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    229 4Th St La Joya, TX 78560

    For Sale
    $180,000

    Two-unit apartment building, great potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents a two-unit apartment building located at 229 W 4th Street, La Joya, Texas, 78560. Built in 1983, this property sits on a sizable 6,395.044 square foot lot and consists of two separate buildings. Currently, the property features two rental units

    Property Features for 229 4Th St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1983
    Buildings
    2
    Units
    2

    HighLights

    • Exceptional investment opportunity: Two‑unit apartment building in La Joya, TX.
    • Located at 229 W 4th Street, La Joya, Texas, 78560.
    • Built in 1983.
    • Situated on a 6,395 square foot lot.
    • Features two separate buildings with two rental units.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    La Joya
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.483239
    Latitude
    26.2448696

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    FAQs

    What type of property is this?
    Multifamily property - Two-unit apartment building, great potential.
    Where is this multifamily property located?
    The property is located at 229 4Th St La Joya, TX.
    What is the asking price?
    The asking price for this property is $180,000.
    What are key features of this property?
    This property features: Exceptional investment opportunity: Two-unit apartment building in La Joya, TX.; Located at 229 W 4th Street, La Joya, Texas, 78560.; Built in 1983.
    Request Owner's contact information
    229 4Th St La Joya, TX 78560
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    La Joya, TX 78560
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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
    229 4Th St La Joya, TX 78560
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