-to-day use.

    The duplex is located at 2422 N Valley Circle in La Feria, Texas, within the Bridge Estates subdivision. The listing notes that the photos are of a unit for reference only, as the units are tenant occupied.

    For buyers looking for a residential income property, this configuration provides two self-contained 3-bedroom units under one ownership, with garage parking and in-unit laundry appliances included per the offering details. The consistent finishes and fully fenced setting may help streamline leasing and tenant move-ins, while the separate layout can support straightforward day-to-day property management.

    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 $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 local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    La Feria
    County
    Cameron
    State
    Texas
    Longitude
    -97.84597
    Latitude
    26.176128

    FAQs

    What type of property is this?
    Duplex - Duplex with two 3-bedroom, 2-bath units, each with a one-car garage, appliances, and fenced grounds.
    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 built in 2023 in Bridge Estates (La Feria); Each unit offers an open‑concept 3 bed, 2 bath layout with a 1‑car garage; Total living space per unit: 1,149 sqft
    More about this property
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