$600,000
24529 FM 506, LA FERIA, TX, 78559
On Market
Commercial
Highlights
Interior
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
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%
