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Duplex with Attached Garages
For Sale
$359,900

2430 N VALLEY CIRCLE, La Feria, TX 78559

Residential Income, LA FERIA, TX

Property Size2,298 SF
Lot Size0.13 Acres
Price / SF$156.61
Days on Market1174

Property Features for 2430 N VALLEY CIRCLE

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Parking features Garage
Interior features Ceiling Fan(s), Smoke Alarm(s)
Appliances Dryer, Range, Refrigerator, Washer
Subdivision BRIDGE ESTATES
Lot features Curb & Gutter
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 2,298 SF
Lot size 0.13 Acres

Utilities

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

Amenities

appliances (Stove, Microwave, Refrigerator, Washer, Dryer)
tile flooring throughout
granite countertops in kitchen and bathrooms
partially fenced

Building Details

Year built 2023
Floors in Building 1
Number of units 2
Flooring type Tile
Listing Agency: EXP Realty, LLC
Listed By: Arasely Esquivel
Added: Aug 8, 2023 Changed: Oct 22 Last Checked: Oct 24 at 3:06PM
MLS# 29742655

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.

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Investment Insights

Based on property information with market context.

This under-construction duplex contains two residences, each with 1,149 square feet of living space, three bedrooms, two bathrooms, and a one-car garage. Combined building area is 2,298 square feet. Planned interior finishes include tile flooring and granite countertops in the kitchens and bathrooms; the units are also specified with ranges, refrigerators, washers, and dryers. The property is partially fenced.

The 0.13-acre site is served by public water and public sewer. Construction is listed for 2023.

Key Highlights

  • Two‑unit duplex with 2,298 square feet of total building area
  • Each unit offers 1,149 square feet, three bedrooms, two bathrooms, and a one‑car garage
  • Under construction; year built listed as 2023

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 (±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 7.70%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Location Intelligence

Trade Area within ½ mile

84
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each residence has a three-bedroom, two-bathroom layout with a private garage.
Where is this duplex located?
The property is located at 2430 N VALLEY CIRCLE La Feria, TX.
What is the asking price?
The asking price for this property is $359,900.
What are key features of this property?
This property features: Two‑unit duplex with 2,298 square feet of total building area; Each unit offers 1,149 square feet, three bedrooms, two bathrooms, and a one‑car garage; Under construction; year built listed as 2023
More about this property
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