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$410,000

701 S Parker Rd, LA FERIA, TX, 78559

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,445 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$173.82 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size31,742 sqft

Building Information

Year Built2018
Stories1
Roof Type105

Land Information

APN29-3960-0000-0010-00
Lot Number1
SubdivisionKiester Subdivision
Land UseResidential
Legal DescriptionLA FERIA- KIESTER LOT 1
Census Tract011905
Assessed Land Value$132,118
Assessed Improvement Value$250,570
Assessment Year2025

About this property

WELCOME TO THIS BEAUTIFUL REMODELED HOME WITH GUEST HOUSE - Stunning Craftsman in Mid-Valley. 701 S. Parker Rd, is a rare gem offering 2,445 sq ft of inspired living across a landscaped .73-acre corner lot—directly across from the historic Tichenor Museum in La Feria. The 2018 complete renovations of the main 2 bed/2.5 bath home features 2,041 sq ft of living space, open floor, natural light & gleaming hardwood floors. A 2nd flex living area styles ceiling-high windows. Custom barrel archways, glass details & recessed lighting add a curated sense of charm. The kitchen is the heart of the home with quartz countertops, stainless steel appliances, a generous pantry & GAS stovetop. The home office offers custom built-in cabinetry & desk. The 430 sqft guesthouse includes a full bath, W/D connections & kitchenette & opens a world of possibilities for: family, gym, creative space, passive income & more. This home invites a peaceful & spacious lifestyle w/lots of inspired features.

Investor Tools

Property Icon
$410,000
Estimated Property Value
$0Estimated Mortgage Balance
$410,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$361/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,283
$170,983
2025
$132,118
$250,570
$382,688
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,283
$170,983

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$410,000
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.

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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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701 S Parker Rd | Property Details | No Agent List