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8014 N Lopez  Street, Rio Grande City
$146,900
506602 MLS
Investor opportunity in Rio Grande City! This 4-plex is offered at just $146,900 and features approx. 3,159 sq. ft. of gross building area per appraisal. Three of four units are currently leased with a total rent roll of $1,690/month, or $20,280 annually in current scheduled rent. Unit mix includes two 3-bedroom units and two 1-bedroom units, with one 1BD/1BA currently vacant and offering additional income potential once leased. Listed owner expenses total approx. $6,839/year for taxes, insurance, and water, with trash charges passed through to occupied units. Property needs repairs and updating, but the price reflects the condition and creates a strong value-add opportunity for an investor looking to improve, stabilize, and increase performance over time. Features include tile flooring, covered porch/patio areas, paved access, and a chain-link fenced lot. Sold as-is.

8014 N Lopez Street, Rio Grande City

302 Papalote  Road, Rio Grande City
$429,000
505385 MLS
Investor opportunity in a growing area! This fully occupied 5-unit multifamily property offers immediate rental income with strong long-term potential. Each unit features 2 bedrooms and 2 bathrooms, providing an attractive and functional layout for tenants. This income-producing property is ideal for investors seeking steady cash flow and portfolio expansion. Well-maintained and fully leased, the complex offers consistent occupancy appeal with spacious layouts designed for comfortable living. Conveniently located near schools, shopping, dining, and major roadways, this property combines accessibility with strong rental demand. Excellent opportunity to own a turnkey investment property with multiple streams of income already in place. Properties like this are increasingly difficult to find — secure a valuable asset with immediate revenue potential and room for future appreciation.

302 Papalote Road, Rio Grande City

4055 W Us Highway 83  Highway, Rio Grande City
$349,000
4 Beds ⋅ 3 Baths ⋅ 503886 MLS
Spacious property offering nearly 4 acres of land with a well-maintained residence. This 4-bedroom, 3-bathroom home provides a functional layout with ample space for comfortable living, entertaining, or multi-generational use. generous living areas, a practical kitchen layout, and well-sized bedrooms with convenient bathroom access. The gated entrance adds privacy and controlled access, while the expansive lot offers room for outdoor activities, future additions, or agricultural use. In addition to the main home, the property includes a separate guest house that can be converted to suit a variety of needs. The property presents a unique opportunity for those seeking space, versatility, and a quieter setting while still maintaining accessibility to nearby amenities. Whether used as a primary residence, investment, or retreat, this property combines land, improvements, and value in one offering.

4055 W Us Highway 83 Highway, Rio Grande City

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