List Price:
$2,100,000
MLS Number:
510232
Property Type:
Residential Income
Property Sub Type:
Apartment
Accessibility Features:
Appliances:
Electric Water Heater, Convection Oven, Refrigerator, Stove/Range
Application Fee:
Association Fee:
Association Fee Frequency:
Association YN:
No
Attached Garage YN:
Availability:
Base Rent Amount:
Basement:
Building Area Total:
15744
Building Area Units:
Square Feet
Carport Spaces:
0
Carport YN:
No
City:
La Feria
Community Features:
Sidewalks, Street Lights
Construction Materials:
Stone, Wood Siding
Cooling:
Central Air
Cooling YN:
Yes
Country:
US
County:
Cameron
Covered Spaces:
0
Designated Broker MUI:
1268635
Directions:
From expressway 83, travel north on Canal Road, turn right on Lion's Villa Avenue, La Feria. The property is at the SE corner of Canal Rd. and Lion's Villa Ave.
Elementary School:
CE Vail
Elementary School District:
La Feria ISD
Exterior Features:
None
Fencing:
None
Fireplace YN:
Flooring:
Tile
Foundation Details:
Slab
Furnished:
Garage Spaces:
0
Garage YN:
No
Green Energy Efficient:
Thermostat
Heating:
Central
Heating YN:
Yes
High School:
La Feria H.S.
High School District:
La Feria ISD
Interior Features:
Ceiling Fan(s), Crown/Cove Molding, Decorative/High Ceilings, Split Bedrooms
Laundry Features:
Laundry Room, Washer/Dryer Connection
Lease Term:
Leased Rent Share:
Living Area Source:
Cameron CAD
Living Area SqFt:
15744
Living Area Units:
Square Feet
Lot Features:
Sidewalks, Sprinkler System
Lot Size Acres:
0.58
Lot Size SqFt :
25264.8
Maintenance Expense:
$0
Middle School:
Green Junior High
Middle School District:
La Feria ISD
New Construction YN:
No
Number Of Buildings:
6
Number Of Units In Community:
6
Number Of Units Total:
16
Open Parking YN:
Other Bldg SqFt:
Other Equipment:
Other Expense:
$0
Other Structures:
Outbuilding (None)
Own Lot YN:
Parking Features:
No Carport, No Garage
Parking Total:
0
Patio And Porch Features:
Pet Deposit:
Pets Allowed:
Pool Features:
Pool Private YN:
Pool YN:
No
Postal Code:
78559
Property Attached YN:
Public Remarks:
Exceptional multifamily investment opportunity in La Feria, Texas! This 16-unit apartment complex offers strong income-producing potential with all 16 units featuring 2 bedrooms and 2 bathrooms, making it an attractive option for long-term tenants. The property encompasses 15, 744 square feet of living space on a 25, 265-square-foot lot, providing a well-designed layout and ample parking. Ideally located with convenient access to schools, shopping, dining, and major highways, this property is well-positioned for consistent occupancy and long-term appreciation. Whether you're looking to expand your investment portfolio or complete a 1031 exchange, this turnkey multifamily asset offers an outstanding opportunity in the growing La Feria market. Don't miss your chance to own a well-maintained, income-producing property with 16 spacious 2-bedroom, 2-bath units in a desirable location.
Road Frontage Type:
Road Surface Type:
Paved
Roof:
Composition Shingle
Room Office Area:
Rooms Total:
Security Features:
Smoke Detector(s)
Security Deposit:
Sewer:
City Sewer
Showing CSS YN:
Spa Features:
Spa YN:
Standard Status:
Active
State:
TX
Status:
Active
Street Dir Prefix:
Street Dir Suffix:
Street Name:
Lion's Villa
Street Number:
405
Street Suffix:
Avenue
Subdivision:
Lions Villa
Tax Annual Amount:
$22,626
Tax Year:
2025
Utilities:
Water Source:
Public
Window Features:
Year Built:
2021
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