13973 Hackberry Ln La Feria, TX 78559
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 13973 Hackberry Ln
- Year built
- 1973
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- La Feria
- County
- Cameron
- State
- Texas
- Longitude
- -97.7994
- Latitude
- 26.1654
