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$600,000

24529 FM 506, LA FERIA, TX, 78559

On MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths2,800 Sq Ft
price_per_sqft$214.29 / sqft
Year BuiltBuilt in 1957

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
AppliancesElectric Water Heater
FlooringTile

About this property

COME ONE COME ALL INVESTORS!! If you are LOOKING for a GREAT Multi-Family Property, Congratulations you have FOUND IT !! Here at 24529 N. FM 506 La Feria, Tx. This Property Offers a 2,800 Sq. Ft. 3 Bedroom 2 1/2 Bath Home. A Separate Building Measuring 54 X 64 that Offers Six One Bedroom Apartments each measures 756 Sq. Ft. Living and Outdoor Balconies Front and Back to enjoy Views to the North and South. Along with the Property comes Ten RV Pads Located on the North Two Acres with the Possibility of adding Many MORE!! This Property Does Not Flood!!

Investor Tools

$0Estimated Mortgage Balance
$600,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,600 /month
Positive
Cash Flow Estimate:
$1,200 /month

Interested in this property?

ANTONIO CASAS JR.

KELLER WILLIAMS LRGV

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: LA FERIA

24529 FM 506 | Property Details | No Agent List