tomo logo

$1,800,000

Beds
Unknown
sq ft
26,770

5007 E US Highway 83, Rio Grande City, TX 78582

5007 E US Highway 83

Rio Grande City, TX 78582

  • 28 days on market
Amazing opportunity to pick up 32 units in South Texas. Renovations have been done to the property over the last 4 years including roofs, A/C units, parking area, and appliances. Although income has been steadily increasing, there is still room to raise rents. The region has been growing and developing rapidly and rental demand is strong. - A/C Units updated in some units. -Roof replaced as of 2021 -Some units have been renovated including new and/or refurbished appliances -Parking area has been updated -Close proximity to shopping and restaurants.

Details

Property type

Apartment

Lot size

0.913 acres

Price per sq ft

$68

Year built

2005

Annual property taxes

$27,635

Price History

02/03/2025
McAllenTX

McAllenTX #460561

Listed
$1,800,000
02/01/2025
McAllenTX

McAllenTX #446030

Removed
01/07/2025
McAllenTX

McAllenTX #446030

Price change
$1,800,000
-5.26%

Schools & Community

Elementary school: 

Ramirez

Middle school: 

Rio Hondo Junior High

High school: 

Rio Grande City H.S.

Community features: 

Curbs, Sidewalks, Street Lights

High school district: 

Rio Grande ISD

Number of units in community: 

2

Status: Active

Tomo last checked: 03/04/2025 at 1:25 AM

Listing updated: 02/03/2025 at 2:55 PM

Listed by: Monica M. Rodriguez Garza, Just Realty

MLS: McAllenTX #460561

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