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Days41Days on Market
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$53,800

403 Illinois Dr, LA FERIA, TX, 78559

$69,940 ARVInfo
On MarketInfo
Beds2 Beds
Baths1 Bath
Baths828 Sq Ft
price_per_sqft$64.98 / sqft
Year BuiltBuilt in 1980

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesElectric Water Heater

Exterior

Lot Size10,324 sqft

Building Information

Garage Spaces1

Land Information

APN86-6500-0000-0360-00
Lot Number36
SubdivisionValle Verde Adult Mh Park Subd
Land UseResidential
Legal DescriptionABST 10- VALLE VERDE LOT 36
Census Tract011906
Assessed Land Value$54,389
Assessment Year2025

About this property

Bring your vision to this 828-square-foot, 2-bedroom, 1-bath mobile home in La Feria. Whether you're looking for your next investment project or an affordable home to renovate, this property offers plenty of potential. The home is being sold As Is. Convenient location with easy access to local amenities and highways.

Investor Tools

$0Estimated Mortgage Balance
$391,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$69,940
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,346 /month
Positive
Cash Flow Estimate:
$782 /month

Interested in this property?

Angela Ramirez

Real Broker, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$269/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,274
$53,160
2025
$54,389
N/A
$54,389
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,274
$53,160

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$391,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: LA FERIA

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403 Illinois Dr | Property Details | No Agent List