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Property profile & analytics
OFF-MARKET
Apartment buildings

13973 Hackberry Ln La Feria, TX 78559

Built 1973
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Apartment buildings
Year built 1973
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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