Amazing 4-unit apartment in Rio Grande City, TX 78582. Fully occupied fourplex featuring four 2-bedroom, 1-bath units with strong rental income. Current rents $850–$900 per unit with upside potential to $1,000. Generates approx. $42,480 in gross annual income. Fully gated property offering a shared backyard, 1-garage/storage, and two parking spaces per unit. Turnkey investment ideal for both first-time and experienced investors.
For sale
Price cut: $25.5K (4/15)
$324,500
53 Albeza Ave, Rio Grande City, TX 78582
8beds
4baths
3,620sqft
Quadruplex, Multi Family
Built in 1991
-- sqft lot
$315,000 Zestimate®
$90/sqft
$-- HOA
What's special
Fully gated propertyShared backyard
- 184 days |
- 59 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Elvia Lopez 956-379-0500,
Jsl Living, Llc
Source: Greater McAllen AOR,MLS#: 490670
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater, Refrigerator, Stove/Range
- Laundry: Laundry Closet, None, Washer/Dryer Connection
Features
- Ceiling Fan(s), Walk-In Closet(s)
- Flooring: Laminate, Tile
Interior area
- Total structure area: 3,620
- Total interior livable area: 3,620 sqft
Property
Parking
- Total spaces: 1
- Parking features: No Garage
- Carport spaces: 1
Features
- Exterior features: Manual Gate, None
- Fencing: Wood
Lot
- Size: 8,441 Square Feet
- Features: Corner Lot, Curb & Gutters, Irregular Lot
Details
- Additional structures: Outbuilding (None)
- Parcel number: 055500000003100000000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Brick, Stucco
- Foundation: Slab
- Roof: Shingle
Condition
- Year built: 1991
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Thermostat
Community & HOA
Community
- Features: None
- Security: Smoke Detector(s)
- Subdivision: Campo Verde
HOA
- Has HOA: No
Location
- Region: Rio Grande City
Financial & listing details
- Price per square foot: $90/sqft
- Annual tax amount: $5,122
- Date on market: 12/27/2025
- Road surface type: Paved
Estimated market value
$315,000
$299,000 - $331,000
$914/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/15/2026 | Price change | $324,500-7.3%$90/sqft |
Source: Greater McAllen AOR #490670 Report a problem | ||
| 12/27/2025 | Listed for sale | $350,000+11.3%$97/sqft |
Source: Greater McAllen AOR #490670 Report a problem | ||
| 8/11/2023 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 7/21/2023 | Pending sale | $314,500$87/sqft |
Source: Greater McAllen AOR #396921 Report a problem | ||
| 4/29/2023 | Price change | $314,500-0.2%$87/sqft |
Source: Greater McAllen AOR #396921 Report a problem | ||
| 1/30/2023 | Price change | $315,000+5%$87/sqft |
Source: Greater McAllen AOR #396921 Report a problem | ||
| 11/28/2022 | Listed for sale | $300,000+34.5%$83/sqft |
Source: Owner Report a problem | ||
| 8/26/2021 | Sold | -- |
Source: Greater McAllen AOR #528004_353320 Report a problem | ||
| 6/16/2021 | Pending sale | $223,000$62/sqft |
Source: Greater McAllen AOR #353320 Report a problem | ||
| 5/14/2021 | Price change | $223,000-0.9%$62/sqft |
Source: Greater McAllen AOR #353320 Report a problem | ||
| 4/1/2021 | Listed for sale | $225,000$62/sqft |
Source: Greater McAllen AOR #353320 Report a problem | ||
| 3/30/2021 | Pending sale | $225,000$62/sqft |
Source: Greater McAllen AOR #353320 Report a problem | ||
| 3/16/2021 | Listed for sale | $225,000+77.2%$62/sqft |
Source: Greater McAllen AOR #353320 Report a problem | ||
| 5/8/2020 | Sold | -- |
Source: Greater McAllen AOR #324007 Report a problem | ||
| 1/14/2020 | Pending sale | $127,000$35/sqft |
Source: Keller Williams Realty Rio Grande Valley #324007 Report a problem | ||
| 10/30/2019 | Listed for sale | $127,000-19.1%$35/sqft |
Source: Keller Williams Realty RGV #324007 Report a problem | ||
| 10/9/2014 | Listing removed | $156,900$43/sqft |
Source: Owner Report a problem | ||
| 5/27/2014 | Listed for sale | $156,900$43/sqft |
Source: Owner Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: La Rosita
Nearby schools
GreatSchools rating
- 9/10Delia Gonzalez Garcia Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 5/10Ramiro Barrera Middle SchoolGrades: 6-8Distance: 3.6 mi
- 6/10Roma High SchoolGrades: 9-12Distance: 7.7 mi
Schools provided by the listing agent
- Elementary: Sanchez
- 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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Texas
- Starr County
- Rio Grande City
- 78582
- La Rosita
- 53 Albeza Ave


