13973 Hackberry Ln La Feria, TX 78559
This exceptional investment opportunity presents a four-unit apartment building situated on a spacious 20,085.95 square foot lot in La Feria, Texas, zip code 78559. The property, located at 13973 Hackberry Lane, comprises two buildings constructed in 1973. The unit mix includes three one-bedroom, one-bathroom units and one larger three-bedroom, two-bathroom unit, offering a diverse tenant base. The property boasts a current monthly gross income of $1,300. Recent upgrades include new flooring and ceilings in all units, ensuring the property is in excellent condition and minimizing immediate maintenance needs. This multifamily property presents a compelling investment opportunity in a peaceful, desirable location. The property's corner lot location offers additional potential for future development or expansion. This is an ideal addition to any investment portfolio seeking stable rental income and potential for appreciation. The property is conveniently located in Cameron County, Texas.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.