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$598,000

605 & 609 W Cypress Avenue, La Feria, TX, 78559

On MarketInfo
Just AddedInfo
Beds— Beds
Baths— Bath
Baths3,620 Sq Ft
DuplexDuplex
price_per_sqft$165.19 / sqft
Year BuiltBuilt in 2022

About this property

Built in 2022! Fully Leased! Located in a desirable neighborhood in La Feria Texas. Only minutes from the expressway! Two must-see 2-bedroom 2-bath Duplexes, side by side with an open floor plan and modern design! Kitchen has quartz countertops with overhanging lamps and a pantry! The Master bath is a delight. Also featured are large walk-in closets with built-ins! This Multi-family property is already wired for a security system and has been insulated with spray foam insulation. PLEASE NOTE: these duplexes can be sold INDIVIDUALLY for $299,000 or together for $598,000. Financials are available with NDA during the option period. As the units are fully occupied, we will require drive-by looks and offers in-hand prior to scheduling showings. Not all units may be available to see prior to inspections during the option period.

Investor Tools

$0Estimated Mortgage Balance
$598,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,588 /month
Positive
Cash Flow Estimate:
$1,196 /month

Interested in this property?

Maribel R Juarez

URSA Real Estate

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Financing Details

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

City: La Feria