200-300 Cub Circle

La Feria, TX 78559

$2,250,000
Price
Beds
19,372 Sq. Ft.
$116 / Sq. Ft.
19,372
Sq. Ft.
$116
per Sq. Ft.

Description

An outstanding investment opportunity has arisen at 200 & 300 Cub Circle, La Feria, TX. These charming multifamily properties are located on two distinct lots that span 0.37 acres. They comprise (1) 4-plex and (2) 3-plex buildings per lot, meticulously maintained, offering two bedrooms and 1.5 bathrooms each, with 966 square feet of living space per unit. This property's combined total living area amounts to 19,372 square feet, hosting 20 units. The occupancy rate is currently at 90%. Take advantage...An outstanding investment opportunity has arisen at 200 & 300 Cub Circle, La Feria, TX. These charming multifamily properties are located on two distinct lots that span 0.37 acres. They comprise (1) 4-plex and (2) 3-plex buildings per lot, meticulously maintained, offering two bedrooms and 1.5 bathrooms each, with 966 square feet of living space per unit. This property's combined total living area amounts to 19,372 square feet, hosting 20 units. The occupancy rate is currently at 90%. Take advantage of this remarkable opportunity to enhance your portfolio.
  1. Listed by Laura Liza Paz • TREC #801000353 • Nai Rio Grande Valley

Property Details for 200-300 Cub Circle

Community Features
None
Subdivision Name
La Feria
LISTING UPDATED: 07/10/2024 02:45 PM

Property Details for 200-300 Cub Circle

StatusActive
MLS #432722
Days on Market260
Taxes$16,245 / year
HOA Fees-
Condo/Co-op Fees$19,228 / year
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built2021
CountyCameron County

Building Information for 200-300 Cub Circle

Building/Complex200-300 Cub CirFloor-Stories-Residences20Pet Policy-Year Built2021Building Size-

Property Information for 200-300 Cub Circle

Summary
Location and General Information
  • Directions: Take FM 506 North from expressway and turn left onto Lions Villa Ave. The property will be on your right-hand side.
  • Road Surface Type: Paved
Parking
  • Carport Spaces: 0.0
  • Carport YN: No
  • Covered Spaces: 0.0
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: No Carport, No Garage
  • Parking Total: 0.0
School Information
  • Elementary School: CE Vail
  • Elementary School District: La Feria ISD
  • High School: La Feria H.S.
  • High School District: La Feria ISD
  • Middle Or Junior School: Green Junior High
  • Middle Or Junior School District: La Feria ISD
Taxes and HOA
  • Association: No
  • Parcel Number: 8553770010010000 & 8553770010007000
  • Tax Annual Amount: $16,245
  • Tax Legal Description: Lot 10 BLK 1 LA FERIA LION'S VILLA & LOT 7 BLK 1 LA FERIA LIONS VILLA SUBDIVISION
  • Tax Year: 2024
Property
Lot Information
  • Building Area Source: Cameron CAD
  • Building Area Total: 19372.0
  • Building Area Units: Square Feet
  • Living Area: 19372.0
  • Living Area Source: Cameron CAD
  • Living Area Units: Square Feet
  • Lot Size Acres: 0.74
  • Lot Size Area: 32233.9644
  • Lot Size Dimensions: 95x170
  • Lot Size Square Feet: 32233.9644
  • Lot Size Units: Square Feet
Property and Assessments
  • Year Built: 2021
  • Year Built Source: Builder
  • Escrow: $25,000.00
Utilities
  • Irrigation Water Rights: No
  • Number Of Separate Water Meters: 1
  • Sewer: City Sewer
  • Water Source: Public
Green Features
  • Green Energy Efficient: Thermostat
Mobile Home
Mobile Home Information
  • Home Warranty: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: None
  • Fencing: None
  • Pool: No
  • Number Of Buildings: 6
  • Construction Materials: Other
  • Other Structures: Outbuilding (None)
  • Roof: Shingle
Interior Features
  • Appliances: Electric Water Heater, Electric Cooktop, Refrigerator
  • Cooling: Central Air
  • Cooling YN: Yes
  • Flooring: Laminate
  • Heating: Central
  • Heating: Yes
  • Interior Features: Ceiling Fan(s)
  • Laundry Features: None, Washer/Dryer Connection
  • Foundation Details: Slab
Multi Family
Income & Expenses
  • Gross Income: $214,392.00
  • Insurance Expense: $8,624.00
  • Maintenance Expense: $19,228.00
Multi-Family Information
  • Number Of Units In Community: 6
  • Number Of Units Total: 20
  • Other Expense: $23,934.00

Property History for 200-300 Cub Circle

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 200-300 Cub Circle

This home is within La Feria Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 7 to 8
Public - 8 to 12
Public - PK to 4
Rating
School
Distance
Sam Houston Elementary School
PublicPK to 4

W B Green J High School
Public7 to 8

La Feria High School
Public8 to 12

C E Vail Elementary School
PublicPK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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200-300 Cub Circle is a multi-family home for sale in La Feria, TX 78559. This property was listed for sale on April 3, 2024 by Nai Rio Grande Valley, it's currently listed at $2,250,000. This listing's school district is La Feria Independent School District. Nearby schools include Sam Houston Elementary School, W B Green J High School and La Feria High School. 200-300 Cub Circle is a 0-bed, 0-bath, 19,372 sqft multi-family home built in 2021.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Nai Rio Grande Valley

Based on information from one of the following Multiple Listing Services: GMAR MLS, South Texas MLS and Amarillo Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by GMAR MLS, South Texas MLS and Amarillo Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.