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$278,868

407 FAITH DR., LA FERIA, TX, 78559

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,600 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$158.75 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size8,912 sqft

Building Information

Year Built2024
Stories1
Roof Type105
Garage Spaces2

Land Information

APN85-5367-0000-0710-00
Lot Number71
SubdivisionMoriah Palms
Land UseReal Property Single Family
Legal DescriptionMORIAH PALMS LOT 71 (2023 PLAT C1-4473 CCMR FILED 09/16/2022)
Census Tract011908
Assessed Land Value$46,345
Assessed Improvement Value$232,523
Assessment Year2025

About this property

Welcome to this charming home located in the heart of La Feria! This beautiful property offers the perfect blend of comfort and convenience. Featuring 4 bedrooms and 2 bathrooms, this home boasts a spacious open-concept living area, ideal for both relaxation and entertaining. The kitchen is equipped with modern appliances and plenty of counter space, perfect for preparing meals with ease. Step outside to enjoy the generous backyard, offering ample space for outdoor activities, gardening, or simply relaxing under the Texas sun. The home is conveniently located near schools, shopping, and dining options, making it an ideal choice for families and individuals alike.

Investor Tools

Property Icon
$278,868
Estimated Property Value
$0Estimated Mortgage Balance
$16,397Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,673 /month
Positive
Cash Flow Estimate:
$558 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$673/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,684
$278,868
2025
$46,345
$232,523
$278,868
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,684
$278,868

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Solutions Of Colorado Llc
Va
$264,000
Yes
First
Dec 1, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$262,471
$16,397
5%
94%
$1,583/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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407 FAITH DR. | Property Details | No Agent List