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    2114 Vly Cir La Feria, TX 78559

    For Sale
    $269,900

    Charming 2-unit duplex, new construction.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 2-unit apartment building, constructed in 2022, presents a compelling investment opportunity in the thriving La Feria, Texas market. Situated on a spacious 6,500 square foot lot at 2114 E Valley Circle, this property boasts two generously sized units, each featuring two bedrooms and two bathrooms. The units are beautifully appointed with modern finishes including attractive tile flooring and elegant quartz countertops throughout. Residents will appreciate the convenience of private backyards, ample storage provided by walk-in closets, energy-efficient tankless water heaters, and dedicated laundry areas within each unit. The property's location offers unparalleled convenience, being just moments away from major highways, ensuring easy access to surrounding areas. Furthermore, its position within a rapidly growing subdivision promises strong future appreciation potential. The asking price for this turnkey investment is $269,900. This duplex represents a rare opportunity to acquire a high-quality, recently built multifamily property in a desirable location with significant upside potential. Don't miss this chance to add a valuable asset to your portfolio. The property is located in Cameron County, Texas, zip code 78559.

    Property Features for 2114 Vly Cir

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    2022
    Buildings
    1
    Units
    2

    HighLights

    • Newly constructed (2022) 2‑unit apartment building in La Feria, TX.
    • Situated on a 6,500 sq ft lot at 2114 E Valley Circle.
    • Each unit features 2 bedrooms and 2 bathrooms with modern finishes, including tile flooring and quartz countertops.
    • Units include private backyards, walk‑in closets, tankless water heaters, and in‑unit laundry.
    • Convenient location near major highways in a rapidly growing subdivision.
    • Asking price: $269,900.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Map

    City
    La Feria
    County
    Cameron
    State
    Texas
    Longitude
    -97.8444794
    Latitude
    26.1749012

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    FAQs

    What type of property is this?
    Multifamily property - Charming 2-unit duplex, new construction.
    Where is this multifamily property located?
    The property is located at 2114 Vly Cir La Feria, TX.
    What is the asking price?
    The asking price for this property is $269,900.
    What are key features of this property?
    This property features: Newly constructed (2022) 2-unit apartment building in La Feria, TX.; Situated on a 6,500 sq ft lot at 2114 E Valley Circle.; Each unit features 2 bedrooms and 2 bathrooms with modern finishes, including tile flooring and quartz countertops.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2114 Vly Cir La Feria, TX 78559
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