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600 S Canal St, La Feria, TX, 78559

3beds
3baths
1,640sqft
$250,000
$152price/sqft
$2,195/moest. monthly cost
$87,800/yrincome needed

About This Home

Great income-producing investment opportunity in the city of La Feria, Texas! Situated on 1.13 acre, this property features one building with three individual 1-bed/1-bath units, generating a combined monthly income of $2,150. Additional income potential includes a coin-operated laundry facility for residents and a garage unit that can be rented out for even more revenue. Conveniently located within walking distance of stores, restaurants, schools, and a church. The property also offers ample parking and beautiful mature trees, creating a welcoming environment for tenants.

Getting Around

34
WalkingCar-Dependent
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

3/10
5/10
La Feria High SchoolGrades 8-120.8 mi

Construction

Condition

  • Year built: 1980

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Brick,Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Electric Water Heater,Refrigerator,Stove/Range
  • Laundry features: Laundry Area

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3

Cooling

  • Cooling features: Window Unit(s)

Features

  • Flooring: Tile,Vinyl

Interior Area

  • Total structure area: 1,640
  • Total interior livable area: 1,640 sqft

Property

Details

  • Parcel number: 8529400220040100

Features

  • Exterior features: Mature Trees
  • Fencing: None

Lot

  • Lot size: 1.13 Acres
  • Features: Irregular Lot,Mature Trees

Parking

  • Total spaces: 6
  • Parking features: Garage Faces Front,No Garage
  • Covered spaces: 6
  • Carport: Yes
  • Carport spaces: 6

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Hurricane
    HurricaneRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Hurricane
Hail
Heat Wave
Tsunami

FEMA Declared Disasters Across Texas Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,264$15,168
Home Insurance *$195$2,340
Property Taxes $498$5,976
Electricity $238$2,859
Total$2,195$26,340
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$75,257/yr
40% on housing$65,850/yr
45% on housing$58,533/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.0%
6.0%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 1.8%
1.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$152This listing

vs Other Active Listings

Avg $/sqft

ZIP 78559$113
Cameron County$150

vs Homes Sold Last Month

Median $/sqft

ZIP 78559$162
Cameron County$168

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-06Listed for sale$250,000
2021-04-07Listing removed--
2021-02-23Pending sale$205,000
2021-02-21Listing removed--
2021-01-18Price change$205,000
2020-02-18Listed for sale$215,000
2015-01-14Sold--
2014-11-21Price change$39,900
2014-10-17Price change$48,900
2014-10-02Price change$54,900
2014-08-15Listed for sale$66,900
2014-06-03Listing removed--
2014-05-31Price change$52,500
2014-05-21Price change$30,000
2014-05-17Listed for sale--

For Sale by Agent

AgentMarvelia Monroy
BrokerageKeller Williams Realty Rgv

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