Great investment Opportunity located in Rio Grande City with 214 ft of Highway Frontage. This property features 8 Apartment units (7 units with 1 bed/1 bath & 1 unit with 2 bed/1 bath) and 1 Home; fully renovated 3 bed/1 bath. Roofs on all 3 buildings have recently been re-shingled. Annualized Gross Income near $50,000. Long term tenants and presently all Leased. Property consists of .49 acres and allows for future development that can generate additional income. Minutes away from Rio Grande City's Medical Corridor, UTRGV & South Texas College Campuses, Dining & National Retailers.
Sold
Price Unknown
164 W Us Highway 83, Rio Grande City, TX 78582
12beds
9baths
3,898sqft
Multi Family
Built in 1995
-- sqft lot
$387,600 Zestimate®
$--/sqft
$902 Estimated rent
Home value
$387,600
$310,000 - $473,000
$902/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Antonio Garza 956-522-9548,
Coldwell Banker Commercial Rio Grande Valley
Source: Greater McAllen AOR,MLS#: 410680
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 9
Heating
- Has Heating (Unspecified Type)
Cooling
- Electric, Window Unit(s)
Appliances
- Included: Electric Water Heater, Electric Cooktop, Stove/Range
- Laundry: None
Features
- Ceiling Fan(s), Other
- Flooring: Tile
Interior area
- Total structure area: 3,898
- Total interior livable area: 3,898 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached, Other Garage or Carport
- Carport spaces: 2
Features
- Patio & porch: Covered Patio, Patio, Patio Slab
- Fencing: None
Lot
- Size: 0.49 Acres
Details
- Additional structures: Outbuilding (None)
- Parcel number: 000820780001620000010
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Stucco
- Foundation: Slab
- Roof: Shingle
Condition
- Year built: 1995
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: None
Community & neighborhood
Community
- Community features: None
Location
- Region: Rio Grande City
- Subdivision: Porcion 78
Other
Other facts
- Road surface type: Caliche, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/8/2023 | Sold | -- |
Source: Greater McAllen AOR #410680 Report a problem | ||
| 8/24/2023 | Pending sale | $275,000$71/sqft |
Source: Greater McAllen AOR #410680 Report a problem | ||
| 8/18/2023 | Price change | $275,000-3.5%$71/sqft |
Source: Greater McAllen AOR #410680 Report a problem | ||
| 8/14/2023 | Price change | $285,000-3.4%$73/sqft |
Source: Greater McAllen AOR #410680 Report a problem | ||
| 7/26/2023 | Listed for sale | $295,000$76/sqft |
Source: Greater McAllen AOR #410680 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 78582
Nearby schools
GreatSchools rating
- 4/10John & Olive Hinojosa Elementary SchoolGrades: PK-5Distance: 14.1 mi
- 5/10Veterans Middle SchoolGrades: 6-8Distance: 13.1 mi
- 5/10Rio Grande City High SchoolGrades: 9-12Distance: 10.8 mi
Schools provided by the listing agent
- Elementary: Roque-Guerra
- Middle: Veterans
- High: Rio Grande City H.S.
- District: Rio Grande ISD
Source: Greater McAllen AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Texas
- Starr County
- Rio Grande City
- 78582
- 164 W Us Highway 83
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Nearby neighborhoods
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